Loan Variants

 

MCL/IGL

• Tenure - Up to 2 Years
• Interest Rate - 21.95%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

EDL

• Tenure - Up to 4 Years
• Interest Rate - 18.60%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

EDL/MSME Term Loan

• Tenure - Up to 10 Years
• Interest Rate - 14.17%-24.16%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Micro Business Loan

• Tenure - <3 Years
• Interest Rate -19.95% - 21.95%
• Loan Amount - 0 to > 50,000
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Unnati Business Loan
Loan for micro business with minimum documentation

• Tenure -12-36 Months
• Interest Rate - 21.95%
• Loan Amount - 20,000 to 49,999
• Monthly Online repayment
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Unnati Plus Business Loan
Loan for micro business with minimum documentation

• Tenure -12-60 Months
• Interest Rate - 20.95%
• Loan Amount - 50,000 to 2 Lacs
• Monthly Online repayment
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Home Improvement Loan

• Tenure -Up to 5 years
• Interest Rate - 13%
• Loan Amount  - Up to 5 Lacs
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

DGSET

• Tenure - Up to 3 Years
• Interest Rate - 12.50% - 13.00%

NBFC-MFI

• Tenure -Up to 3 Years
• Interest Rate  - 13%-14%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

MLAMP

• Tenure -Up to 5 Years
• Interest Rate  - 15%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

SKILL DEVELOPMENT LOAN

• Tenure -Up to 2 Years
• Interest Rate - 17%

Agri- Piggery,Polutry etc

• Tenure -Up to 5 Years
• Interest Rate - 16%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Agri- Cash Credit

• Tenure -Up to 1 Years
• Interest Rate - 19%

Agri- Fish Fingerling

• Tenure -Up to 1 Years
• Interest Rate - 19%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Loan against Rent Receivables

• Tenure -Up to 7 Years
• Interest Rate - 14%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Personal Loan

• Tenure -Up to 5 Years
• Interest Rate - 22% - 33%
• Penalty Charges: One-time penal charge on the first overdue day for each EMI: ₹500 or 30% of EMI due (whichever is lower)

NRLM/SHG

• Tenure -Up to 2 Years
• Interest Rate - 12%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

CC - Working Capital

• Tenure - 1 Years
• Interest Rate - 12.5% - 15%

Home Loan

• Tenure - 20 Years
• Interest Rate - 9.50% - 10.50% based on CIBIL
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Meghalaya Milk Mission Term Loan

• Tenure - 3 to 5 Years
• Interest Rate - 15%

LIFCOM

• Tenure - 12 to 60 Months
• Interest Rate - 15%
• Loan Amount  - 1 Lakhs to 50 Lakhs
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Mushroom Term Loan

• Interest Rate - 18%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Agri TL Horticulture

• Tenure - 12 to 48 Months
• Interest Rate - 17%

Joint liability group

• Interest Rate - 20.00% - 23.00%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

KCC fishery

• Interest Rate - 12.00%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Micro Enterprise

• Interest Rate - 21.00% - 23.0%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000

Staff loan

• Interest Rate - 7.50% - 9.50%
• Late Payment Charge: 2% annually on the overdue amount  Upon default, one-time charge of 2.5% on the unpaid EMI amount, capped at ₹1000