Loan Product
Loan Product Loan Amount (Rs.) Loan term / tenure Fees and other charges (Rs. Or %) Saving component (if attached with loan ) Interest Rate Insurance Premium(Rs.) Repayment Method (Monthly/ Fortnightly/Weekly/Quly.)
Micro loan 20000-30000 1 year 1% Processing fees NA 26% As per IRDA Weekly or as per Borrower’s Choice
SME loan 31000-100000 2 years 1% Processing fees NA 26% As per IRDA Weekly or as per Borrower’s Choice
Renewable Energy loan 1000-100000 1 year nil NA 10% As per IRDA Weekly or as per Borrower’s Choice
House Repairing 30000-100000 1 year nil NA 24% As per IRDA Weekly or as per Borrower’s Choice

Criteria of Microcredit Dispensation

DCBS has designed various loan products suitable to needs of its clients. Its aim has always been to design products that best address the challenges faced by poor members. All loan products of DCBS have the following common features:

  • Exclusive for women
  • Must fulfill member ship criteria as per DCBS operational manual
  • Regular attendance in group meeting
  • Loan only for income generation activities
  • Covered under insurance
  • Available within 1 week from submission of loan application
  • Multiple options of repayments –weekly/fortnightly/monthly.
  • Door step collection.
  • One time attendance at branch office for disbursal of loan.
  • No collaterals.
  • No margin money.