Products

EDP - Micro Enterprises Loan

We make sure the under privileged are needs to be empowered for a developing economy. We fulfil the funds requirements of micro business units who are trying to become self-sustainable

Nature of Loan :
Sustainable livelihood, Self-employment, Self-empowerment for
Loan Amount Offered:
Rs.10,000 to 30,000
Purpose :
Short term financial needs, Working Capital requirements for purchases of Raw materials, small scale assets, equipment’s, Tools etc.
Tenure :
Upto 12 months.
Interest :
As per Industry Norms
Documentation :
Smooth & Hassle-free Documentation
Doorstep Documentation :
Available
Disbursement :
Bank Account of the Customer/ Applicant only
Mandatory Requirement :
QR (Quick Response) Code
Eligible Customers :
Micro or Small - Retail store, Grocery store, Medical shop, Stationery, Cosmetic shop, Sweet Shop, Tea Shop, Eatery, Bakery, Street Vendors dealing in Tiffin, Snacks, Fast-food, Ready-to-Eat items, Hotel, Fish & Vegetable shop/vendor, Beauty parlour, Tailor Shop

EDP - Small Enterprises Loan

We believe the Small Enterprises are backbone of a healthy economy, deserve to be to supported and promoted at their needy times.

Nature of Loan :
Sustainable livelihood, Self-employment, Self-empowerment
Loan Amount Offered:
Rs.10,000 to 2,00,000
Purpose :
Short term financial needs, Working Capital requirements for purchases of Raw materials, small scale assets, equipment’s, Tools etc.
Tenure :
Upto 24 months.
Interest :
As per Industry Norms
Documentation :
Smooth & Hassle-free Documentation
Doorstep Documentation :
Available
Disbursement :
Bank Account of the Customer/ Applicant only
Mandatory Requirement :
QR (Quick Response) Code
Eligible Customers :
Micro or Small - Retail store, Grocery store, Medical shop, Stationery, Cosmetic shop, Sweet Shop, Tea Shop, Eatery, Bakery, in Tiffin, Snacks, Fast-food, Ready-to-Eat items, Hotel, Vegetable shop, Beauty parlour, Tailor Shop

WEDP – Vridhi

We believe a woman plays a vital role in nation building and comminated for empowering women entrepreneur & farmers.

Nature of Loan :
Sustainable livelihood, Self-employment, Self-empowerment
Loan Amount Offered:
Rs.10,000 to 30,000
Purpose :
Income generating / productive purposes under Women Empowerment Program
Tenure :
Up to 12 Months
Interest :
As per Industry Norms
Documentation :
Smooth & Hassle-free Documentation
Doorstep Documentation :
Available
Disbursement :
Bank Account of the Customer/ Applicant only
Mandatory Requirement :
The Customer/ Applicant needs to Female candidate
Other Requirements :
The Customer needs to be a member of any Joint Liability Group (JLG)

EDP - Gold Loan

We have proven you can bring prosperity with your unused gold ornaments lying with you.

Loan Product Name :
Gold Loan
Loan Amount Range :
Rs.5,000 to 20,00,000
Tenure :
Up to 120 Months
Interest Rate Type :
(Fixed / Reducing / Floating)
Fixed
Interest Rate :
(Minimum Monthly % )
0.9 %
Interest Rate :
(Max Monthly % )
2.25 %
Annual Percentage Rate (APR):
(Max Monthly % )
-
Processing Fee %:
0.35 %
Other Fees and Charges:
Overdue Interest, Penalty Interest, Bounce Charges, Accrued Interest, SMS Charges, Service Charges, Late Payment

MSME (Secured + Unsecured)

MSME secured unsecured
Loan Product Name :
MSME (Secured + Unsecured)
Loan Amount Range :
Rs.10,000 to 25,00,000
Tenure :
Up to 36 Months
Interest Rate Type :
(Fixed / Reducing / Floating)
Reducing
Interest Rate :
(Minimum Monthly % )
2.16 %
Interest Rate :
(Max Monthly % )
2.41 %
Annual Percentage Rate (APR):
(Max Monthly % )
29 %
Processing Fee %:
UPTO 2%
Other Fees and Charges:
Late Payments Charges, SMS, Coats of Insurance, Customer on Boarding Expenses, Documentation Printing & Verification expenses, IMPS Expenses, ECS Mandate Expenses, Electronic Signature Verification Expenses, Credit Bureau Extract Expenses, GST on Loan Processing Fee