S. |
Loan Product |
Repayment Frequency |
Amount of Loan |
Tenure |
Grace Period |
No. of Installment to be paid by Borrower |
Rate of Interest |
Processing Fees |
Insurance Premium and Coverage |
1. |
Income Generating Loans |
Weekly |
Min. INR2,000, Max. INR15,000 |
52 Weeks |
2 weeks in the beginning |
50 |
23.94% p.a. on weekly reducing balance |
1% of the loan amount |
Rs.5/life/
|
2. |
Income Generating Loans |
Fortnightly |
Min. INR2,000, Max. INR15,000 |
26 Fortnights |
3 weeks in the beginning |
25 |
24.18% p.a. on fortnightly reducing balance |
1% of the loan amount |
Rs.5/life/
|
3. |
Income Generating Loans |
Monthly |
Min. INR2,000, Max. INR15,000 |
12 Months |
1 month in the beginning |
13 |
24.52% p.a. on monthly reducing balance |
1% of the loan amount |
Rs.5/life/
|