Product & Services

PRODUCTS & SERVICES :

SFS offers financial products and services to its clients. The major focus of the company is on Small and Micro Enterprises Loans.

Name of the Products Purpose Loan Amount Rate of Interest Tenure
Sampark Shakti Micro Enterprise 20,000 - 50,000 26% 12 to 24 months
Sampark Awas House Repair 20,000 - 1,00,000 15% 12 to 36 months
Sampark Dakshyata Skill linked Enterprises 5,000 - 20,000 24% 12 months
Sampark Sikshya Education 30,000 - 1,00,000 24% 12 to 24 months


  DESCRIPTION   Loan for the Underserved women to make them Financially & Socially Independent
LENDING METHOD JLG/Individual  
LOAN AMOUNT Individuals : INR 30000 to 50000  
LOAN TERM 12 months to 36 months
SECURITY No Collateral  
RATE OF INTEREST 15-26%
PROCESSING FEES 1%
MORATORIUM PERIOD 1 month. 2 months in case of Sampark Awas
INSURANCE PREMIUM As per Table 1   
REPAYMENT FREQUENCY Monthly  
MODE OF DISBURSEMENT Cashless  
MODE OF REPAYMENT

Table1

Tenure Premium per INR 1000/- (Loanee) Premium per INR 1000/- (Nominee)
12 months INR 4.845 INR 4.845
18 months INR 9.677 INR 9.677
24 months INR 9.677 INR 9.677

Particulars

Description

Name of the Product

Pragati Loan

Loan Amount Offered

30,000 – 1,00,000
Total Outstanding shouldn’t be more than INR 2,50,000/- (Including applied loan and Excluding HL/BL/Vehicle loan)

Loan Tenure

12 months – 24 months

Age Criteria

21 – 60 years

Target Customers

Micro, Small & Medium sized small shops, retail stores, small manufacturing units, dealers, traders, and service providers engaged in various industries

Legal Constitution (Main Borrower)

Individuals & Proprietorship

Insurance Coverage

Entire loan amount to be covered with tenure

Security

No Collateral

Repayment Frequency

Monthly

Mode of Disbursement

Cashless

Mode of Repayment

Cashless

Particulars

Description

Name of the product

Sampark - DCB

Lending Method

JLG

Target Members

Women members having potential business or Agri allied activities 

Age limit

20 to 58 years

Group composition

4 to 20 member

Loan Amount

10 to 50000 (multiple with 1000)

Tenure

12 months to 24 months

ROI

26% reducing

Loan Processing Fee

1%

Security

Group as Guarantor

Repayment Frequency

Monthly                  

Moratorium

Min 30 days

Mode of Disbursement

Cashless

Mode of Repayment

Cash/Cashless