Loan

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A. Group Based Loan (Without Collateral) 

  1.  General Loan : This loan is given to those customer who completes the Compulsory Group Training (CGT), Pre-Group Test (PGT), Group Recognition Test (GRT) and have a income generating activities. The Loan ceiling is up-to Rs.5,00,000/- or as per Nepal Rastra Bank Directives. The duration of Loan will be maximum 5 years and interest rate will be 15 percent.
  2. Seasonal Loan : This loan is used for seasonal type of income generative activities i.e. purchasing and selling of agriculture products and animals in festival session, purchasing chemical fertilizer, seeds and other agriculture or business inputs and is accessible to clients who have successfully completed one year of General Loan. Seasonal Loan ceiling is up-to Rs. 50,000/- or limit define as per Nepal Rastra Bank Directives. The duration of Loan will be maximum 1 years and interest rate will be 15 percent.
  3. Emergency Loan : This loan is given to those clients who have suffering from natural disaster.  Loan ceiling is up-to Rs. 20,000/- or limit define as per Nepal Rastra Bank Directives. The duration of Loan will be maximum 2 years and interest rate will be 12 percent.
  4. Short Term Loan: This loan is given to those clients who have need contingency fund for relief from uncertain incidents and also to those clients who is in immediate need of money for running a small business such as hotel, vegetable shop, fancy, workshop, and other open air market i.e Hat etc.  Loan ceiling is upto Rs. 20,000 in the first year, Rs. 30,000 in second year and Rs. 50,000 in third year where interest rate will be Zero percent.

B. Collateral Loan (Group Based & Individual) :

  1. Micro Enterprises Loan : Infinity Microfinance Bittiya Sanstha Ltd. provide Micro Enterprises loan for development of customer business either group based or individual.  Loan ceiling is up-to Rs. 15,00,000/- or limit define as per Nepal Rastra Bank Directives. The duration of Loan will be maximum 3 years and interest rate will be 15 percent.
  2. Alternative Energy Loan : This loan is given to those customer who have successfully completion of 2 years in General Loan and demand for manufacturing Bio-Gas plant and solar power.  Loan ceiling is up-to Rs. 40,000/- without Collateral or Rs. 60,000/- Collateral and limit define as per Nepal Rastrya Bank Directives. The duration of Loan will be maximum 3 years and interest rate will be 15 percent.
  3. Foreign Employement Loan : This loan is given to the clients who wants to go abroad for the employement opportunity.Loan limit is upto Rs. 1,50,000 and the duration of the loan will be maximum 2 years and interest rate will be 15 percent define as per Nepal Rastra Bank
  4. Personal Micro Enterprise Loan : This loan is given to the clients who wants to start their personal business.Loan limit is upto Rs. 15 lakhs and the duration of the loan will be maximum 10 years and interest rate will be 15 percent define as per Nepal Rastra Bank.
  5. Infinity Subsidize Loan : This loan is given to the clients who wants to do large agricultural business.Loan limit is upto Rs. 5 crore and the duration of the loan will be maximum 10 years and interest rate will be base rate plus 2 percent.
  6. Infinity Sambridhi Loan : This loan is given to the clients who have sucessfully completed 1 year in other loan.Loan limit is upto Rs 300,000 and the duration of the loan will be maximum of 5 years and interest rate will be 15 percent.
  7. Home and Residential Loan: This loan is given to the clients who wants to buy land and house as well as house maintainance.Loan limit is upto Rs 15,00,000 and the duration of the loan will be maximum of 10 years and interest rate will be 15 percent.
  8. Consumer Loan (Upabhokta Loan) : This loan is given to the clients who wants to purchase auto vehicles such as Auto Riksa, Tampoo, E-riska, Magic.Loan limit is upto Rs 5,00,000 and Rs 3,00,000 for individual and group with collateral and the duration of this loan will be maximum for 10 years.The interest rate of this loan will be 14 percent and service charge will be 1.25 percent.

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