Product


Lighting the lives of the low-income households..

Income Generation Loans

Purpose

The Income Generating Loan is used for a variety of activities that generate income for their families, which enhances lifestyle of the clients. This helps them clients to expand their current business or to start a new business.

INCOME GENERATION LOANS
Purpose
The Income Generating Loan is used for a variety of activities that generate income for their families, which enhances lifestyle of the clients. This helps them clients to expand their current business or to start a new business.
Type of loan
Product A
Product B
Product C
Product D
Product E

Eligible Criteria

Customer availing Loan for the first time

Customer who repays the loan on-time and with long term relationship and customer availing loan for first time

Customer who repays the loan on-time and with long term relationship and customer availing loan for first time.

Customer who repays the loan on-time and with long term relationship.

Customer who repays the loan on-time and with long term relationship.

Loan term

12/18 months

18/24 months

24 months

24 months

24 months

Repayment Frequency

Weekly, Fortnightly and Monthly

Weekly, Fortnightly and Monthly

Weekly, Fortnightly and Monthly

Weekly, Fortnightly and Monthly

Weekly, Fortnightly and Monthly

Loan size (Amount in Rs.)

Rs. 25,000

Rs. 30,000

Rs. 35,000

Rs. 40,000

Rs. 45,000

Customer Insurance

Rs. 147

Rs. 322

Rs. 375

Rs. 429

Rs. 482

Guarantor Insurance

Rs. 147

Rs. 322

Rs. 375

Rs. 429

Rs. 482

Processing Fees

Rs. 250

Rs. 300

Rs. 350

Rs. 400

Rs. 450

Service tax on processing Fees

Rs. 45

Rs. 54

Rs. 63

Rs. 72

Rs. 81

Family welfare loans

Purpose

These loans are given to the clients to enhance the quality of lifestyle of the customers. This is used to fulfill the basic home consumption needs of our customers.

PRODUCTS
Type of loan Home Appliances

Eligible Criteria

Customer of Existing group loan

Loan term

6 months

Repayment Frequency

Weekly, Fortnightly and Monthly

Loan size (Amount in Rs.)

Rs. 4000

Loan processing fees

1% of loan amount + 18% service tax on service charge