5

WASH (Water, Sanitation and Hygiene) Loan

Producrt img
  • Loan for microenterprises in wash product manufacturing/retailing/distribution
  • Sanitary hardware products financing (e.g., cisterns, overhead tanks, pipes, etc.)
  • FMCG loan for toilet/bathroom cleaner & sanitary napkin
  • Safe drinking water solutions financing (e.g., provision, purification, distribution)

Details

Wash Loan Highlights
Interest Rate 24 to 30 % (on a reducing principal balance basis)
Loan Amount Rs 2 lakh to Rs 25 lakh
Tenor 1 year to 3 years
Processing Fee 2.5%
Login Fees Where Applicable

Documents Required for Loan

Bank Statement

Bank statement of the enterprise and proprietors/partners

Bank Statement

Udayam Registration Certificate

Bank Statement

Shops & Establishment Registration

Bank Statement

Electricity Bill of the Business*

Bank Statement

Income Tax Return

Bank Statement

Pan Card and Aadhar Card of the Proprietors / Partners

Bank Statement

GST Returns

Bank Statement

Proforma Invoice for Machinery

* Rent agreement to be provided along with electricity bill if business premises is rented premises

Frequently Asked Questions (FAQs) for Loan

WASH business loan product is a type of financing that is specifically designed to support businesses in the water, sanitation, and hygiene sector.

This loan product is open to microenterprises in wash product manufacturing/retailing/distribution