Income Generation Loan


Income Generation Loan (IGL)

KSR Offers Joint Liability Group (JLG) funding model which enables a group of individuals and self-employed to take loans for the purpose of income generation. this product engage in a similar type of activity in agriculture, allied, non-farm sector. It’ a contribution towards the Indian Government’s Aatma Nirbhar Bharat which also drive our country’s economic growth. By this model company aims to add a social activity by fund offering to needed through technology into Micro Finance Sector and ensure meets the credit needs of the poor.
These loans are usually available for a short duration at lower interest rates.
Loan Amount: Rs. 20,000 – Rs. 50,000
Loan Term: 1-2 Years
Interest Rate (p.a.): 28% – 30%
Processing Fee: 1 -2% +18% GST
Repayment Frequency: Monthly