Business Loan
Business Loan is the same as model of BC but is provided to people with individual business such as grocery shops, small hotels, etc. Such loans are provided in rural and semi-rural areas to the people with entrepreneurship mentality. These loans after sanctioning are collected back in monthly/weekly terms depending upon the customer's ability to pay. BL is provided only to members who have a strong repayment record. Customers who have completed 5 cycles of payment in BC are preferred the most rather than a new customer. In the case of a new customer, he should satisfy the terms and conditions of the BL.
S.No | Loan Size | Number of Weeks |
1 | 30,000 | 52 |
2 | 40,000 | 52 |
3 | 50,000 | 52 |