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Aasra Vikas Micro Service Foundation is an NGO that provides interest-free loans to underprivileged individuals to help them start businesses and improve their quality of life.
Any individual from an economically disadvantaged background who needs financial support to start a business or improve their livelihood can apply for a loan.
You can apply for loans ranging from ₹1,000 to ₹2,00,000, depending on your needs and eligibility.
No, all loans provided by Aasra Vikas Micro Service Foundation are completely interest-free.
A nominal fee of ₹199 is charged for registration and processing purposes. This helps us cover administrative costs.
No, the loans are unsecured, meaning you do not need to provide any collateral or guarantee to avail the loan.
You can apply for a loan by visiting our website, filling out the online application form, and paying the ₹199 registration and processing fee through our secure payment gateway.
Loan repayment tenure ranges from 6 to 36 months, and you can choose a tenure that best suits your financial situation.
Typically, you will need to provide identity proof (like Aadhaar or PAN card), address proof, and a brief description of your business plan or purpose for the loan.
We provide guidance to borrowers on utilizing the loan funds effectively and may periodically review their progress to ensure funds are being used for the intended purpose.
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