Microfinance & Non- Microfinance Loans
Microfinance Loans are small loans aimed at underserved communities or individuals without access to traditional banking, supporting financial inclusion and entrepreneurship.
Non-Microfinance Loans are designed for a broader and more established customer base, these loans include personal, home, auto, and business loans offered by conventional financial institutions.
Microfinance Loans
Samriddhi
Income Generation Loan
IIFL Samasta Finance empowers women by providing capital for establishing or expanding microenterprises. Samriddhi – Income generation loans cater to diverse needs, including boosting working capital and acquiring inventories.
Lending Model
Joint Liability
Loan Amount
Rs. 25,000 - Rs. 80,000
Tenure
12-36 months
Repayment Frequency
Monthly/Fortnightly/Bi-monthly
Rate of interest
22.99% - 23.99%
Processing Fee
1.5% + GST
Samriddhi Plus
Income Generation Loan
IIFL Samasta Finance empowers women by providing capital for establishing or expanding microenterprises. Samriddhi – Income generation loans cater to diverse needs, including boosting working capital and acquiring inventories.
Lending Model
Joint Liability
Loan Amount
Rs. 80,000 - Rs. 1.25 lakhs
Tenure
24-36 months
Repayment Frequency
Monthly/Fortnightly/Bi-monthly
Rate of interest
22.99% - 23.99%
Processing Fee
1.5% + GST
Samvardhana
Top-Up Loan
A Top-Up loan offers an extra sum to customers with existing business loans. This allows IGL customers with a solid repayment track record to access additional funds, enhancing their income-generating endeavours.
Lending Model
Joint Liability
Loan Amount
Rs. 15,000 – Rs. 35,000
Tenure
12-24 months
Repayment Frequency
Monthly/Fortnightly/Bi-monthly
Rate of interest
22.99% - 23.99%
Processing Fee
1.5% + GST
Sajal
Water and Sanitation Loan
Sajal provides affordable credit to empower customers in obtaining essential life necessities such as sanitation and hygiene. This unsecured loan is exclusively available to existing IGL customers and can be utilized for various purposes, including establishing filtration units, installing tap water connections, creating water storage facilities, improving or constructing toilets, and acquiring other crucial amenities
Lending Model
Joint Liability
Loan Amount
Rs. 15,000 – Rs. 35,000
Tenure
12 – 24 months
Repayment Frequency
Monthly/Fortnightly/Bi-monthly
Rate of interest
22.99% - 23.99%
Processing Fee
1.5% + GST
Suvidha
Consumer Product Loan
The Consumer Products Loan aims to enhance our customers’ lives by providing access to transformative products such as cook stoves, mixer grinders, water purifiers, solar lights, and mobile phones.
Lending Model
Joint Liability
Loan Amount
Rs. 1,000 - Rs. 25,000
Tenure
9-18 months
Repayment Frequency
Monthly/Fortnightly/Bi-monthly
Rate of interest
22.99% - 23.99%
Processing Fee
Nil
Pragati
Mortgage Loan
Micro, Small, and Medium Enterprises (MSMEs) play a significant role in job creation and income generation. Pragati – Mortgage Loan is crafted to facilitate easy credit access for the promotion of these MSMEs.
Lending Model
Individual
Loan Amount
Rs.3 lakhs- Rs. 25 lakhs
Tenure
24-120 months
Repayment Frequency
Monthly
Rate of interest
19%-21%
Processing Fee
2% + GST
Sampark
Mortgage Loan
Micro, Small, and Medium Enterprises (MSMEs) play a significant role in job creation and income generation. Sampark – Mortgage Loan is crafted to facilitate easy credit access for the promotion of these MSMEs.
Lending Model
Individual
Loan Amount
Rs. 3 lakhs - Rs. 15 lakhs
Tenure
24-120 months
Repayment Frequency
Monthly
Rate of interest
21%-23%
Processing Fee
2% + GST
Sampark Advantage
Mortgage Loan
Micro, Small, and Medium Enterprises (MSMEs) play a significant role in job creation and income generation. Sampark Advantage- Mortgage Loan is crafted to facilitate easy credit access for the promotion of these MSMEs.
Lending Model
Individual
Loan Amount
Rs. 60,000 - Rs. 5 lakhs
Tenure
12-72 months
Repayment Frequency
Monthly
Rate of interest
23%-26%
Processing Fee
2% + GST
Swabhiman
Micro Enterprise Loan
Swabhimaan, also recognized as Micro Enterprise Loan (MEL), is an unsecured loan designed to offer financial support to rural micro-enterprises.
Lending Model
Individual
Loan Amount
Rs. 60,000 - Rs. 5 lakhs
Tenure
12-48 months
Repayment Frequency
Monthly
Rate of interest
26%-28%
Processing Fee
2% + GST
Surabhi 1
Dairy Cattle Loan
The Dairy Cattle Loan addresses customers’ dairy development initiatives, encompassing the acquisition of new cattle to augment income. This loan, extended to women engaged in dairy activities, also incorporates insurance coverage to alleviate potential risks.
Lending Model
Individual
Loan Amount
Rs. 60,000 – Rs. 90,000
Tenure
24 Months
Repayment Frequency
Monthly
Rate of interest
25%
Processing Fee
1.5% + GST
Surabhi 2
Dairy Cattle Loan | Co-Lending
The Dairy Cattle Loan addresses customers’ dairy development initiatives, encompassing the acquisition of new cattle to augment income. This loan, extended to women engaged in dairy activities, also incorporates insurance coverage to alleviate potential risks.
Lending Model
Individual
Loan Amount
Rs. 60,000 – Rs. 90,000
Tenure
24 Months
Repayment Frequency
Monthly
Rate of interest
19% - 25%
Processing Fee
1.5% + GST
Two-Wheeler Loans
Two-Wheeler Loan empowers customers with essential mobility solutions. From scooters to motorcycles, the aim is to enhance our customer’s convenience. Dedicated to improving lives, the loan offers affordable financing options for acquiring two-wheelers, ensuring greater accessibility and ease of travel.
Lending Model
Hypothecated – Individual Loan
Loan Amount
Rs. 25,000 – Rs. 1.5 Lakhs
Tenure
24 – 36 Months
Repayment Frequency
Monthly/Fortnightly
Rate of interest
24.24%
Processing Fee
2% +GST
Saral
Saral Loans provide access to capital for individuals in underserved or low-income communities, empowering them to launch or expand their businesses, improve their living conditions, or meet urgent financial needs. The loans are tailored for existing MFI customers who have increased their annual income to over ₹3 lakhs and secured a stable source of income
Lending Model
Individual
Loan Amount
Rs. 25,000 – Rs. 80,000
Tenure
12-36 months
Repayment Frequency
Monthly/Fortnightly
Rate of interest
25%
Processing Fee
1.50% +GST
Sambhav
Sambhav is an unsecured business loans designed to empower entrepreneurs with quick, hassle-
free funding. Our customer-first approach ensures personalized guidance throughout the loan
process, helping businesses grow with confidence.
Lending Model
Individual
Loan Amount
Rs. 40,000 – Rs. 5 lakhs
Tenure
12 to 48 months
Repayment Frequency
Monthly
Rate of interest
28%-30%
Processing Fee
2.5%+GST
Suvidha
Consumer Product Loan
The Consumer Products Loan aims to enhance our customers’ lives by providing access to transformative products such as cook stoves, mixer grinders, water purifiers, solar lights, and mobile phones.
Lending Model
Joint Liability
Loan Amount
Rs. 5,000 - Rs. 45,000
Tenure
6-24 months
Repayment Frequency
Monthly
Rate of interest
24.75%
Processing Fee
2% + GST
*Interest rate for retail loans varies bases on ticket size. As ticket size increases, interest rate decreases.
Samriddhi
Income Generation Loan
IIFL Samasta Finance empowers women by providing capital for establishing or expanding microenterprises. Samriddhi – Income generation loans cater to diverse needs, including boosting working capital and acquiring inventories.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Joint Liability Group
Rs. 25,000 - Rs. 80,000
12-36 months
Monthly/Fortnightly/Bi-monthly
22.99% - 23.99%
1.5% + GST
Samriddhi Plus
Income Generation Loan
IIFL Samasta Finance empowers women by providing capital for establishing or expanding microenterprises. Samriddhi – Income generation loans cater to diverse needs, including boosting working capital and acquiring inventories.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Joint Liability Group
Rs. 80,000 - Rs. 1.25 lakhs
24-36 months
Monthly/Fortnightly/ Bi-monthly
22.99% - 23.99%
1.5% + GST
Samvardhana
Top-up Loan
A Top-Up loan offers an extra sum to customers with existing business loans. This allows IGL customers with a solid repayment track record to access additional funds, enhancing their income-generating endeavours.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Joint Liability Group
Rs. 15,000 - Rs. 35,000
12-24 months
Monthly/Fortnightly/ Bi-monthly
22.99% - 23.99%
1.5% + GST
Sajal
Water & Sanitation Loan
Sajal provides affordable credit to empower customers in obtaining essential life necessities such as sanitation and hygiene. This unsecured loan is exclusively available to existing IGL customers and can be utilized for various purposes, including establishing filtration units, installing tap water connections, creating water storage facilities, improving or constructing toilets, and acquiring other crucial amenities
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Joint Liability Group
Rs. 15-,000 - Rs. 35,000
12-24 months
Monthly/Fortnightly/ Bi-monthly
22.99% - 23.99%
1.5% + GST
Suvidha
Consumer Product Loan
The Products Loan aims to enhance our customers’ lives by providing access to transformative products such as cook stoves, mixer grinders, water purifiers, solar lights, and mobile phones.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Joint Liability Group
Rs. 1,000 - Rs. 25,000
9-18 months
Monthly/Fortnightly/ Bi-monthly
22.99% - 23.99%
Nil
Non Microfinance Loans
Pragati
Mortgage Loan
Micro, Small, and Medium Enterprises (MSMEs) play a significant role in job creation and income generation. Pragati – Mortgage Loan is crafted to facilitate easy credit access for the promotion of these MSMEs.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Individual
Rs.3 lakhs- Rs. 25 lakhs
24-120 months
Monthly
19%-21%
2% + GST
Sampark
Mortgage Loan
Micro, Small, and Medium Enterprises (MSMEs) play a significant role in job creation and income generation. Sampark – Mortgage Loan is crafted to facilitate easy credit access for the promotion of these MSMEs.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Individual
Rs. 3 lakhs- Rs. 15 lakhs
24-120 months
Monthly
21%-23%
2% + GST
Sampark Advantage
Mortgage Loan
Micro, Small, and Medium Enterprises (MSMEs) play a significant role in job creation and income generation. Sampark Advantage- Mortgage Loan is crafted to facilitate easy credit access for the promotion of these MSMEs.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Individual
Rs. 60,000 - Rs. 5 lakhs
12-72 months
Monthly
23%-26%
2% + GST
Swabhimaan
Micro Enterprise loan
Swabhimaan, also recognized as Micro Enterprise Loan (MEL), is an unsecured loan designed to offer financial support to rural micro-enterprises.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Individual
Rs. 60,000 - Rs. 5 lakhs
12-48 months
Monthly
26%-28%
2% + GST
Suvidha
Consumer Product Loan
The Consumer Products Loan aims to enhance our customers’ lives by providing access to transformative products such as cook stoves, mixer grinders, water purifiers, solar lights, and mobile phones.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Individual
Rs. 5,000 - Rs. 45,000
6-24 months
Monthly
24.75%
2% + GST
Surabhi
Dairy Cattle Loan
The Dairy Cattle Loan addresses customers’ dairy development initiatives, encompassing the acquisition of new cattle to augment income. This loan, extended to women engaged in dairy activities, also incorporates insurance coverage to alleviate potential risks.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Individual
Rs. 60,000 - Rs. 90,000
24 months
Monthly
25%
1.5% + GST
Surabhi 2
Dairy Cattle Loan (Co-lending)
The Dairy Cattle Loan addresses customers’ dairy development initiatives, encompassing the acquisition of new cattle to augment income. This loan, extended to women engaged in dairy activities, also incorporates insurance coverage to alleviate potential risks.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Individual
Rs. 60,000 - Rs. 90,000
24 months
Monthly
20.45% - 25%
1.5% + GST
Two WheelerLoans
Two-Wheeler Loan empowers customers with essential mobility solutions. From scooters to motorcycles, the aim is to enhance our customer’s convenience. Dedicated to improving lives, the loan offers affordable financing options for acquiring two-wheelers, ensuring greater accessibility and ease of travel.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Hypothecated - Individual Loan
Rs. 25,000 - Rs. 1.5 Lakhs
24-36 months
Monthly/Fortnightly
24.24%
2% + GST
Saral
Saral Loans provide access to capital for individuals in underserved or low-income communities, empowering them to launch or expand their businesses, improve their living conditions, or meet urgent financial needs. The loans are tailored for existing MFI customers who have increased their annual income to over ₹3 lakhs and secured a stable source of income
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Individual
Rs. 25,000 - Rs. 80,000
12-36 months
Monthly/Fortnightly
25%
1.5% + GST
Sambhav
Sambhav is an unsecured business loans designed to empower entrepreneurs with quick, hassle-
free funding. Our customer-first approach ensures personalized guidance throughout the loan
process, helping businesses grow with confidence.
Lending Model
Loan Amount
Tenure
Repayment Frequency
Rate of Interest
Processsing Fee
Individual
Rs. 40,000 - Rs. 5 lakhs
12 to 48 months
Monthly
28%-30%
2.5% + GST
*Interest rate for retail loans varies bases on ticket size. As ticket size increases, interest rate decreases.
Disclaimer
Interest rates are calculated on a reducing balance basis per annum access this document for more information: Interest rate disclosure Jul’25
