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Micro Credit

Micro Credit

 

Sl no.

Name of product

Maximum loan (Rs)

Repayment period

Rate of interest(pa) Reducing %

Other fees/charges

01.

General Loan

30,000

1 year

26

1% processing fees and 1% Insurance fee as per IRDA

02.

SME Loan

50,000

2 years

26

1% processing fees and 1% Insurance fee as per IRDA

03.

Solar Loan(VLE)

100000

2 year

24

Nil

04.

House Repairing Loan

10000

2 year

26

1% Insurance fee as per IRDA