PRODUCT
Credit Life Insurance (Kotak & india first) – Credit Linked Insurance is a life insurance offered by Kapil Capital to female customers and their spouses to provide relief to their families in case of the death of the insured person.
HospiCash Insurance HospiCash ( Aditya Birla & Niva bupa ) – Is an allowance cover that provides cash benefits in case the insured gets hospitalized. It provides daily cash benefits of Rs.500/- per day/ for a maximum of 30 days per year in case of hospitalization of Borrower or Co-borrower as well as provide benefits of Rs 1,00,000 in case of accidental death of Borrower or Co-borrower as per loan tenure. The benefits are double in case the insured is admitted to the ICU Rs.1000/-. The policy is highly beneficial to the clients at the boom of the pyramid as several of them lose their daily income while hospitalized.
Kapil Capital Services Private Limited
JLG + Hospicash Insurance Loan Product
Shaurya JLG Loan Product
Cycle 1
Loan Amount
20000 to 40000
- Tenure (months) (12 to 24)
- Processing Fees@1% (200 to 400)
- GST on PF@18% (36 to 72)
- Rate of interest 28.5%
- Insurance (Borrower & Co-Borrower) (326 to 1278)
Cycle 2
Loan Amount
20000 to 100000
- Tenure (months) (12 to 24)
- Processing Fees@1% (200 to 500)
- GST on PF@18% (36 to 90)
- Rate of interest 28.5%
- Insurance (Borrower & Co-Borrower) (326 to 1597)
Shaurya JLG + Hospicash Loan Product
Cycle 1
Loan Amount
20300 to 40600
- Tenure (months) (12 to 24)
- Processing Fees@1% (203 to 406)
- GST on PF@18% (74 to 92)
- Rate of interest 28.5%
- HospiCash (Borrower & Co- Borrower) (300 to 600)
- Insurance (Borrower & Co-Borrower) (330 to 1297)
Cycle 2
Loan Amount
20300 to 100600
- Tenure (months) (12 to 24)
- Processing Fees@1% (203 to 506)
- GST on PF@18% (74 to 92)
- Rate of interest 28.5%
- HospiCash (Borrower & Co- Borrower) (300 to 600)
- Insurance (Borrower & Co-Borrower) (330 to 1616)
Heylon
Loan Amount
6000
- LPf 3.5 % (210)
- GST 18% (38)
- NET DISBURSE(5752)
- NTEREST RATE(31.45%))
- TENURE(62 days)
- EMI 1 ,31DAYS (3120)
- EMI 2 ,31DAYS (3121)
- APR(60.74%)
Loan Amount
8000
- LPf 3.5 % (280)
- GST 18% (50)
- NET DISBURSE(7670)
- INTEREST RATE(31.45%))
- TENURE(62 days)
- EMI 1 ,31DAYS (4161)
- EMI 2 ,31DAYS (4161)
- APR(60.67%)
Loan Amount
10000
- LPf 3.5 % (350)
- GST 18% (63)
- NET DISBURSE(9587)
- INTEREST RATE(31.45%))
- TENURE(62 days)
- EMI 1 ,31DAYS (5201)
- EMI 2 ,31DAYS (5201)
- APR(60.63%)