Micro Loan is a financial service under Rural Business Finance aimed at providing small loans to women from low-income group and help them become self-reliant.

Microloans are short-term loans with smaller loan amounts that can be availed by self-employed professionals, startups, micro-enterprises, small businesses, and individuals with low capital requirements. Microloans are types of small finance or business loan of the smaller amount offered to micro-entrepreneurs or low-income group families who have little or no access to financial or lending institutions.

With the help of the Government of India, RBI has initiated reaching out to the unbanked and underbanked people to provide them funding, in partnerships with Private limited companies and Micro Finance Companies (MFIs). NGOs are considered to be the most common micro-lenders after MFIs and private limited companies.