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Name of the Product Individual Emergency Loan

Methodology Individual Lending

Purpose Business diversification for Annapurna Microfinance Pvt. Ltd.

Eligibility Minimum 18 yrs of age, citizen of India

Loan Size Minimum Rs.1,000 to Maximum Rs.10,00,000

Documents Residence proof and Id proof

Margin Up to 90% of gold

Loan Tenure Depends (Interest calculated on daily basis)

Repayment Frequency Weekly

Repayment Location Branch

Interest Rate Link to Excel sheet

Processing Fee Not applicable

Insurance Premium

Late Payment Penalty 1% per month

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