LOANS FOR ENTERPRISES

Enterprises that are too big for microfinance yet not big enough to conveniently access conventional bank funds are serviced by Janalakshmi’s Enterprise Financial Services (EFS) initiative. We offer four uniquely designed products.

Super Nano Loan

An enhanced service designed to support the growing credit requirements of micro or small enterprises belonging to existing Nano loan customers. The Super Nano loan is also offered to customers in the open market, who have a favourable credit history with other financial institutions.

Loan size

From INR 2,00,000 to
INR 6,00,000

Tenure

Up to 60 months

Interest Rate

Minimum 23% p.a.
Maximum 24% p.a.

Micro, Small and Medium Enterprise (MSME) Loan

The loan is for MSMEs (mostly in the unorganised sector) seeking working capital and term loans. The loan is delivered to the customer’s
doorstep across select cities. To assess eligibility and serve this segment, Janalakshmi employs sophisticated assessment tools and underwriting techniques.

Loan size

From INR 2,00,000 to
INR 50,00,000

Tenure

Flexible repayment option of
12 to 48 months,
with part payment facility
and top-up loans.

Interest Rate

Minimum 18% p.a.
Maximum 26% p.a.

Long-Term Business Loans

This product addresses the liquidity needs of micro, small and medium entrepreneurs, those whose capital is locked in real
estate but are not considered an attractive financing option by traditional lenders. The LTBL provides financing against self-owned
and occupied property. It offers customers funding for long-term growth while keeping EMIs affordable.

Loan size

From INR 5,00,000 to
INR 50,00,000

Tenure

Up to 60 months

Interest Rate

Minimum 18% p.a.
Maximum 26% p.a.

Equipment and Machinery Financing

A quick loan facility for micro, small and medium enterprises to purchase new or used machines and thus upgrade technology to try and
achieve greater economies of scale.

Loan size

From INR 2,00,000 to
INR 50,00,000

Tenure

Up to 60 months

Interest Rate

Minimum 18% p.a.
Maximum 26% p.a.