Maarg, a division of individual lending services of GFSPL, was initiated in December 2007. Maarg offers loans to urban micro entrepreneurs to promote their business initiatives. Transparency in transactions, minimal paperwork, low disbursement time, competitive interest rates and flexible repayment options are the hallmarks of these loans.
Along with providing business loans to manage micro & small enterprises, Maarg has been reaching out to those in need of educational loans as well. Maarg provides 'Shiksha Loan' to the members to help them support their kids' education.
| Features | Loan Amount | Interest Rate | Processing Fee | Repayment Frequency | Repayment Period |
|---|---|---|---|---|---|
| Maarg Siksha Loan |
Rs 10,000- Rs 15,000 |
28.28% (on reducing balance) |
Rs 100 per loan |
Weekly, Bi-weekly, Monthly |
3 months – 9 months |
| Individual Loan (Micro-Enterprise Loan) |
Rs 10,000- Rs 50,000 |
36% (on reducing balance) |
2% of loan amount |
Weekly, Bi-weekly, Monthly |
3 months – 9 months |