MicroFinance Loan



  • This loan is provided to finance in any income generating activities of the members.
  • The interest rate is 18 percent.
  • The duration of the loan is two years( maximum)
  • The upper ceiling of the loan Rs.3,00,000.00 (Three lakhs).
  • This loan is intended to finance in different agricultural enterprises like cereal crop , cash crop , vegetable cultivation, Livestock and poultry raising and for Horticultural crops.
  • The interest rate is 18 percent.
  • The duration of the loan is one year .
  • The upper ceiling of this types of loan 150000.00( One lakh and fifty Thousands ).
  • This loan is provided to install solar power , Bio gas plant and other renewable energy projects .
  • The interest rate is 18 percent.
  • The duration of the loan is two years (Maximum).
  • The upper ceiling of the loan is 200000.00 (Two lakhs).
  • This loan is provided in case of emergency. It may be accidental case, emergency fall in sick or other instances.
  • The interest rate is 18 percent.
  • The duration of the loan is one year.
  • The upper ceiling of the loan is 15,000.00 (Fifteen Thousands) only.
  • The rural people, male or female, who doesn't want to be in a group but needs credit to start small enterprises individually can take part in this type of loan program.
  • Physical collateral like land, building is a MUST to take this type of loan.
  • The upper ceiling of this type of loan is Ten lakhs.
  • The interest rate is 17-18 percent.
  • The duration of the loan is Five years.
  • This loan is provided to the members whose family members want to fly in foreign countries to have foreign employment.
  • The upper ceiling of the loan is 1,50,000.00 (One lakh and Fifty Thousands).
  • This is also a collateral based loan.
  • The interest rate is 18 percent.
  • The duration of the loan is maximum three years.