Micro Group Loans
You are a part of a community. You and your neighbors have dreams. You want to start a business, invest in your education, or cover unexpected expenses. But you don't have access to traditional loans. Micro group loans can help.
Group Loans
These are loans given at moderate interest rates, based on the nature and purpose of your needs, you can pick a suitable option from the following products:
Features
Nil for loans up to INR 25,000.1.2% (+GST) or INR 1,100 (+GST) whichever is lower for loans above INR 25,000
Interest rate ranging from 23.00% to 23.75% p.a
Loan amount: ₹5,000 - ₹1,00,000.
Tenure: 6 to 36 months
Effective date from 31st May, 2024
Features
Nil for loans up to INR 25,000.1.2% (+GST) or INR 1,100 (+GST) whichever is lower for loans above INR 25,000
Interest rate ranging from 23.00% to 23.75% p.a
Loan amount: ₹5,000 - ₹1,00,000.
Tenure: 6 to 36 months
Effective date from 31st May, 2024
GECL (ECLGS)
Product Offering
PM SVANidhi 1st
PM SVANidhi 2nd
Fuel your dreams with accessible funding through our micro loans.
Apply Now