Income Generation Loan (Abhilasha)

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abhilsha

Income Generation Loan (Abhilasha)

Abhilasha stands for “Aspiration”. This unique loan is designed especially for low-income households who aspire to improve their financial well-being.

The primary objective of this loan is to empower women in setting up and expanding income generating activities, smoothen household cash flows and acquire productive assets. A hassle free Bi Weekly repayment option ensures that clients can save from their daily cash-flows and do not face repayment stress.

The loan size ranges from Rs 5,000 to Rs 40,000 with tenure of 26 – 104 Weeks.

The interest rate of this product is 25.71% with 1% upfront processing fee.

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