BRANCHES :96
ACTIVE BORROWERS :1,44,719

LOAN OUTSTANDING :Rs. 77.78 Cr.(US $ 15.71 million)
LOAN DISBURSEMENT :Rs. 627.99 Cr.( US $ 126.91 million)
 
Products
Presently we are offering our customers two loan products.

General Criteria:
  • Only women borrowers are eligible.
  • The borrowers must be a member of a JLG
  • The loan will be used for any Income Generating Activity only.
  • Household Annual Income of the borrowers will not exceed Rs.60,000/- in rural areas and it will not exceed Rs.1,20,000/- in non-rural areas
  • Total indebtedness of the borrower does not exceed Rs.50,000/-
  • There are no penalty for delayed payment
  • The borrowers have the right to pre-close the loan without penalty.
Types of Loan PRAGATI

SAMRIDDHI
Age limit 18-55 years 18-55 years
Loan Tenure 12 months 24 months
Rate of Interest 23.6 % p.a. 23 % p.a.
Loan Size (Rs.) 4,000- 15,000 16,000-50,000
Guarantor Group Members Group Members
Processing fees
 1.1% of Loan (Inclusive of Service Tax) 1.1% of Loan (Inclusive of Service Tax)
Insurance Premium
(Paid to Insurance Co.)
 1% of Loan 2% of Loan
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