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Utkarsh Pragati (Income Generation Loan)

Loan Amount: 1st Cycle: Rs. 6,000, Rs 8,000 , Rs. 10,000 , Rs. 12,000 & Rs. 15,000;
2nd & Subsequent Cycles: Rs. 6,000, Rs 8,000, Rs. 10,000, Rs 12,000 & Rs. 15,000;
   
Tenure: 58 Weeks/ 29 Fortnights /12 Months
   
Annualized Interest rate: 25.94 % per annum
   
Upfront Processing Fee: 1% of the Loan amount
This fee is collected separately in cash at the time of disbursement


Insurance

Insurance amount 1% of loan amount
   
Tenure Loan Duration
   
Coverage Client & the Guarantor