The Suvidha Shakti Loan is proposed to be offered to members of JLG loan customers. It is proposed to offer new, scalable, sustainable, client centric Products to meet the critical client needs through Suvidha Shakti Loan Program in view of the following.
The Suvidha Shakti Loan is offered to the segment as under,
Loan amount range from Rs.10,000 to Rs.1,00,000 and are offered with a tenures ranging from 1 year to 3 years. Instalments for these loans are to be paid on a weekly / fortnightly basis.
|Product Name||Loan Amount||Tenure||Repayment
|Time Period of
|Water Connection Loan||10K to 50K||1-3 Years||Weekly||1%+ Service Tax
|Up to 90 Days|
|Sanitation||15K to 50K||1-3 Years||Weekly||Up to 90 Days|
|Water & Sanitation||25K to 50K||1-3 Years||Weekly||Up to 120 Days|
|Renovation/Repair Extension/Productive housing||25K to 50K||1-3 Years||Weekly||Up to 120 Days|