At Labh Bank, our Group Loan is designed to support group-based financial needs with convenience and reliability. With competitive group loan interest rates, members can collectively access funds to meet their personal or business requirements without financial burden.
Group Loan repayment is structured through easy monthly installments over the selected tenure, ensuring shared responsibility and smooth repayment. Our simple and transparent process makes applying for a Group Loan quick and stress-free for all group members.
Apply for a Group Loan through a simple and hassle-free process. Submit basic group details, choose the required loan amount and tenure, and receive guidance throughout the application journey.
Avail Group Loans at attractive and affordable interest rates, making repayment easier for all group members with complete transparency.
Select a repayment tenure that suits the group’s financial capacity and repay the loan through easy and manageable monthly installments.
Enjoy flexibility with prepayment or foreclosure options as per applicable bank terms and conditions, providing added convenience to the group.
All Group Loans are processed following complete KYC norms, ensuring secure, reliable, and transparent loan processing for every member.
Get quick access to funds to meet group-based financial needs such as business activities, livelihood support, education, medical expenses, or other collective requirements.
*Interest rates are subject to change from time to time as per bank policy and applicable regulations. Other T&Cs apply.
| Loan Type | Interest Rate (p.a.) |
|---|---|
| Group Loan | As per group profile & eligibility* |
| Group Loan (Preferred Groups) | Special rates applicable* |
| Group Loan (Others) | Rates as per bank policy* |
Total Maturity Amount (Principle + Interest)
Total Interest Earned
To apply for a Group Loan with Labh Bank, applicants are required to meet the following eligibility criteria and complete KYC requirements as per bank guidelines:
To avail a Group Loan from Labh Bank, the group members must fulfill the following conditions:
No extensive document submission is required. Simply keep the following details ready:
You do not need to upload physical documents during the initial application process.
