- Purpose: For businesses with small capital
- Maximum investment limit: 3,00,000 / –
- Duration: Maximum 2 years
- Interest rate: The interest rate will be as mentioned in the list
- Share / Savings: Minimum 10-10 percent
- Bail: Minimum 2 members (20 percent savings guarantee of investment amount)
- Fees:
– Loan Form Fees: Rs.100 per investment up to 2 lakhs and above only Rs.250 per 5 lakhs.
-Service charge: 1 percent
– Debt insurance fee: 1 percent
– SMS Fee: Only Rs.250 per annum.
- Facilities: Credit insurance