Family Welfare Loans

Purpose

Family Welfare Loan supports all those activities of our clients to improve their quality of life and they include loans for fulfilling genuine consumption needs, such as purchasing cook stoves, LPG connections, bycycles, water purifiers and solar lights, meet education requirements of our clients’ children, to cover medical expenses and to cater specific needs that arise during festivals.

 

Loan Amount

  • Clients can avail loans ranging from Rs. 1,000/- up to Rs. 15,000/- under Family Welfare loans depending upon the purpose.

Rate of interest

  • 18% per annum on declining balance.

 

Tenure

  • Minimum 24 weeks to Maximum of 52 weeks depending on the loan amount.