Micro Finance Loan


Microfinance customers are typically under / unbanked individuals or groups who do not have access to traditional financial resources. They are self-employed, and typically home-based entrepreneurs. In rural areas, the customers are typically those engaged in small-scale income generating activities - farming, food processing, trade, etc. Microfinance Loans have played a crucial role in driving financial inclusion in India. Microfinance lenders have done this by providing easy access to formal credit to borrowers in semi-urban and rural areas.
Tata Capital provides easy Microfinance Loans available at attractive interest rates. Avail a loan up to Rs. 1 lakh through a simple process with minimal documentation. Get flexible tenures up to 36 months and repay your Microfinance loan EMI as per your convenience. Tata Capital offers fast Micro Loan processing and tailored offerings ideal to fund your diverse financing goals.
Disclaimer: Micro Finance Loans are at the sole discretion of Tata Capital Limited (TCL). Terms and conditions apply.
Loan Amount offered
Rs. 5,000 - Rs. 1,00,000
Loan Tenure
12-36 months
Interest rate starting @
24.25% p.a. to 27.49% p.a.*
Average rate of interest in last quarter
25.49%*
Average Interest Rate
Processing Fees
1% to 1.5% + GST
*The above interest rates are applicable from 1st May 2025
Pragati loans are crafted to support an economically active women residing in low-income areas, generally involved in small trade and service, agriculture and cattle farming. While it is not necessary for the customer to have a separate business setup, the Micro Loan is to be necessarily used for an income generation purpose. Initially a Tata Capital customer has to start as Pragati JLG (Joint Liability Group). Customers with good track record will be eligible for additional funding.
The Tatkal loan is a short term loan offered by Tata Capital to help our existing eligible customers of the Pragati loan by providing emergency funding to meet their urgent and unforeseen needs. The hallmark of the Tatkal loan is it’s quick and hassle free sanction process with a rapid turn around time for disbursement and fund transfer, which allows us to help the customer borrow from us at lightning speed.
a) An existing customer of Pragati loan who has paid minimum 6 EMIs on the existing loan (for first cycle & above)
b) A customer who was new to credit and has an active first cycle Pragati loan who has paid minimum 9 EMIs
Age between 18- 58
Involved in income-generating activities
With the customer’s individual desires and needs in mind, our team at Tata Capital guides you at every step and offers specific financial solutions.