Products

Income Generation Loan (IGL)

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

Loan Product Repayment Frequency Rate of Interest
(For the last 12 Months)
Fees & Charges
Product Name Loan Amount Loan Tenure Min. Avg. Max. Processing Fee Other Charges
Income Generation Loan Upto ₹50,000 1 Year to 2 Years Weekly / Bi-Weekly / Monthly 19.70% 21.42% 23.50% 1% to 1.5%
(plus GST as applicable)
Insurance Fees as Applicable
Mid Term Loan Upto ₹25,000 1.5 Years Weekly / Bi-Weekly / Monthly 21.86% 23.38% 24% 1% to 2%
(plus GST as applicable)
Insurance Fees as Applicable
Consumer Durable Upto ₹25,000 6 Months to 1.5 Years Weekly / Bi-Weekly / Monthly 24% 24% 24% 2%
(plus GST as applicable)
Insurance Fees as Applicable

*Svamaan Financial Services Pvt. Ltd has tied up with HDFC Life and Kotak Life for providing of life cover to our borrower and co-borrower under the credit life insurance scheme

Micro-SME Loan

Micro-Entrepreneur loans are focused on driving financial inclusion for small businesses across India

Coming Soon