Village Financial Services is a microfinance lender that started its operations during FY15-16. The lender offers credit solutions for varied purposes to individuals who belong to economically weaker sections of society. The loans offered by the lender include the Briddhi Loan, Sri Briddhi Loan, SME Loan, etc. Read on to know about the particulars of the loans offered by Village Financial Services.
The loan products that are offered by Village Financial Services include:
Individuals who are in need of funds for income generating activities or to run their businesses can avail a loan from Village Financial Services. The lender offers credit to applicants in a timely manner and, thus, helps borrowers become economically self-sufficient.
If you have found a loan product that suits your requirements, you can contact the lender through the contact number, fax number, or email ID, which is mentioned on the lender’s website. You can also visit the lender’s official website and key in the required details into the ‘Contact Us’ form. Post this, the lender will reach out to you to take the process forward. You can also visit the lender’s branch to directly apply for a loan.
Both loans are available to JLG members. However, those who wish to opt for a higher loan amount with a longer repayment term can opt for the Sri Briddhi Loan.
This will vary based on the lender’s terms and conditions. It is advisable to contact the lender to know if you will be required to submit collateral or have a guarantor when applying for the loan.
You will have to repay the loan amount in Equated Monthly Installments (EMIs), unless otherwise mentioned.
The minimum loan amount that you can opt for is Rs.50,000.
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