Group Loan
Smart Micro Services AssociationGroup Loan is a homogeneous group of micro entrepreneurs with affinity among themselves, voluntarily formed to save whatever amount they can conveniently save out of their earnings and mutually agree to contribute to a common fund of the group from which small loans are given to the members for meeting their productive and emergent credit needs at such rate of interest, period of loan and other terms as the group may decide.
With attractive schemes, easy repayment options & lowest interest rates, Smart Micro Services Association , Anyone who is the member of Smart Micro Services Association & owns Group ornaments can apply for Group loan
Feature and Benefits of Smart Micro Services Association
- All resident Individuals Self-employed can avail as a Group
- Simple Documentation.
- Easy EMI payments Option.
- To build mutual trust and confidence between the bankers and the rural/ urban poor.
- CIBIL deviation allowed on satisfactory justification
- Pre-Mature Closure is allowed, subject to applicable charges.
Welcome to Smart Micro Services Association
Our mission is to provide quality guidance, build relationships of
trust, and develop innovative solutions