Dirishakthi Covid - 19 Support Loan
To assist Micro entrepreneurs affected due to COVID -19 pandemic
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The loan amount will be decided based on your requirement and repayment capacity subject to maximum 75% of the total investment in the project
You will receive a maximum repayment period up to 05 years depending the repayment capacity
Micro entrepreneurs (either self-employed or employing less than ten employees) involved in any livelihood activity above 18 years of age can apply.
The two main mechanisms for the delivery of financial services to such clients are :
(1) Relationship-based banking for individual entrepreneurs and small businesses
(2) Group-based Loans, where several entrepreneurs with similar needs come together to apply for loans and other services as a group.
Purchase of land, machinery, vehicles, and other fixed assets which are essentially required for the project.
Construction of building and infrastructure development required for the project.
Working capital requirements.
Investments relating to housing purposes of existing micro borrowers.
Details and terms & conditions mentioned in this page may change from time to time. Please contact the nearest branch for prevailing details and terms & conditions.
Please feel free to use our Product Enquiry Form. Our representatives will get in touch.