Microfinance Loans

Microfinance Loans

This loan is provided to woman entrepreneurs having lawful income generating activities backed by Group guarantee in JLG model of lending and given for various business needs such as working capital requirement , expansion of business , repayment of high cost debt etc.

Features 

Loan range 

Rs.20,000 – Rs.35,000

Interest rate (Reducing balance)     

26% p.a.

Repayment tenure   

52 / 104 weeks

Processing fees:     

1% of loan amount (exclusive of taxes)

Insurance premium   

Rs.6 per Rs.1000 Loan amount per person per year (Inclusive of taxes)

Company

Group Companies

Services