Sharada Micro Services Association

Home Improvement Loans

Loan Type

Home Improvement Loan

Loan Criteria

New Customers, Salaried Employees, Fixed Business Setup, Individual Loans (Semi-urban Areas)

Loan Amount

Rs. 10,000 - 50,000

Interest Rate

26% on reducing balance

Processing Fees

1 % of gross loan Amount

Loan Tenure

24 - 30 Months

Approval Time

3 - 5 Working Days