Name of product |
Maximum loan |
Repayment period |
Rate of interest Flat / reducing balance (%) |
Fees / charges |
IGL –Monthly (SHGs & JLGs) |
Rs.20,000-50,000 |
Monthly (12,18,24 Month) |
26% reducing |
Loan Amount 1% Service Charge+GST & Insurance Pramerica Life Insurance – 7.10 per Thousand |
IGL –Monthly (SHGs & JLGs) |
Rs.15,000-45,000 |
Monthly (12,18,24 Month) |
24% reducing |
Loan Amount >26,000/- 1% Service Charge + GST & Insurance Pramerica Life Insurance – 7.10 per Thousand |
IGL –Monthly (JLGs) |
Rs.20,000-50,000 |
Monthly (12,18,24 Month) |
26% reducing |
1% Service Charge + GST & Insurance Pramerica Life Insurance – 7.10 Per thousand |
IGL –Monthly (JLGs) |
Rs.20,000-50,000 |
Monthly (12,18,24 Month) |
26% reducing |
1% Service Charge + GST & Insurance |