Samriddhi Loan

Sabrimala Fintech Samriddhi Loan

Sabrimala Fintech’s Samriddhi loan product embodies our dedication to catalyzing income generation and community growth. Our innovative approach empowers individuals to access tailored loans, designed specifically to bolster income-generating ventures. Primarily serving Agri-allied, Production, Transportation, and Trading sectors, Samriddhi has been integral to Sugmya’s offerings from the outset.

We go beyond mere financial support, infusing a social dimension into our credit services. By leveraging modern technology, we democratize credit access, especially for underserved customers in rural and semi-urban areas.

Through Sabrimala Fintech Samriddhi, we aim to nurture entrepreneurial aspirations, boost local economies, and uplift socio-economic well-being. Bridging financial inclusion with grassroots development, we foster sustainable growth and prosperity within our communities.

Product Features and Eligibility
Product FeaturesLoan Amount₹ 30,000 to 60,000
Tenure12 to 24 Months
Processing Fee3% + Applicable GST
Repayment FrequencyBi-weekly/Two Bi-Weekly
Collateral TypeCollateral Free Loan
Loan TypeIndividual
EligibilityNationalityIndian
Age Criteria21 to 60 Years
Residence TypeResidential place to be owned

Applicants must meet the following requirements to be eligible for the loan:

  • Should fulfil KYC documents requirements
  • Age should be between 18 to 60 years
  • Should not have an adverse credit record
  • Should meet the acceptable credit norms as per RBI and Sabrimala Fintech.

How to Apply

A complete KYC process is required to take a Sabrimala Fintech Samriddhi Loan.

The documents required are:

  • Primary ID:
    • Aadhaar
  • Secondary ID:
    • Voter ID card
    • PAN card
    • Passport
    • Driving licence
    • MGNREGA Card
    • Letter issued by Government authorities
    • Passbook of nationalised banks
  • Address Proof:
    • Voter ID card
    • Aadhaar
    • Passport
    • Driving licence
    • MGNREGA Card
    • Letter issued by Government authorities
    • Passbook of nationalised banks
    • Life Insurance policy or latest Premium receipt
    • Rent agreement
    • Consumer gas connection card/Book
    • Utility bills (not more than 90 days old)