MFI Loans to individuals and members of SHG &JLG

KVB offers collateral free microfinance to Individual/s belonging to low income household having annual income upto Rs.3,00,000. It is designed not only to support entrepreneurship and elevate poverty, but also to empower women and uplift communities by extending financial services.

Rate of Interest for Microfinance Loans
A microfinance loan is defined as a collateral-free loan, irrespective of end use and mode of application/processing/disbursal (either through physical or digital channels), provided to a household having annual household income up to Rs.3,00,000. The household shall mean an individual family unit, i.e., husband, wife and their unmarried children.

Rate of Interest for Microfinance Loans
Minimum16%
Maximum26%
Average23%

KVB may be held accountable for conduct of its employees or employees of the outsourced agency.KVB shall strive to provide fair and timely redressal to any such grievances raised by borrowers.

  • Flexible

    Towards the people

  • Sensitive

    Towards the situation

  • Responsive

    Towards the informal Credit System