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MICRO FINANCE

Small Loans from Rs. 2,000 to Rs. 35,000 to people in the Economically Weaker Section (EWS) and Low Income Group (LIG) categories.

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Equitas Micro Finance was the forerunner in the MFI industry with
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Our Very First Loan Rate
 
Even when the MFI industry was operating with an interest rate between 35 – 40%
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First MFI
 
First to publish real interest rates on our client’s passbooks
(Source: Chuck Waterfield, CEO, mfTransparency.org)
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No Inefficieny
 
Committed to highest level of efficiency in our operations

INTEREST RATE

Loan Ticket Size Interest Rate
Less than or equal to ₹25000 24%
Greater than ₹25000 23%

PROCESSING FEE

Loan Ticket Size Processing Fee
Less than or equal to ₹25000 0%
Greater than ₹25000 1% + G.S.T

LOAN OPTIONS

Income Generating Loan – Cycle Loan Amount (₹)
1st Cycle ₹30000
2nd Cycle ₹35000
3rd Cycle ₹40000
4th Cycle & Above ₹50000

 

Other Loans Loan Amount*
Additional Income Generating Loan ₹5000, ₹10000
Vishvaas Loan ₹5000, ₹10000

*Subject to meeting eligibility criteria.