The ambition of Tiny, Micro customers rises, as the grown-up. MFW shall meet the requirement of those customers by extending individual loans and MFW shall build a seamless experience in giving individual loans to graduating JLG customers.
Group Loan
- Loan Amount – Rs. 30,000 to Rs. 80,000
- Rate of Interest – 24% to 28% Per Annum (reduced)*
- Tenure – 6 to 12 months
- Processing Fees – Minimal
- Insurance – As per Loan amount & tenure
- Disbursement – Bank Account Transfer
- Repayment – Weekly
- Repayment Mode – NACH
Business Loan
- Loan Amount – Rs. 30,000 to Rs. 1,25,000
- Rate of Interest – 24% to 28% Per Annum (reduced)*
- Tenure – 6 to 12 months
- Processing Fees – Minimal
- Insurance – As per Loan amount & tenure
- Disbursement – Bank Account Transfer
- Repayment – Weekly and Bi-weekly
- Repayment Mode – NACH
* Terms and conditions apply
