online payment transaction fee will be charged by payment gateway :

  1. Net Banking Transaction Charges for ICICI Bank, HDFC Bank, AXIS Bank, SBI & Associate Rs.15 + GST
  2. Net Banking Transaction Charges except from mentioned above banks Rs.10 + GST
  3. All Bank debit cards Rs.30 + GST
Click OK to agree and proceed
Terms & Conditions

We sincerely thank you for trusting us.
Please wait while we are redirecting...
Thank you for submitting your details.
We will get in touch with you shortly.

Fedfina securitized MFI loan pool through a PTC deal of Rs 20.4 crore

Mumbai, January 13, 2021: Fedbank Financial Services Ltd (Fedfina) has executed a Pass Through Certificate (PTC) agreement of ₹20.4 crore with a private sector bank. Fedfina has leveraged part of its Microfinance (MFI) loan book to facilitate the deal.

PTC is a certificate issued to an investor against certain mortgaged-backed securities that lie with the issuer, and can be compared with securities such as bonds and debentures, the only difference being that these are issued against underlying securities. The interest paid to the issuer on these securities is in the form of a fixed income.

Fedfina, set-up in 2007, is a diversified NBFC registered with the Reserve Bank of India as a non-deposit-systematically important-NBFC. The company commenced operations by distributing auto and home loans for FBL. It received the NBFC license in 2010 and started gold finance outside of Kerala region in 2011, SME finance in 2012 and construction finance in 2014. The company also lends micro-finance loans, structured finance and home loans.


Category : Securitisation   |  21 Mar 2021   |  10:00

@ 2021 | Copyright of Fedbank

CIN No : U65910MH1995PLC364635



Do you want to receive important information and updates over WhatsApp

Note: By entering your mobile no., you agree to the T&C and allow us to send you WhatsApp notification

Thanks a lot!

You have successfully subscribed to notification and
updates over WhatsApp