Sustainability and Prosperity through Economic Empowerment

LOAN PRODUCTS

1. Non-Collateral Based Loan

    • General Loan

It is the main type of loan which is available for all the type of business. In this loan, maximum amount will be 3 lakh and the time duration will be 2 years.

    • Seasonal Loan

For the seasonal business of the member, seasonal loan is provided. In this type of loan maximum amount will be 40 thousand and the time duration will be 1 year. The member can take this loan 3 time in a year.

    • Emergency Loan

While in emergency of the member like medical, social welfare programme and other emergency work, emergency loan is provided. In this type of loan member can get maximum amount Rs. 5000/- for the 6 month in their center meeting.

    • Special Loan

This loan is provided to the member who is continuously doing the loan transaction for the 5 year remaining in the center. In this loan, the maximum amount will be 10 thousand for a year time duration.

    • Micro-enterprise Loan

After using the first general loan, the members who have the abilities to expand their business, while be figure out by the organization and as the request of the member the loan is disperse. And the loan maximum amount will be 5 lakh and time duration will be of 3 year.

    • Motherhood Loan

For the safe motherhood facilities and care of female diseases of member and her family this loan is provided. The maximum amount will be 40 thousands and according to the situation the maximum time duration will be 2 year.

    • Business Restoration Loan

For those Members who suffers loss in business from different circumstances this loan is provided. The maximum amount will be 40 thousands and according to the situation the maximum time duration will be 1 year.

2. Collateral Based Loan

    • Collateral Loan

This loan is provided by keeping the land document of the member. The maximum amount will be 15 lakh and time duration will be of 15 year.

    • Housing Loan

This loan is provided for house making by keeping the land/ any collateral document of the member. The maximum amount will be 15 lakh and time duration will be of 15 year. 

    • Individual Loan

This loan is provided for Non Member by keeping the land/ any collateral document of the Non-member. The maximum amount will be 15 lakh and time duration will be of 15 year.

 

S.N Loan Type Loan Amount Repayment Time Interest Rate
(Maximum)
1 General Loan 3,00,000/- 2 year 15%  based on the type and nature of loan
2 Seasonal Loan 40,000/- 6 month or 1 year
3 Emergency Loan 5,000/- 1 year
4 Special Loan 10,000/- 1 year
5 Micro-Entrepreneurial Loan 5,00,000/- 3 years
6 Motherhood Loan 40,000/- 1 year
7 Business Restoration Loan 40,000/- 1 year
8 Collateral Loan 15,00,000/- 15 years
9 Housing Loan 15,00,000/- 15 years
10 Individual Loan 15,00,000/- 15 years