Loan amount from 50,000 to 10,00,000
Rate of Interest is 18% p.a.
Tenor up to 20 years
- Borrower should be more than 18 years of age at the time of taking the loan and not more than 60 years at the time of loan maturity
- Guarantors required
- Credit assessment is based on both, documented as well as non-documented Incomes.
- Collaterals being accepted as security can have an informal tenure, formal tenure or progressive tenure on land rights.
- Loans may be taken for few of the following purpose:
- Extension (Incremental upgrade)
- Improvement & Renovation.