Trade One
This is an individual unsecured loan which we give to men and women both for their expansion in business. Generally, we offer small shopkeepers who have some inventories in their shops.
Borrower
Both
Members
Min:1 Max:1
Amount
Rs:30000-100000
Tenor
30-48 M/BiW/W
Effective Fee*
22-26%
Processing Fee
1.0 % + GST
Insurance Charge
Actual
Collateral
Nil
Beneficiary:
Ø Small medium enterprises
Ø Shopkeepers
Ø Small business/ industry
The company has commenced lending to missing middle link borrowers under ‘‘Trader One’’ products which are not covered under JLG model. The said products are meant for small shopkeepers for their seasonal or daily working capital requirement.