Micro Business Loans
SATYA provides micro business loans, primarily to the MSME segment and self-employed entrepreneurs, with the goal of driving economic growth and making a significant contribution to the Indian government’s vision of Aatma Nirbhar Bharat. This loan is available to any new or existing small business that has an urgent need for cash flow. These unsecured loans are offered on the basis of ticket size and nature of collateral. It enables small businesses to gain control over their working capital and cash flow, thereby avoiding loans from friends and family.
Loan Amount: Rs. 25,000 – Rs.2,00,000
Loan Term: 1-3 Years
Interest Rate (p.a.): 25%-28%
Processing Fee (p.a.): 1.5%+18% GST
Repayment Frequency: Monthly