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1 Eligible Borrowers

Small Vendors who are having regular daily income- (eg: fruit and vegetable vendors, barber shops, ice cream parlours, tailors, etc- who have daily income

2 Maximum amount of Loan Rs.50,000/-

3 Minimum Amount of Loan Rs.5,000/-

4 Rate of Interest : Click to View the Latest Rate

5 Repayment: 300 days (10 months) – repayment stipulation – monthly EMI—but daily remittance of installment should be insisted

6 Security No security or surety is needed

7 Other Conditions

 i) The vendor should be properly identified.
ii) KYC rules should be followed.
iii) The borrower should have a SB account.

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