SALE OF STRESSED FINANCIAL POOL THROUGH SWISS CHALLENGE METHOD
Svasti Microfinance Private Limited, an NBFC-MFI registered with the Reserve Bank of India, hereby invites Expression of Interest from eligible ARCs for sale of its unsecured microfinance loans portfolio comprises JLG and Micro LAP loan accounts aggregating principal outstanding of ₹166.02 crore under the Swiss Challenge Method.
| Product Type | No. of Accounts | Principal Outstanding | Classification |
|---|---|---|---|
| Micro LAP Accounts | 801 | ₹ 16.75 crore | Written-off & NPA 90+ |
| Microfinance JLG Accounts | 81749 | ₹ 149.27 crore | Written-off & NPA 90+ |
The sale shall be on “As is where is”, “What is where is” and “No Recourse” basis. Eligible Interested ARCs are requested to intimate their willingness to participate in competitive bidding under Swiss Challenge Method by way of an Expression of Interest (EOI) with Earnest Money Deposit (EMD) of ₹ 1 Crore & Non-Disclosure Agreement (NDA) to be emailed to csteam@svasti.in on or before March 23, 2026, 6:00 pm.
For further details, contact Corporate Strategy Team, Svasti Microfinance Private Limited
Email: csteam@svasti.in
Date: March 19, 2026
Place: Chennai
SVASTI MICROFINANCE PRIVATE LIMITED
Registered Office: 6, First Floor, First Street, Tiger Varadachari Road,
Kalakshetra Colony, Besant Nagar, Chennai - 600090
