Women Empowerment Group Loan
The objective of introduction of women empowerment group loan is to provide financial facilities to working women for income generating activities at their doorstep. By availing the financial facilities, the women shall be able to increase their household income, amongst other thing.
Specifications of this product is given below.
Purpose of loan
- Purchase of Goat Sheep or Calves
- Any Other Livestock related activities
|Lending mode||Group Based Lending|
|Repayment option||Lump sum i.e. bullet|
|Interest rate||As per applicable Schedule of Charges.|
As per applicable Schedule of Charges.
|Collateral/Security||Social Collateral i.e. Group Guarantee|
|Credit Life Insurance|