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Loan Products

Sl.No. Name of the Product Loan sizeInterest rate
(Reducing balance)
LPFInsurance & Admin chargesNo. of installments
1IGP / Micro-enterprises 20000 to 10000011 % to 18 % (depends on the banks) reducing balance 1%Actual12 -36 months
2Education20000 to 100000 11 % to 18 % (depends on the banks) reducing balance 1%Actual12 -36 months
3Housing up-gradation 20000 to 100000 11 % to 18 % (depends on the banks) reducing balance 1%Actual12 -36 months
4Agri-allied & ME (MPF) 20000 to 100000 11 % to 18 % (depends on the banks) reducing balance 1%Actual12 -36 months
5Consumer Durables 20000 to 50000 11 % to 18 % (depends on the banks) reducing balance 1%Actual6-12 months

LOAN PRODUCTS GUIDELINES

GMF is complying with all the guidelines as prescribed by RBI vide letter dated 3rd May 2011 (Based on Malegam Committee recommendations) pertaining bank loans to Micro-Finance Institutions.

About Us

GMF – Gramalaya Microfin Foundation is a non-profit organization registered as a Section 25 company founded in the year 2011 with the objective of eradicating poverty through livelihood promotion activities through increased access to financial services.

REPORTS

Contact Us

Gramalaya Microfin Foundation
No.34 Wins anbu avenue,
Next to selvam nagar,
Kulumani main road, Trichy-620102.
Tamil Nadu, India

Phone    : 0434-2960134
Mobile   : 7397787542
Email id : associategmf@gmail.com

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