Svamaan's Income Generation Loan (IGL) is geared towards supporting income enhancement and business development activities of our customers including providing support for working capital requirements
The below interest rates are applicable from 16th Feb 2026
| Loan Product | Repayment Frequency | Rate of Interest (%) | Fees & Charges | |||||
|---|---|---|---|---|---|---|---|---|
| Microfinance Loan – Product Name | Loan Amount | Loan Tenure | Min. | Max. | Average in Q4'26 | Average Processing Fee (% of loan) | Other Charges | |
| Income Generation Loan | Upto ₹1,00,000 | 1 year to 2 Years | Weekly / Bi-Weekly / Monthly | 24.00 | 24.95 | 24.55 | Upto 2% (plus GST as applicable) |
Insurance Fees as Applicable |
| Sahyog Supplementary Loan | Upto ₹30,000 | 1.5 Years | Weekly / Bi-Weekly / Monthly | 24.50 | 24.95 | 24.77 | Upto 2% (plus GST as applicable) |
Insurance Fees as Applicable |
| Consumer Durable | Upto ₹30,000 | 1 year to 1.5 Years | Weekly / Bi-Weekly / Monthly | 19.50 | 19.50 | 19.50 | Upto 1.5% (plus GST as applicable) |
Insurance Fees as Applicable |
| Loan Product | Repayment Frequency | Rate of Interest (%) | Fees & Charges | |||||
|---|---|---|---|---|---|---|---|---|
| All Microfinance Loan | Loan Amount | Loan Tenure | Min. | Max. | Average in Q4'26 | Average Processing Fee (% of loan) | Other Charges | |
| Upto ₹1,00,000 | 1 year to 2 Years | Weekly / Bi-Weekly / Monthly | 19.50 | 24.95 | 24.55 | Upto 2% (plus GST as applicable) |
Insurance Fees as Applicable | |
Approach for Gradation of Risks:
The Company follows risk-based pricing based on credit worthiness of the customers. The rates of interest for the same product and same tenor availed during the same period by different customers could vary depending upon the combination of various factors such as borrower’s profile, credit risk assessment, repayment track record & vintage of the borrower’s relationship, customer indebtedness and such other factors relevant in the particular case.
Penal and other charges:
The Company does not charge any overdue/ penal interest charges/ foreclosure charges/ mandate or bounce charges to the customers.
Micro-Entrepreneur loans are focused on driving financial inclusion for small businesses across India
Coming Soon
