Loan Products

Belstar provides collateral-free loans under both SHG and JLG models for legally permitted enterprise creation or strengthening, in both farm and non-farm sectors.

Our loan products have evolved over the years to suit the requirements of our customers to build assets, create a sustainable livelihood and generate income to support a range of household needs.

In line with our mission, a major portion of our portfolio is committed towards livelihood enhancement in the form of loans to agriculture and allied activities, production and manufacturing, service provision, trade and business and for micro, small and medium enterprises. Only a small fraction of loans are given for other purposes.

Micro Enterprise Loan (GST-18%)

Loan Amount

15000

per member
Repayment Terms

12

months

Moratorium Period

1

month

Interest Rate

23.5%

Processing Fee

1%

on loan amount

Loan Amount

25000

per member
Repayment Terms

18

months

Moratorium Period

1

month

Interest Rate

23.5%

Processing Fee

1%

on loan amount

Loan Amount

20000

per member
Repayment Terms

12

months

Moratorium Period

1

month

Interest Rate

23.5%

Processing Fee

1%

on loan amount

Loan Amount

30000

per member
Repayment Terms

24

months

Moratorium Period

1

month

Interest Rate

23.5%

Processing Fee

1%

on loan amount

Loan Amount

30000

per member
Repayment Terms

24

months

Moratorium Period

1

month

Interest Rate

23.5%

Processing Fee

1%

on loan amount

Loan Amount

40000

per member
Repayment Terms

24

months

Moratorium Period

1

month

Interest Rate

23.5%

Processing Fee

1%

on loan amount

Loan Amount

50000

per member
Repayment Terms

24

months

Moratorium Period

1

month

Interest Rate

23.5%

Processing Fee

1%

on loan amount

Loan Amount

60000

per member
Repayment Terms

24

months

Moratorium Period

1

month

Interest Rate

23.5%

Processing Fee

1%

on loan amount

Sanitation loan (GST-18%)

Loan Amount

10000

per member
Repayment Terms

12

months

Moratorium Period

0

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

20000

per member
Repayment Terms

12

months

Moratorium Period

0

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

25000

per member
Repayment Terms

12

months

Moratorium Period

0

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Small and Medium Enterprise (GST-18%)

Loan Amount

100000

per member
Repayment Terms

30

months

Moratorium Period

0

month

Interest Rate

24%

Processing Fee

1%

on loan amount

Loan Amount

150000

per member
Repayment Terms

30

months

Moratorium Period

0

month

Interest Rate

24%

Processing Fee

1%

on loan amount

Loan Amount

200000

per member
Repayment Terms

30

months

Moratorium Period

0

month

Interest Rate

24%

Processing Fee

1%

on loan amount

Loan Amount

75000

per member
Repayment Terms

30

months

Moratorium Period

0

month

Interest Rate

24%

Processing Fee

1%

on loan amount

Consumer Goods Loan (GST-18%)

Loan Amount

3000

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

3500

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

4000

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

1500

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

5000

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

6000

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

6500

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

7000

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

7350

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

7500

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

8000

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

8500

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

9000

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

9500

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

10000

per member
Repayment Terms

10

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

10500

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

11000

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

11500

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

12000

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

12500

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

13000

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

14000

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

14500

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

15000

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

15500

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Loan Amount

16000

per member
Repayment Terms

24

months

Moratorium Period

2

month

Interest Rate

25%

Processing Fee

1%

on loan amount

Education Loan (GST-18%)

Loan Amount

20,000

Repayment Terms

12

months

Moratorium Period

0

month

Interest Rate

25%

Processing Fee

2%

on loan amount

Insurance

The capacity to absorb economic shocks is one of the key requirements for sustainability of small businesses. The poor always stand the risk of slipping back into the poverty net after natural events such as floods; draughts, cyclones, etc. These events, frequently witnessed in recent times, affect the poor with more intensity than the non-poor. Keeping this in view Belstar offers a life insurance cover along with each of its loan products. All borrowers are insured for life, covering the entire loan exposure and repayment duration.

` ` `
Loan Product Loan Amount Sum assured Term Premium
Micro Enterprice Loan 15000 20000 12 81
20000 25000 12 101
30000 35000 24 281
40000 45000 24 362
50000 55000 24 442
60000 65000 24 522
Consumer Goods Loan up to 10000 10000 12 41
11000 to 15000 15000 24 121
16000 16000 24 129
Education Loan 20000 25000 12 101
Sanitation loan 10000 15000 12 61
20000 25000 12 101
25000 30000 12 121
SME 75000 75000 30 Based on member age
100000 100000 30 Based on member age
150000 150000 30 Based on member age
200000 200000 30 Based on member age