Micro Business Education (MBE) loan provided Certified members who successfully pass our MBE courses.
CAL1 – 12,000 CAL2 – 15,000
Business Development Loan (BDL)
Working capital loan to fund additional investments for the micro-enterprise.
^^Maximum loan amount per member
** Rate of Interest is charged per annum and on diminishing balance
* Exclusive of GST. Processing fee is 1.18% including GST. For Kerala, with flood cess of 1% on processing fee, total processing fee is 1.19%.
^ 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 20.60% 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.
#634, Karumuttu Centre
6th Floor, Anna Salai Nandanam
Chennai – 600035