Asha Laghubitta comes up with range of rebates and waiver schemes to benefit its borrowers

Amid the ongoing lockdown brought by COVID infection and loss in the economy, Asha Laghubitta has decided to provide a range of rebates and waivers to its customers.

As per the media statement, the waivers are as follows:

*Complete waiver of penalty charges in case the borrowers fail to pay back their EMI of their borrowing beginning from Jestha 1 till the end of the lockdown

*10% rebate in the interest amount and 100% waiver in late penalty charge in case the borrowers having their long outstanding dues opt to clear them within Asad end

*Mobilization of customer protection fund of the microfinance with added benefits for which the clients are urged to visit the nearest branch as soon as possible

The microfinance currently has 55 branches in 29 districts serving more than 64K rural households, as per the media statement.