Purpose
Income Generation Loan supports business enterprises and income enhancement activities of the clients like purchasing fixed assets to installing additional machinery etc. These loans also meet the additional working capital requirements of the client’s businesses
Loan Amount
- Clients can avail loans up to Rs. 80,000/-.
Rate of Interest
- Income Generation Loans 19.35% per annum on declining balances
Tenure
- Minimum 52 weeks to Maximum of 104 weeks depending on the loan amount.
