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Institution

Bandhan Financial Services Private Limited DN-32, Sector-V,Salt Lake CityKolkata, West Bengal700091
Data approved: 2011-04-11
Data version: 1
Age of data: -   months 

Product

Suraksha Loan (Health Loan) Product 6 of 6 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (INR)INR 3,159,515
Portfolio (USD)USD 70,211
Active Clients with Loans877
Approximate % Female Clients80% - 100%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This product addresses emergency health needs of clients and their family.
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household financex
OtherIt can be used only for emergency health needs.
Other (2)Can NOT be used for business
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Household income <60,000 INR
Household income <120,000 INR
Must live in rural area
Must lives in urban area
OtherThis loan is extended to borrowers who have successfully completed at least one loan cycle.
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 1,000
Maximum loan size5,000
Loan Term and Grace Period
Shortest loan term11.5 months
Longest loan term12.0 months
Approx average11.8 months
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage100%
Average grace period2.0 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest10.00%
Highest quoted nominal interest10.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionClient Mentoring Cost (insurance (1%), training, administrative services)
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
No penalty in case of default. No prepayment charges.

Full Pricing Data

Suraksha Loan (Health Loan) samples
No sample data for this product
Suraksha Loan (Health Loan) Price Graphs
No sample data for this product
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ASHI35,4005,231,0006151
ASKI60,00015,247,0004151
Bangko Kabayan8,9002,373,0002151
BSEI60073,0002151
CBI8,1002,010,0005151
CCT70,3009,504,0004151
CEV35,4005,111,0004151
DSPI59,3003,676,0003151
ECLOF5,4001,836,0004151
FCB12,0002,392,0002151
FMB2,700710,0002151
GM Bank23,5001,553,0003151
HSPFI19,1001,899,0002151
JVOFI1,300281,0001151
Katipunan Bank42,1005,325,0002151
KDCI20,5002,095,0003151
KGI32,3003,421,0004151
KMBI245,00015,098,0001151
LTMPC37,4008,935,0003151
Mallig Plains6,500641,0002151
MILAMDEC29,8003,278,0002151
MWIMPC11,8001,740,0004150
NWTF105,50012,698,0005151
OFMPC4,400964,0001151
PBC50,70010,434,0004151
PCSD700167,0001151
PMPC23,5005,565,0008151
RB Angeles9001,502,0002151
RB Labason500289,0001151
RBLI5,2001,026,0002151
RBMI11,9001,750,0002151
RMB100173,0001151
RSPI39,6002,834,0004151
SAFRAGEMC1,100229,0001151
Salve10,9001,191,0003151
SEDP27,0003,914,0003151
TSKI212,90025,187,0002151
TSPI264,50031,290,0007151
Valient1,700672,0002151
Caps / Zoom options
Key Statistics
# Samples:
# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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