Creating Resilient, Viable Credit Mechanisms

Our Products

Our products aim to create financial security and development in the rural economies through Self Help Group Lending at the lowest possible interest rates.

Activity Term Loan

Group Loans

Entry Level loan (ELL)
₹33,00020/24/30 Months

Activity Term Loan (ATL)
6 Levels
₹40,000 to ₹65,00024/30 Months

Individual Loans

Individual Loans

Certified Activity Term Loan (CAL)
2 Levels
₹12,000 to ₹15,000 20 Months

Business Development Loan (BDL)
Working Capital Loan
₹15,00020/24 Months

Loan TypeProductDescriptionAmount^^Rate of Interest**Processing
Charges*
Tenure^
Group LoansEntry Level Loan (ELL)New members start with ELL33,00021.451.1822/24/30
Activity Term Loan (ATL)Higher value loan amount once member’s credit history is established.ATL1 – 40,000
ATL 2 – 45,000
ATL 3 – 50,000
ATL 4 – 55,000
ATL 5 – 60,000
ATL 6 – 65,000
24/30
Individual LoansCertified Activity Term Loan (CAL)Micro Business Education (MBE) loan provided Certified members who successfully pass our MBE courses.CAL1 – 12,000
CAL2 – 15,000
20
Business Development Loan (BDL)Working capital loan to fund additional investments for the micro-enterprise.15,00020/24

^^Maximum loan amount per member
** Rate of Interest is charged per annum and on diminishing balance
* Inclusive of GST
^ Tenure in months
Loan amount, Rate of Interest and Tenure may change based on the Management Decision/RBI and MFIN Guidelines

  • Rate of Interest per annum is 21.45% and will be charged on diminishing balance.
  • Processing charges of 1.18% are inclusive of GST
  • Mentioned loan amount is the maximum loan amount per member of an SHG
  • Loan amount, Rate of Interest and Tenure may change based on the Management Decision/RBI and MFIN Guidelines.