Cashpor Micro Credit

Cashpor Micro Credit is a poverty focused microfinance institution based out of Varanasi, identifying women below the poverty line in rural eastern Uttar Pradesh, Bihar and Chhattisgarh, and providing them with micro credit services for income generation.  

Cashpor Micro Credit is exempted from registration with the Reserve Bank of India and uses a dual lending model of direct lending and Lending under the banking correspondence model.

Cashpor Micro Credit Interest Rate

Loan Product Name

One Year Loan

Two-Years Loan

Processing Fee

Income

Generating

Loan (IGL)

17.50%

17.50%

1% + GST

Flexi Loan

19.50%

19.50%

N/A

Bridge Loan

17.50%

N/A

1% + GST

WATSAN Loan

17.50%

N/A

N/A

Urja Loan or Energy Loan

17.50%

N/A

N/A

Women Empowerment Loan

14.00%

N/A

N/A

Emergency Loan

15.94%

N/A

N/A

With Partner Banks Interest Rate

Name of the Partner

Bank

One Year Loan

Two-Years Loan

Flexi Loan

Processing Fee

SIDBI

N/A

16%

16%

1% + GST

IndusInd Bank

21.25%

21.25%

N/A

1%

IDBI Bank

22.25%

22.25%

22.25%

N/A

ICICI Bank

21.50%

21.50%

21.50%

N/A

Kotak Bank

22%

22%

22%

0.5%

IDFC First Bank

22%

22%

22%

N/A

Cashpor Micro Credit FAQs

  • Is it possible to foreclose loans of this type?

    Clients can foreclose these loans after 35 weeks without penalty.

  • How can I contact Cashpor Micro Credit by phone?

    You can call the number 18004191114 in case of any queries.

  • What is Cashpor Micro Credit email ID?

    You can send your queries via mail to the email id info@cashpor.in.

  • Where is Cashpor Micro Credit headquarters located?

    The Cashpor Micro Credit headquarters is located in Varanasi, Uttar Pradesh.

  • Does Cashpor Micro Credit provide the Client Grievance Redressal facility?

    Yes, Cashpor Micro Credit offers the Client Grievance Redressal facility to its customers.

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