Jaro Micro & Small Business Loan Jaro endeavors to provide income generating loans to micro and small business enterprises. The intention behind providing such loans is to help borrowers build income generating assets with the help of the loan amount and to enable them to pay loan installments from additional income generated from such assets.
Loan is also provided to meet working capital needs so as to enable the borrowers to build inventory as well as avail cash discount while procuring inventory.
Loan size :- Up to Rs. 25.00 Lakhs (depending on the security available)
Tenure :- 12 to 60 months
Purpose :- To purchase productive assets or to meet working capital needs.
Interest rates :- Competitive rates as prevailing in the market and on the basis of security or risks associated with the loan.