Our Products

At OceanPe, we are committed to fostering economic empowerment and financial inclusivity through a comprehensive suite of lending services, catering to the diverse needs of our clients and promoting sustainable economic advancement.

IGL

Product Feature

Loan Amount : Upto Rs. 2,00,000

Loan Term : 12-18 Months

Interest Rate (p.a.) : 27.00% – 29.98%  Processing Fee : 3.54% (Including GST)  

Repayment Frequency :Monthly

Disbursal in Bank A/c and cashless collections auto settlement via OceabPe Own QR System

Target Segment

  • Annual Household Incomewith >3 Lacs
  • Should have at least one dominant Member/ Businessincome
  • Geo- Limits restricted to 30km from existing Branch Locations– Largely Semi-Urban& Rural
  • CIBIL score > 675, FOIR @ 60% with monthly Householdobligation<18k

Appraisal & Servicing

House hold level cash flow assessment
Comprehensive credit bureau checks on both clientand spouse
Digital first approach to appraisal and
underwriting
App based on boarding and loan servicing

Enquire Now

MSME/BL

Product Feature

Loan Amount : Upto Rs. 10,00,000

Loan Term : Upto 24 Months

Interest Rate (p.a.) : 29%

Processing Fee : 3.54% (Including GST)

Repayment Frequency : Monthly

Disbursal in Bank A/c and collections through NACH and UPI

Target Segment

  • Household with income profile >25k per month
  • Purpose: To purchase of raw material, machinery, livestock, tools, working capital and business expansion in the same line of businesswith Geo Limitsame as IGL
  • CIBILscore > 650, FOIR @50%
  • Households has establish local business with Min. 3 yrs. of vintage

Appraisal & Servicing

  • House hold level cash flow assessment
  • Comprehensive credit bureau checks on both clientand spouse
  • Digital first approach to appraisal and underwriting
  • App based on boarding and loan servicing
Enquire Now

JLG

Product Feature

Loan Amount : Upto Rs. 50000

Loan Term :  Upto 18 Months

Interest Rate (p.a.) : 29%

Processing Fee : 2.36 (Including GST)

Repayment Frequency : Two Bi-weekly

Disbursal in Bank A/c and collections through UPI only

Target Segment

  • Applicablefor existingcustomer
  • Not Mandatory
  • Basison requirementof Household

Appraisal & Servicing

  • Digital first approach to appraisal and underwriting
  • App based on boarding and loan servicing
Enquire Now