Weaker Section Development Society

institute of innovative technology transfer & environment

Loan Product Mix

Product: Current
Account
SHG (Monthly) JLG (Weekly
& Monthly)
Education
Loan
Energy Loan
Product (Design)   
Loan Size 1st Cycle:
Rs. 5000
1st Cycle:
Rs. 10,000

Rs. 25,000
to Rs. 50,000
(for graduated
clients -1 time)

Rs. 12,173 (Mini Home
Lighting System - 45 watt)
&
Rs. 21,904 (Home Lighting
System - 75 watt)
  2nd Cycle:
Rs. 10,000
2nd Cycle:
Rs. 10,000
to Rs. 15,000
  3rd Cycle:
Rs. 15,000
3rd Cycle
(onwards):
Rs. 15,000
to Rs. 20,000
  4th Cycle:
Rs. 20,000
to Rs. 25,000
4th Cycle:
Rs. 20,000
to Rs. 25,000
  5th Cycle
onwards
Rs. 25,000
5th Cycle
onwards
Rs. 25,000
Instalment
Frequency
Monthly Weekly  Monthly Monthly
Loan Term 12 Months 1st Cycle:
52 weeks
 18 - 36 Months 12 Months
Other
Requirements
Group should
pass GRT
Groups have to
undergo CGT
and pass a GRT
Groups have to
undergo CGT 
and pass a GRT
50% down payment
Security Amount - -  - -
Grace Period - - 3 - 6 Months -
Price
Interest Rate 20% (Reducing)-
Traditional; 26%
(Reducing)-
Green Energy
20% (Reducing)-
Traditional; 26%
(Reducing)-Green
Energy
20% (Reducing)
&
24% (Flat)
26% (Reducing)
Loan Processing
Fee
1% of the Loan
Amount per
member
1% of the Loan
Amount per
member
1% of the Loan 
Amount per 
member
1% of the Loan 
Amount per 
member
Loan Registration
Fee
- -  - -
Insurance Fee 1% of the Loan
Amount per
member
1% of the Loan
Amount per
member
1% of the Loan 
Amount per 
member
1% of the Loan 
Amount per 
member
Applicable Tax 12.36% of Loan
Processing Fee
12.36% of Loan 
Processing Fee
12.36% of Loan 
Processing Fee
12.36% of Loan 
Processing Fee
Promotion
by PriceMinus" href="#"> marketing
Information
Dissemination
Word of mouth;
Promoting
meetings in
villages
Through village
promotioin
meetings
 Word of mouth Through village
promotion meetings
Advertising - -  - -
Place SHG Meeting Centre Meetings Schools
& Head Office 
Branch Office
Positioning
Slogan/Vision  -  -  Reach your goal! -
Corporate
Image
Serving the
Underserved
Serving the
Underserved
Serving the 
Underserved 
Serving the 
Underserved
Product Image Cheap and
hassle free
Cheap and hassle
free
Cheap and hassle
free
Cheap and hassle
free
Physical
Evidence
Loan Application,
Group Loan
Agreement,
Payment
Voucher, Pre-
Printed
Loan Card
Loan Application,
Group Loan
Agreement,
Payment Voucher,
Pre-Printed
Loan Card
Loan Application, 
Group Loan 
Agreement, 
Payment Voucher, 
Pre-Printed 
Loan Card
Loan Application, 
Group Loan 
Agreement, 
Payment Voucher, 
Pre-Printed 
Loan Card
People Community
Facilitator,
Branch Head
Community
Facilitator,
Branch Head
Community 
Facilitator, 
Branch Head
Community 
Facilitator, 
Branch Head
Process Introductory
Meeting,
CGT, GRT, Loan
Disbursement
Introductory
Meeting,
CGT, GRT, Loan
Disbursement
 Introductory 
Meeting, 
CGT, GRT, Loan 
Disbursement
-