Shangri-la Deprived Sector/ Microfinance Loan

As Shangri-la is the bank with the aim of assisting in the overall development of the nation and being responsible corporate body we have introduce Micro Finance to uplift the underprivileged of the society. If you are in need of fund to start small business but you do not know where to go then Shangri-la Development Bank Ltd. is the right place for you. Even if you do not have collateral you may step in for assistance for obtaining loan. Our Micro Finance department also provides you with loan to construct low cost housing and others various facilities.

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Finance and tenure
Upto

3.99 % financing

Tenure Upto

5 years

*Condition applied

Everything you will need to get Shangri-la Deprived Sector/ MicroFinance Loan

Ready to open Shangri-la Deprived Sector/ MicroFinance Loan

The Process

  • Apply online

    Check that you’re eligible and what you need, then apply online.

  • Upload your documents

    Check that you’re eligible and what you need, then apply online.

  • Wait for approval

    Check that you’re eligible and what you need, then apply online.

  • Contact you nearest branch for further process

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FAQ

Shangri-la Deprived Sector/ MicroFinance Loan explained

Find the answers to frequently asked questions here.

This product can be availed for Purchasing of New Vehicles, Purchasing of Used Vehicles, and Purchasing of Commercial Vehicles

a Maximum of 80% of the value of the vehicle shall be provided as loan b Used vehicle shall be valuated by authorized valuator of the bank
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