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
4 Above Rs.5,00,000 - Rs.7,00,000 8 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 13.75% Weekly
Fortnightly
Monthly		 Collateral based for Group Members
2 Above Rs.1,00,000 - Rs.3,00,000 3 13.75% Weekly
Fortnightly
Monthly		 Collateral based for Group Members
3 Above Rs.3,00,000 - Rs.5,00,000 5 13.75% Weekly
Fortnightly
Monthly		 Collateral based for Group Members
4 Above Rs.5,00,000 - Rs.7,00,000 8 13.75% 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 13.75% Weekly
Fortnightly
Monthly		 Collateral based
2 Above Rs.1,00,000 - Rs.3,00,000 3 13.75% Weekly
Fortnightly
Monthly		 Collateral based
3 Above Rs.3,00,000 - Rs.5,00,000 5 13.75% Weekly
Fortnightly
Monthly		 Collateral based
4 Above Rs.5,00,000 - Rs.7,00,000 8 13.75% Weekly
Fortnightly
Monthly		 Collateral based
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
4 Above Rs.5,00,000 - Rs.7,00,000 8 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 15% 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 15% 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 15% Monthly Collateral based
2 Upto Rs.5,00,000 5 15% Monthly Collateral based