| Features | Loan Amount | Interest Rate | Processing Fee | Repayment Period | Repayment Frequency |
|---|---|---|---|---|---|
| Education Loan |
Up to Rs.5,000 |
22% (on reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF) |
52 weeks |
Weekly/Bi-weekly /Four Weekly- at the choice of the member |
| Festival Loan |
Up to Rs.2,000 |
22% (on reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF) |
24 weeks |
Weekly/ Bi-weekly- at the choice of the member |
| Medical Loan |
Rs. 500 to Rs.2,000 |
22% (on reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF) |
24 weeks |
Weekly/Bi-weekly-at the choice of the member |
| Arogya Loan |
Rs.500 to Rs.1,000 |
22% (on reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF) |
10 weeks |
Weekly/ Bi-weekly- at the choice of the member |
| GGI Cook Stove Loan |
Rs 700 to Rs 1600 |
24% (on reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF) |
24 weeks |
Weekly/ Bi-weekly - at the choice of the member |
| Water Loan |
Upto Rs 5000 |
22% (on reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF) |
52 weeks |
Weekly/Bi-weekly /Four Weekly- at the choice of the member |
| Sanitation Loan |
Upto Rs 10000 |
22% (on Reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF) |
104 weeks |
Weekly/Bi-weekly /Four Weekly- at the choice of the member |
| Emergency Loan |
Rs 1000 |
24% (on reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF) |
10 weeks |
Weekly/Bi-weekly installments- at the choice of the borrower |
| IGL-Pragati Plus (for income generation activities) |
Rs. 15,000- 25,000 |
26% (on reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF)
|
104 weeks |
Weekly/Bi-weekly /Four Weekly- at the choice of the borrower |
| Pragathi Supplement Loan |
Rs.5000 |
26% (on reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF) |
24 weeks |
Weekly/Bi-weekly /Four Weekly- at the choice of the borrower |
| IGL-Pragati (for income generation activities) |
Rs.5,000- Rs15,000 |
26% (on reducing balance) |
1.1236% of loan amount (PF= 1% + Service Tax 12.36% on PF) |
52 weeks |
Weekly/Bi-weekly /Four Weekly- at the choice of the borrower |
| GRAVITY Loan (For vocational training purpose) |
Upto Rs 10000 |
22% (on reducing balance) |
1% of loan amount |
21 months |
Monthly with three months moratorium period |
Grameen Koota
Wed, 05/11/2011 - 17:03 — admin
Grameen Koota, a division of GFSPL, began in May 1999 as a project under the T. Muniswamappa Trust. Grameen Koota adapted Grameen Bank's group lending methodology, and offers collateral-free loans to women from poor and low-income households. These loans help the clients raise their standard of living and consequently help break themselves and their families out of poverty.
Grameen Koota offers the following products:
