YA Microcare introduced YA MSME Loan which is provided to self-employed individuals & people who have been operating small businesses for more than two years in a similar line of business. We provide cheap and accessible loans to people who are engaged in earning a livelihood and are trying to expand or diversify their business.

Product Features and Eligibility

Loan Amount ₹ 30,000 to 2,00,000
Tenure 18 to 24 Months
Processing Fee 1.25% + Applicable GST
Rate of Interest 24%
Repayment Frequency Weekly/ Monthly
Foreclosure Charges As Applicable
Collateral Type Collateral Free Loan
Loan Type Individual
Nationality Indian
Industry Type Manufacturing, Trading & Services
Customer Profile Self Employed Non-Professional or Proprietorship
Business Vintage ≥2 years (In same business line)
Age Criteria 21 to 60 Years
Residence Type Residential or Business place to be owned
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