Micro Enterprises Loan

S.no.	Micro Enterprises Loan (सूक्ष्म उद्यम ऋण )	No. of Installments (किस्त संख्या )	Loan Amount (Rs.) (ऋण राशि)	Interest Rate (कुल ब्याज %)	Processing Fee	GST Amount for Processing Fee
1	PRERNA ( प्रेरणा )	52	10000	27.99	2% of loan amount	18% of processing fees
2	UJALA (उजाला )	52	15000	27.99	2%	18%
3	GOONJ (गूँज	52	20000	27.99	2%	18%
4	LAKSH (लक्ष्य )	52	25000	27.99	2%	18%
5	UTSAH (उत्साह )	52	30000	30	3%	18%
6	SANJIVNI (संजीवनी )	52	40000	30	3%	18%
7	SAMRIDDHI (समृद्धि )	52	50000	30	3%	18%
8	PRAGATI (प्रगति )	52	60000	30	3%	18%

Eligibility:

Eligibility	Micro Enterprises Loan/Micro Credit Loan
Finance (Rs.)	10 Thousand to 60 thousand
Loan Amount	First Loan maximum 40 thousand
Nationality	Indian
Residence Type	Local resident (rented person not allowed)
Industry Type	Manufacturing, Trading & Services
Customer Profile	Self Employed Non-Professional or Proprietorship
Customer Business Distance	Nearby from the selected village/centre
Monthly Income	As per FCSL credit policy.
Age Eligibility	21 to 58 Years
Marital Status	Only married
Documents	Should fulfill KYC documents requirements, ID should be from the same location.
Credit Record	Should not have an adverse credit record
Acceptable Credit Norms	Should meet the acceptable credit norms as per RBI and FCSL.