Business Loan(Gramin Shakthi Loans)

Gramin Shakthi Loans (GSL) are given to individuals who are engaged in small scale business, but are currently dependent on informal sources of funding. This business loan shall enable them to commence new business activity and to increase the scale of existing business, thus improving their return from business. Gramin Shakthi Loan (GSL) is customized to meet the applicant’s financial needs, which can improve the bottom line of their business.

Features

• Loan eligibility is calculated based on the customer’s credit score
• Minimum documentation
• Customer can avail fixed amount, based on activity and level of business
• Customer can repay the principal and interest amount on weekly basis as EWI
• Weekly instalments are collected from the customer’s door step