ZigaForm version 5.3.5

Loan

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.

Individual Loan

  • Loan Amount – Rs. 10,000 to Rs. 50,000
  • Rate of Interest – 24% to 26% Per Annum
  • 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. 25,000 to Rs. 60,000
  • Rate of Interest – 22% to 24% Per Annum
  • 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

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