Product And Services

Nimisha Finance India Private Limited (NFIPL) offers credit facility for income generating activities. Their target customer bases are the people who are unable to avail credit facility from the existing banking system on account of lock of access or collateral security. The product is simple in design so that our customers find it easy to comprehend. Currently NFIPL offers loans based on JLG model starting 20000/- to 30000/- The product detail is as under: -

For 1 Year Loans
# Product
1 Loan Amount 20000 25000 30000
2 Tenure 26 26 26
3 Frequency Weekly/ Fortnightly/ Monthly Weekly/ Fortnightly/ Monthly Weekly/ Fortnightly/ Monthly
4 Insurance 307 384 460
5 Processing Fees @ 1% 200 250 300
6 GST on Processing Fees (18%) 36 45 54
7 ROI 26% 26% 26%