Group Loan

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Group Loan

Goldshine Micro Foundation

Group Loan is a homogeneous group of micro entrepreneurs with affinity among themselves, voluntarily formed to save whatever amount they can conveniently save out of their earnings and mutually agree to contribute to a common fund of the group from which small loans are given to the members for meeting their productive and emergent credit needs at such rate of interest, period of loan and other terms as the group may decide.

With attractive schemes, easy repayment options & lowest interest rates, Goldshine Micro Foundation, Anyone who is the member of Goldshine Micro Foundation & owns Group ornaments can apply for Group loan

Feature and Benefits of Goldshine Micro Foundation

  • All resident Individuals Self-employed can avail as a Group
  • Simple Documentation.
  • Easy EMI payments Option.
  • To build mutual trust and confidence between the bankers and the rural/ urban poor.
  • CIBIL deviation allowed on satisfactory justification
  • Pre-Mature Closure is allowed, subject to applicable charges.

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