There is a tough competition running among the countries of the world in current days to ensure their secure placing as accomplished economy. Unfortunately, in most developing countries, a significant portion of middle-income or underprivileged mass of people are still excluded from receiving the facilities available in financial institutes, such as, loans, provisions of investments and securities, etc. India, too, despite being a promising rising economy consists of several flaws in banking system to safeguard the poor and underdeveloped communities, particularly, in the rural areas. Under such condition, micro-finance institutes play a vital role to provide easy loaning facilities and many other financial guaranties, such as, repayment relaxations, reduced interests, etc. that are particularly beneficial for the poor.