|
Name of product
|
Maximum loan
|
Repayment period
|
Rate of interest Flat / reducing balance (%)
|
Fees / charges
|
|
IGL –Monthly (JLGs)
|
Rs.10,000-70,000
|
Monthly (12,18,24 Month)
|
27% reducing
|
Loan Amount 1.50% Service Charge+GST & Insurance Pramerica Life Insurance – 8 per Thousand/ member
|
|
IGL –Monthly (JLGs)
|
Rs.15,000-90,000
|
Monthly (12,18,24,30 Month)
|
26% reducing
|
Loan Loan Amount 1.50% Service Charge+GST & Insurance Pramerica Life Insurance – 8 per Thousand/ member
|
|
IGL –Monthly (JLGs)
|
Rs.20,000-75,000
|
Monthly (12,18,24 Month)
|
26% reducing
|
2% Service Charge + GST & Insurance
|
|
IGL –Monthly (JLGs)
|
Rs.10,000-60,000
|
Monthly (12,18,24 Month)
|
26% reducing
|
1% Service Charge + GST & Insurance
|