Samriddhi Loan

Samriddhi Loan

Business growth Loan tenure options Doorstep documentation​
Take your entrepreneurial venture to the next level of success
  • Funds for small entrepreneurs who are ready to scale up their business 

  • Loan amount – Minimum ₹75,000; Maximum ₹3 lakh (to be disbursed in a single tranche) 

  • Loan tenure – 12 Months, 18 Months, 24 Months (3 options available) 

  • Repayment through convenient EMIs as per Standing Instructions for Savings Account 

  • Simplified documentation for hassle-free loan processing 

  • Doorstep documentation 

  • Timely disbursement 

April 1, 2016, onwards, the lending rates on loan products are with reference to MCLR.

Processing fee – 1% + GST as applicable 

Existing micro banking borrowers who have completed minimum 2 cycles of loans in normal course can apply as a co-applicant and their close relative will be the applicant 

  • Mandatory documents for applicant and co-applicant: 

    • Identity proof  

    • Residence address proof  

    • Photograph  

  • Additional documents: 

    • PAN Card or Form-60 

To know more, please contact us at our 24*7 toll-free number 18002588181.

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