Income Generation Loan
Joint Liability Group
Income Generation Loan
₹10,000 - ₹1,00,000
Age – 21 years to 58 years
Annual Household Income - less than ₹3,00,000
FOIR - less than 50%
Current Rate of Interest - 26.50% p.a.
Minimum – 26.50% p.a.
Maximum – 26.50% p.a.
Average Rate of Interest in the last Quarter - 26.50% p.a.*
Processing Fee – 1.50% + Applicable Tax
Weekly/fortnightly/monthly
12 months to 24 months
- All interest rates are calculated on a reducing balance basis per annum.
- Effective Date: October 18, 2023,
- The interest rate applicable for a customer shall be dependent on their geography, loan product, vintage with Srifin Credit Private Limited & risk profile of customer.
- *Average interest rate is displayed for Q3FY25.