Home Appliances
Loan size (Rs) Min: 500 Max: 15000
Tenure 52 to 104 weeks
Rate of interest (On diminishing balance method) 22.50% to 25.00%
Repayment Frequency Weekly, Monthly
Mobile Phone
Loan size (Rs) Min: 500 Max: 15000
Tenure 52 to 104 weeks
Rate of interest (On diminishing balance method) 22.50% to 25.00%
Repayment Frequency Weekly, Monthly
Loan Details
  1. Product loans are provided to purchase quality home appliances, mobile phones, and other related products. These loans are intended to increase the quality of life of our customers
  2. Women Joint Liability Group members of KPB Fincare are eligible for this loan
  3. 1% Processing fee and 18% GST is applicable for all loans
  4. Maximum of 2% of loan amount is applicable for Member Insurance
  5. Maximum of 2% of loan amount is applicable for Guarantor Insurance
  6. Additional Interest of 22.50% to 25.00% will be charged against defaulted EWIs (Equated Weekly Instalments)
  7. Moratorium period would be equal to the periodicity of the loan (i.e., 7 days for weekly, 1 calendar month for monthly etc.)