The Sustainable Livelihood Initiative offers interest rates of 11.5% to 19% per annum for Self-Help Groups (SHG) and 22% to 25% per annum for Joint Liability Groups (JLG).
Currently, the Sustainable Livelihood Initiative offers interest rates of 11.5% to 19% per annum for Self-Help Groups (SHG) and 22% to 25% per annum for Joint Liability Groups (JLG).
The Sustainable Livelihood Initiative offers interest rates from 11.5% to 19% per annum for SHG loans and from 22% to 25% per annum for JLG loans.
You can choose your repayment frequency under the Sustainable Livelihood Initiative as weekly, fortnightly, or monthly, depending on your convenience and the terms of your loan agreement.
You are not required to pay any processing fees under the Sustainable Livelihood Initiative. The entire loan process is free from administrative or upfront processing charges.
You do not need to pay any pre-closure or account closure charges under the Sustainable Livelihood Initiative. Early repayment and closing the loan attract zero penalties.
If your EMI bounces, you will incur delayed interest charges. The Sustainable Livelihood Initiative applies this penalty only in such cases; no other hidden charges apply.