Product Details

Joint Liability Group

Joint Liability Group Loans are given to individuals in a group comprising a min of 5 & a max of 15 women.

Product

Loan Amount

Annualised interest rate on a reducing balance basis

Processing fees

Tenure

Repayment frequency

Purpose

Shaurya JLG

Shaurya JLG + HospiCash

20,000 to 40,000

20,300 to 40,600

25.35%p.a

1 % on Loan amount plus GST as applicable

12/18/24 months

Monthly

Small Business, Animal Small Business, Animal Household etc.

Moratorium period of above products is 1 month.

Life Insurance: Currently Kapil Capital has tied up with Aviva Life Insurance which covers its customers and their spouses/nominee under group term life insurance.

*The above product is available as per the Credit Policy and disbursement of the same shall be at the sole discretion of Kapil Capital.

Supplementary Products

Our supplementary product and services are specifically designed to facilitate the use of the core service or to enhance it.

Hospicash: We offer an affordable medical cum income protection insurance option to our Clients in collaboration with Aditya Birla Health Insurance. Under the claim the client and family members are received a fixed benefit amount in case of hospitalization due to illness or accident. Additionally we are also providing an accidental death benefit
to the borrower. Hospicash protects the client from high indebtedness due to sudden hospitalization.

*Kindly note: **The Supplementary Products are optional (voluntary) as per the request of the client**
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