Products
Customer friendly, fair and transparent
Loan Products
SHARE provides collateral-free credit services to its clients post ensuring fulfillment of selection criteria as per RBI and company’s norms.
SHARE’s products are designed as per its clients’ requirements and its processes are customer friendly, fair and transparent.
| General Loan |
|---|
JLG |
Income generation |
12-24 months |
Rs. 6,000 to 60,000 |
|
(on Reducing balance)
Minimum: 26% P.A
Maximum: 27% P.A Average: 26.55% P.A(For 1 year) Average: 26.47% P.A(For 2 years) |
1.5% + applicable GST (for all the tenures) |
2% per annum on delayed installments |
Business Correspondent (BC) Products
Nano Loans (Short term)
Farmer Interest Group Loans (Agri)
Vyapar Vikas Yojana (MSME)
Loan Against Property (LAP)
PRAYAAS
(Helping Micro entrepreneurs scale-up from Sustenance to Enterprise level)
Facilitator
Credit Life Insurance: SHARE provides all its borrowers credit life insurance on the disbursed loan amount for loan tenure. SHARE in collaboration with 'Life Insurance Corporation of India' and ‘HDFC Life Insurance Company Ltd.’ implements the credit life group insurance scheme for both client and their spouse. Through this scheme, SHARE aims to help the vulnerable sections in reducing their debt burden in any eventualities and enable financial security.