i)Zero Balance Account.
ii)Insurance Cover of ₹1 Lakh along with Rupay Cards.
iii)Pass Book and Cheque Books.
iv)Direct Benefit Transfers.
v)Overdraft / Loan of up to ₹5000 #ModiOnceMore
i)Extended by Banks, NBFCs, MFIs and other Financial Intermediaries.
ii)Eligibility: Individuals, Proprietary Concerns, Partnership Firms, Private Limited Company, Public Company, Any other legal firms.
iv)Shishu Loans up to ₹50000.00
Kishore Loans up to ₹5 Lakhs.
Tarun Loans up to ₹10 Lakhs
v)Comparatively low interest rates when compared to business loans or...
Interest rates otherwise as per policy decision by banks but to be kept reasonable.
vi)Processing fee to be charged upfront as per guidelines. No Processing fees for Shishu loans
i)Financial Year: 2018-19
Loans Sanctioned: 30614128
Amount Sanctioned: ₹161712.79 Crores
Amount Disbursed: ₹154918.59 Crores
Loans Sanctioned: 48130593
Amount Sanctioned: ₹253677.10 Crores
Amount Disbursed: ₹246437.40 Crores
Loans Sanctioned : 39701047
Amount Sanctioned : ₹180528.54 Crores
Amount Disbursed : ₹175312.13 Crores
Loans Sanctioned : 34880924
Amount Sanctioned : ₹137449.27 Crores
Amount Disbursed : ₹132954.73 Crores