Water and Sanitation loans
In this connection we have designed products such as loans for construction of Toilets, Toilet cum bathroom, Purchase of Water filter including RO water purifier, Construction of sump, Overhead tank an repairs to the existing toilets.
Eligibility
Members of the SHG group who have already availed general purpose loan once
Unit costs
| Sl.No | Name of the Product | Maximum unit cost | Remarks |
|---|---|---|---|
| 1 | Water Filter | ` 3,000/- | Which includes cost of additional battery kit |
| 2 | Water Connection | ` 5,000/- | |
| 3 | Water connection with sump | ` 10,000/- | |
| 4 | Toilet | ` 15,000/- | |
| 5 | Toilet cum bathroom | ` 20,000/- | |
| 6 | Toilet renovation | ` 10,000/- |
Loan tenure
Based on the cash flow of the house hold and the maximum loan tenure is 24 months with monthly repayments.
Interest rate
• All loans are with interest rate of 24%.
• Interest is not compounded and on reducing balance.
