Marriage Loan
Thardeep Microfinance foundation is going to extend the micro loans for the poor families who could not afford the marriage or social event expenses. Therefore, in such circumstances they can take a loan on very easy terms and conditions from TMF. The terms and conditions are given below,
Loan Eligibility |
|
Lending Methodology | Individual |
Loan Amount | Minimum Loan Amount: 30000 Maximum Loan Amount: 500000 |
Loan Duration | Minimum: 12 months Maximum: 24 Months |
Repayment Frequency | Equal monthly based installments |
Collateral/Tangible Guarantee | Up to Loan amount of Rs. 100,000 Requirement of Guarantor Non-Family Member Bank cheques and statement as per loan policy and procedure Guarantor must be a Government employee or Market shop keeper |
Disbursement and Recovery | Bio metric disbursement in 1 to 3 days after the appraisal Easy repayment through ADCS channel and Mobile account |
Insurance | Client Life covered as per loan Amount |