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.
Equitas Micro Finance was the forerunner in the MFI industry with
Our Very First Loan Rate
Even when the MFI industry was operating with an interest rate between 35 – 40%
First MFI
First to publish real interest rates on our client’s passbooks
(Source: Chuck Waterfield, CEO, mfTransparency.org)
No Inefficieny
Committed to highest level of efficiency in our operations
| Loan Ticket Size | Interest Rate | ||
| Less than or equal to ₹25000 | 24% | ||
| Greater than ₹25000 | 23% | ||
| Loan Ticket Size | Processing Fee | |
| Less than or equal to ₹25000 | 0% | |
| Greater than ₹25000 | 1% + G.S.T | |
| 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.
