Products and Services

In accordance with the RBI Press Release, the rate of interest for quarter Jul-Sep, 2019 shall be charged at 25.24% per annum on reducing basis.

S. No Loan Amount Tenure Repayment Cycle Rate of Interest Annual Loan Processing Fee (LPF) Insurance Premium (Client + Gurantor)
1 Rs. 15,000/- to Rs. 20,000/- 1 year Bi-Weekly 26% reducing per annum 1% of Loan Amount 1.088% of Loan Amount
2 Rs. 25,000/- to Rs. 30,000/- 1.5 year Bi-Weekly 26% reducing per annum 1% of Loan Amount 1.652% of Loan Amount
3 Rs. 35,000/- to Rs. 40,000/- 2 year Bi-Weekly 26% reducing per annum 1% of Loan Amount 2.173% of Loan Amount