IGL Product

SCNL offers its clients income generating loan (IGL) product based on their repayment ability. These loans are given under the Joint Liability Group (JLG) lending model or on an individual lending basis. The loans are used for a variety of economic activities and eventually help increase the income generating capacity of our borrowers. Animal husbandry, production, service and trade are major sub-sectors where income generating loans are deployed. Employment, social welfare and healthy working environment are the key by-products of the business of the company.

S. No. Loan Amount LOAN PRODUCT ONE YEAR
Bi-weekly (14 days) Processing fee Insurance fee
1-25 Instal. Last Total Intrest IRR APR
1 5000 215 214 589 21.99% 24.02% 60 70
2 6000 260 197 697 21.88% 23.93% 70 84
3 7000 305 188 813 21.99% 24.05% 82 98
4 8000 345 314 939 21.98% 24.01% 94 112
5 9000 390 301 1051 21.98% 24.03% 106 126
6 10000 430 428 1178 21.99% 24.02% 118 140
7 11000 475 413 1288 21.96% 24.00% 130 154
8 12000 520 400 1400 21.96% 24.01% 142 167
9 13000 560 527 1527 21.97% 24.00% 154 181
10 14000 610 375 1625 21.98% 24.04% 166 195
11 15000 650 502 1752 21.98% 24.03% 178 209


S. No. Loan Amount ONE AND HALF YEAR
Bi-weekly (14 days) Processing fee Insurance fee
1-38  Instal. Last Total Intrest IRR APR
1 16000 490 175 2795 21.98% 23.41% 188 339
2 17000 520 210 2970 21.99% 23.39% 200 360
3 18000 550 250 3150 21.97% 23.39% 212 381
4 19000 580 290 3330 21.98% 23.40% 224 402
5 20000 610 331 3511 21.99% 23.40% 236 424
6 21000 640 365 3685 21.97% 23.38% 248 445
7 22000 670 409 3869 21.99% 23.40% 260 466
8 23000 700 440 4040 21.96% 23.37% 272 487
9 24000 730 480 4220 21.96% 23.37% 284 508
10 25000 760 525 4405 21.99% 23.40% 296 529


S. No. Loan Amount LOAN PRODUCT (TWO YEAR)
Bi-weekly (14 days) Processing fee Insurance fee
1-51  Instal. 52 Instal Total Intrest IRR APR
1 26000 620 595 6215 21.97% 23.05% 306 724
2 27000 645 540 6435 21.96% 23.04% 318 752
3 28000 670 495 6665 21.98% 23.06% 330 780
4 29000 695 450 6895 21.99% 23.07% 342 808
5 30000 720 390 7110 21.97% 23.05% 354 835
6 31000 740 665 7405 21.98% 23.06% 366 863
7 32000 765 614 7629 21.98% 23.06% 378 891
8 33000 790 560 7850 21.98% 23.06% 390 919
9 34000 815 510 8075 21.98% 23.06% 402 947
10 35000 840 458 8298 21.98% 23.06% 414 975
11 36000 860 720 8580 21.96% 23.04% 424 1002
12 37000 890 360 8750 21.98% 23.07% 436 1030
13 38000 910 630 9040 21.98% 23.07% 448 1058
14 39000 930 890 9320 21.97% 23.05% 460 1086
15 40000 960 530 9490 21.99% 23.07% 472 1114
16 41000 980 780 9760 21.96% 23.03% 484 1142
17 42000 1005 750 10005 21.99% 23.07% 496 1169
18 43000 1030 700 10230 21.99% 23.07% 508 1197
19 44000 1050 960 10510 21.98% 23.05% 520 1225
20 45000 1080 600 10680 21.99% 23.08% 532 1253
21 46000 1100 860 10960 21.98% 23.06% 542 1281
22 47000 1120 1120 11240 21.97% 23.04% 554 1309
23 48000 1150 750 11400 21.97% 23.05% 566 1336
24 49000 1175 700 11625 21.97% 23.05% 578 1364
25 50000 1200 650 11850 21.97% 23.05% 590 1392