Group Loan

Group Loan

Get a Group loan without any security or guarantor with minimum documentation. Loan Disbursement within 72 hours* of document submission. Interest rate remains unchanged throughout the loan tenure. Simple documentation - It can be accessed with minimal paperwork and documentation and doesn't take much time End use of the New Vashishth microfinance Limited can be House renovation, Holidays, Purchase of consumer durables, Education, Marriage, Short Term loan for equipment purchase, Short Term Working Capital, Any other Group emergency. A Group loan is a short to medium term unsecured loan (no collateral) that you can use to meet current financial needs. Though most commonly used to meet expenses related to debt restructuring, vacations, unexpected medical expenses and down payments,

  • Multi-purpose Group loan.
  • Fixed rate of Interest, Interest charged on monthly reducing basis.
  • Flexible tenures up to 60 months.
  • No security, no collateral.
  • Loan payable in easy installments
  • Repayment through Auto-debit / ECS / PDC