PRODUCTS
Chetana
This
loan is designed especially for empower to women in setting up and
expanding income generating activities, smoothen household cash flows
and acquire productive assets. A hassle free monthly repayment option
ensures that clients can save from their daily cash-flows and do not
face repayment stress. The loan size is up to 80,000 with tenure of 2
Years. The interest rate of this product is 25%
This loan empowers individuals to set up and expand their income-generating activities, as well as to smooth out household cash flows and acquire productive assets. With a hassle-free monthly repayment option, borrowers can expand their businesses without experiencing repayment stress.
The loan size is up to 80,000 with tenure of 1 to 2 Years. The interest rate of this product is 26%. The processing fees is 1%, excluding GST.
Unnati (Interim Loan)
This
loan aims to provide the borrowers an opportunity to come out of the
overdue and provide some financial assistance to support their
livelihood. The loan
size is up to 22,500 with tenure of 12 months for loan amount upto
10,000 and 18 months for loan amount more than 10,000. The interest
rate of this product is 25%
Unnati Loan product is to assist our borrowers who are struggling to meet short-term liquidity requirements. These are top up (interim) loans given to existing standard borrowers to meet their working capital needs, business expansion, or any other emergency needs. This loan is offered to an individual with monthly repayment option. The loan amount is up to 30,000 with loan tenure options of 1 year to 1.5 years. The interest rate of this product is 26%. The processing fees is 1%, excluding GST.
Loan Against Property (LAP)
This
loan aims to provide the borrowers an opportunity to come out of the
overdue and provide some financial assistance to support their
livelihood. The loan
size is up to 22,500 with tenure of 12 months for loan amount upto
10,000 and 18 months for loan amount more than 10,000. The interest
rate of this product is 25%
Loan Against Property (LAP) includes those loans which are given with the property as the primary collateral. This loan is granted against the mortgage of residential and commercial properties to self-employed and salaried individuals.
This loan is offered with monthly repayment option. Loan amount is 2 lakh to 15 lakh with tenure options of 1year to 10 years.
The interest rate of this product is in the range of 18% to 25%. The processing fees is 2%, excluding GST.