These Loans are given exclusively to
- Business Development- meeting with the working capital requirements, increasing the scale of business.
- Purchase of livestock- practicing animal husbandry, dairy business, etc.
- Purchase of stock/raw materials for business activity.
- Completion of under construction house/ renovation.
- Margin money towards purchase of any asset (provided applicant has balance money available with him).
- Repayment of expensive loans.
By providing this loan we ensure that we help women to expand their existing income generating activities, smoothening household cash flows and for acquiring productive assets. A hassle free Monthly repayment structure makes it easy for our borrowers to clear the loan without any stress.
The loan amount is up to 1,50,000 with tenure of 1 to 3 years.
The interest rate of this product is 24% with 2% upfront processing fee exclusive of GST.