Jankalyan SHG
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Jankalyan SHG
Jankalyan SHG

Jankalyan SHG

App Size: 7.8M
Release Date: September 18, 2021
Price: Free
Price
Free
Size
7.8M

Screenshots for App

Mobile
Jankalyan SHG is Cloud Based Banking App for managing working of Microfinance Banks. Loan Distribution and Loan recovery are made very simple with this App.
This app is only for FieldOfficers of the Jankalyan SHG to manage the working of Microfinance Bank.

In Microfinance There are SHGs - Self Help Groups. FieldOfficers of the Banks often need to communicate with SHGs with their saving accounts are created, Leaders and members are decided and According to their savings, and then Loans are distributed.

● Jankalyan SHG provides personal loans for Self Help Group members with an Annual Percentage Rate (APR) between 18% to 24%.
● The loan tenure is anything between 10 and 36 months. EMI and interests are then calculated basis on the tenure chosen.

Representative example: The standard processing fee is 1% of the loan amount.
For instance, if Chetan takes a loan of ₹50,000 for 18 months, he will be charged an APR of 24%. So, Chetan will pay his loan back in 18 EMIs of ₹3,335 each. He will pay total interest of ₹10,030.
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Jankalyan SHG 3 Update
September 18, 2021 Version History
Bug fixes and performance enhancements.

~AbracaDabra Software Solutions Pvt. Ltd.
More Information about: Jankalyan SHG
Price: Free
Version: 3
Downloads: 10
Compatibility: Android 4.4 and up
Bundle Id: com.abracadabra.jankalyanshg
Size: 7.8M
Last Update: September 18, 2021
Content Rating: Everyone
Release Date: September 18, 2021
Content Rating: Everyone
Developer: AbracaDabra Software Solutions Pvt. Ltd.


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