- Purpose : Income Generation
- Loan Amount:
- 10000-50000- in first cycle.
- 51000-150000- in 2nd,3rd,4th,5th cycle
- Rate of Interest : 22%
- Loan Processing Fee : 1% of loan amount.+18% GST
- Panel interest 1% on overdue installment amount
- Loan Insurance Premium (client + spouse) as per insurance company’s rate.
- Credit Inquiry Fee as per company’s rate.
- Security : NIL
- Membership Fee : NIL
- Repayment Period : 16 months and 24 months (As per borrowers choice)