Before applying for Wholesale Loan from RSDC, applicant institution/organization must have fulfilled the following eligibility criterion:
- Must be registered under the prevailing law/act and been in operation with regular and timely statutory audit.
- Have obtained license or legal status for microfinance or saving and credit operations.
- Total non-performing loan (portfolio at risk) must not be more than 5% and have maintained sufficient loan loss provision for that.
- Must be complied with standard principles & practices.
- Have minimum net-worth and other financial indicators as prescribed by RSDC.
- Have adopted adequate policies and procedures and active and professional board of directors, other committees and management team.
- Have a well-managed office, appropriate documentation and book keeping policy and determined to set up Management Information System (MIS).
- Must have saving and credit transactions limited within its members.
- Have women and other deprived section of community as members and their active participation on saving and credit transactions.
- Have adequate saving, lending, monitoring, supervision and recovery policy and procedures.
- Must be able to fulfill others terms and conditions as per RSDC's rules and requirements.