Products & Services - Saija Finance Private Limited

Product	Features	Purpose	Terms & Conditions
SAIJA Karobar Rin (SKR)	Loan Range: Rs.5,000 – Rs.1,00,000 Up to Rs. 30000 (for 1-year tenure) Rs. 31000- Rs 1,00,000 (for 2 Years tenure) Repayment Mode: Fortnightly/Monthly Interest rate: 22.33% per annum (diminishing) Processing fee: 1% of loan amount including GST Methodology: JLG of 4 to 6 members	Provides financial assistance to self-employed men & women to support their business enterprises, such as: Increase in working capital Purchase of fixed assets Expansion & Improvement in business	Interest rate: 22.33% per annum (diminishing) Processing fee: 1% of loan amount including GST Insurance Fee: 2.5 Rupees /Thousand / Insured Life + GST 18% of the processing fee Prepayment Penalty: No charges Late Payment Fee: No charges
SAIJA Mahila Rin (SMR)	Loan Range: Rs.5,000 – Rs.1,00,000 Up to Rs. 30000 (for 1-year tenure) Rs. 31000- Rs 1,00,000 (for 2 Years tenure) Repayment Mode: Fortnightly/Monthly Interest rate: 22.33% per annum (diminishing) Processing fee: 1% of loan amount including GST Methodology: JLG of 06 to 30 members	Provides financial assistance to women to support Income-generating activities in their household. Genuine consumption needs such as education, household improvement, etc.	Interest rate: 22.33% per annum (diminishing) Processing fee: 1% of loan amount including GST Insurance Fee: 2.5 Rupees /Thousand / Insured Life + GST 18% of the processing fee Prepayment Penalty: No charges Late Payment Fee: No charges
Saija Vridhi Rin	Loan Range: Rs. 10,000/- to 20,000/- Repayment mode: Fortnightly/Monthly Interest Rate: 22.33% per annum (diminishing) Processing Fee: 1% including GST Methodology: JLG	Purchase of Non-Grid Solar Product	Interest rate: 22.33% annum (diminishing) Processing fee: 1% including GST Insurance Fee for Client: Rs.2.5 /1000/life per annum. Insurance fee for Client and Spouse: Rs.2.5/1000/life per annum. Prepayment penalty: 0 Late payment fee: 0
SAIJA Urja Rin (SUR)	Loan Amount: Rs. 1899 Frequency: 13 Fortnightly installments Interest Rate: 22.33% per annum (diminishing) Processing Fee: 1% of loan amount including GST	Provides financial assistance to clients for: Purchasing solar lighting products This decreases the dependence of clients from traditionally used harmful to health oil lamps and increasing the use of clean and renewable energy	Interest rate: 22.33% per annum (diminishing) Processing fee: 1% of loan amount including GST Service Tax: 15% Prepayment Penalty: No charges Late Payment Fee: No charges
Saija Phone Rin	Loan Range: Rs. 7000 Repayment mode: Fortnightly/Monthly Interest Rate: 22.33% per annum (diminishing) Processing Fee: 1% including GST Methodology: JLG	Purchase of Non-Grid Solar Product	Interest rate: 22.33% annum (diminishing) Processing fee: 1% including GST Insurance Fee for Client: 12 Insurance fee for Client and Spouse: 24 Prepayment penalty: 0 Late payment fee: 0
Saija Jal Rin	Loan Range: Rs. 3399 Repayment mode: Weekly/Fortnightly/Monthly Interest Rate: 22.33% per annum (diminishing) Processing Fee: 1% including GST Methodology: JLG	Purchase of Non-Grid Solar Product	Interest rate: 22.33% annum (diminishing) Processing fee: 1% including GST Insurance Fee for Client: 12 Insurance fee for Client and Spouse: 42 Prepayment penalty: 0 Late payment fee: 0