Fincare Small Finance Bank

Micro Loans

Loans that change livelihood


Product Features

Features Attributes
Loan Amount
  • Minimum Loan Ticket size is ₹ 18,000/-
  • Maximum Loan Ticket Size is ₹ 70,000/-
Age Group
  • Between 18 to 59 years on the day of onboarding
Loan Tenure
  • Minimum 18 months
  • Maximum 24 months
  • Group guarantee
Processing Fee*
  • 1.5% Processing Fee for Loan Products with Ticket size > ₹ 25,000/-
  • No processing Fee for loan Products with Ticket size <= ₹ 25,000/-

*GST applicable on Processing Fee
Rate of Interest*
  • Minimum ROI is 25.25% p.a.
  • Maximum ROI is 26% p.a.
  • Rates effective from 1st May 2023

  • Loan amount is applicable for FY 2024

  • Product features are subject to changes from time to time as stipulated by bank through its communication channels

Eligibility Criteria

Applicants must meet the following requirements to be eligible* for the loan:

  • Annual Household Income upto to 3 Lakh, where household shall mean an individual family unit, i.e., husband, wife, and their unmarried children. (Referring RBI master Direction dated 14th March’22)

  • Female borrowers only as stipulated in Bank’s Group lending policy.

  • Loans will be provided only for income generating activities.

  • Should not have an adverse credit record.

  • Should be willing to take up group guarantee.

  • Other Terms and Conditions for Group loans are applicable*.


Bank reserve rights to reject the loan application which are not falling under Bank’s Group Lending policy and specified Terms & conditions and follows environmental, social, and ethical governance (ESG) framework to filter out negative profiles.

KYC Documents

Applicants must produce the below KYC documents at the time of onboarding for authentication.
Primary KYC ID Secondary KYC ID
  1. Aadhar
Anyone of below KYCs-
  1. Voter ID
  2. Ration Card
  3. PAN card
  4. Driving License
  • Residence Proof: Any of the valid KYC documents
  • In case if PAN card is not available, applicant must provide Form 60.
For further information, please contact the nearest Fincare Small Finance Bank branch or call 1800 313 313

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