Loan Opportunity: Earn Under Rs 3 Lakh Annually? Secure Up To Rs 1.25 Lakh – Here's How

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Low Income? Get Up To Rs 1.25 Lakh Loan Without Security: Here's How

Here’s who can apply, how it works, and what rules you should know. (Representative Image)

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News18•27-02-2026, 13:26

Low Income? Get Up To Rs 1.25 Lakh Loan Without Security: Here's How

•Microfinance loans offer credit up to Rs 1.25 lakh for families earning below Rs 3 lakh annually.
•These loans are collateral-free, designed for those unable to access traditional bank credit.
•RBI defines microfinance loans as collateral-free for low-income households, covering needs like education, farming, and small businesses.
•Loan amounts range from Rs 10,000 to Rs 1.25 lakh, with repayment periods of one to three years.
•Monthly repayments cannot exceed 50% of household income, and borrowers can repay early without extra charges.

Read Full Article on News18 in English

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