Abhilasha (JLG Loans)
Abhilasha stands for “Aspiration”. This unique loan is designed especially for low-income households who aspire to improve their financial well-being.
The primary objective of this loan is to empower women in setting up and expanding income generating activities, smoothen household cash flows and acquire productive assets. A hassle free Weekly/Bi-Weekly/Monthly repayment option ensures that clients can save from their daily cash-flows and do not face repayment stress.
The loan size is up to 65,000 with tenure of 1 to 3 Years.
The interest rate of this product is 24% with 1% upfront processing fee exclusive of GST.