Limited Liability Loans

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Limited Liability Group Loans

The LLG loan product is designed for rural women who wish to start or increase their existing micro entrepreneurial activities.
Loan Amount: Rs. 25,000 – Rs. 75,000 (as per regulation)
Loan Term: 2 Years
Interest Rate (p.a.): 21.47% – 23.99%
Processing Fee: 1.18% (Including GST)
Processing Fee: 1.18% (Including GST)

Limited Liability Loans

SATYA has adopted a unique Joint Liability Group (JLG) lending model which enables a group of individuals to take loans for the purpose of income generation and income growth by forming a group, wherein each group member is equally liable for repayment through a formal agreement. Usually, beneficiaries of this product engage in a similar type of activity in agriculture/allied/non-farm sector. Since its inception in 2016, this loan product has been one of SATYA’s main offerings. Through the model, the company aims to add a social touch to credit offering by integrating modern technology into Indian Micro Finance Sector. This essentially meets the credit needs of the poor by combining the informal credit system’s flexibility, sensitivity, and responsiveness with the strength of formal credit institutions’ technical and administrative capabilities and financial resources.
Loan Amount: Rs. 25,000 – Rs. 75,000

Loan Term: 2-3 Years

Interest Rate (p.a.): 23.5% – 25.5%

Processing Fee: 1% +18% GST
Repayment Frequency: Monthly/4-weekly/Bi-weekly