• Average Monthly Balance

    Low
    Interest 20%

  • Average Monthly Balance

    Loan Amount
    Rs.10,000 to Rs.1,00,000

  • Average Monthly Balance

    Timely
    Processing

  • Average Monthly Balance

    Loan Tenure
    (1 Year, 2 Year and 3 Year)


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.

  • Poor people on an average pay 5-10 times more for water as compared to others. The wash improvements reduce these cost burdens allowing existing household revenues to cover the cost of loan repayment.
  • Reduction in time spent by clients searching for water or suffering from hygiene-related illness, enabling them to spend more time on productive activities viz-income generation and education.
  • Helping the customers in realizing social mission and thereby contributes to improving the living standards.

The Suvidha Shakti Loan is offered to the segment as under,

  • Credit for having access to safe and drinkable water solution.
  • Credit to build sanitation and sanitation related infrastructure at the household.
  • Credit for doing micro construction viz. Renovation, extension, repairing, construction of Productive housing.

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
Frequency
Processing
Fees
Time Period of
completion
Water Connection Loan 10K to 50K 1-3 Years Weekly 1%+ Service Tax
(Rs.25000 above)
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