Micro Business Loan
Year Maximum Loan Amount Loan Term (in years) Interest Rate on Declining Balance Repayment Frequency Remarks
1 Upto Rs.1,00,000 2 15% Weekly
Fortnightly
Monthly
For Group based Members
2 Above Rs.1,00,000 - Rs.3,00,000 3 15% Weekly
Fortnightly
Monthly
For Group based Members
3 Above Rs.3,00,000 - Rs.5,00,000 5 15% Weekly
Fortnightly
Monthly
For Group based Members
Micro Enterprise Loan (A)
Year Loan Amount Loan Term (in years) Interest Rate on Declining Balance Repayment Frequency Remarks
1 Upto Rs.1,00,000 2 14.50% Weekly
Fortnightly
Monthly
Collateral based for Group Members
2 Above Rs.1,00,000 - Rs.3,00,000 3 14.50% Weekly
Fortnightly
Monthly
Collateral based for Group Members
3 Above Rs.3,00,000 - Rs.5,00,000 5 14.50% Weekly
Fortnightly
Monthly
Collateral based for Group Members
4 Above Rs.5,00,000 - Rs.10,00,000 8 14.50% Weekly
Fortnightly
Monthly
Collateral based for Group Members
5 Above Rs.10,00,000 - Rs.15,00,000 10 14.50% Weekly
Fortnightly
Monthly
Collateral based for Group Members
Micro Enterprise Loan (B)
Year Loan Amount Loan Term (in years) Interest Rate on Declining Balance Repayment Frequency Remarks
1 Upto Rs.1,00,000 2 14.50% Weekly
Fortnightly
Monthly
Collateral based
2 Above Rs.1,00,000 - Rs.3,00,000 3 14.50% Weekly
Fortnightly
Monthly
Collateral based
3 Above Rs.3,00,000 - Rs.5,00,000 5 14.50% Weekly
Fortnightly
Monthly
Collateral based
4 Above Rs.5,00,000 - Rs.10,00,000 8 14.50% Weekly
Fortnightly
Monthly
Collateral based
5 Above Rs.10,00,000 - Rs.15,00,000 10 14.50% Weekly
Fortnightly
Monthly
Collateral based for Group Members
Emergency/Seasonal Loan
Year Loan Amount Loan Term (in years) Interest Rate on Declining Balance Repayment Frequency Remarks
1 Upto Rs.1,00,000 2 15% Weekly
Fortnightly
Monthly
For Group based Members
2 Above Rs.1,00,000 - Rs.3,00,000 3 15% Weekly
Fortnightly
Monthly
For Group based Members
3 Above Rs.3,00,000 - Rs.5,00,000 5 15% Weekly
Fortnightly
Monthly
For Group based Members
Special Loan
Year Maximum Loan Amount Loan Term (in years) Interest Rate on Declining Balance Repayment Frequency Remarks
1 Upto Rs.5,00,000 2 15% Weekly
Fortnightly
Monthly
Procedure & Loan Volume is similar to the Micro Business Loan
Renewable Energy Loan
Year Maximum Loan Amount Loan Term (in years) Interest Rate on Declining Balance Repayment Frequency Remarks
1 Upto Rs.2,00,000 1 15% Weekly
Fortnightly
Monthly
For Group Members
2 Upto Rs.2,00,000 2 14.50% Monthly Individual & Collateral based
Foreign Employment Loan (for Individual)
Year Maximum Loan Amount Loan Term (in years) Interest Rate on Declining Balance Repayment Frequency Remarks
1 Upto Rs.1,50,000 3 14.50% Monthly
Quarterly
Collateral based
Housing Loan (for Group Members)
Year Maximum Loan Amount Loan Term (in years) Interest Rate on Declining Balance Repayment Frequency Remarks
1 Upto Rs.5,00,000 5 15% Weekly
Fortnightly
Monthly
Procedure & Loan Volume is similar to the Micro Business Loan
Housing Loan (for Group Members-Collateral based)
Year Maximum Loan Amount Loan Term (in years) Interest Rate on Declining Balance Repayment Frequency Remarks
1 Upto Rs.3,00,000 3 14.50% Monthly Collateral based
2 Upto Rs.5,00,000 5 14.50% Monthly Collateral based