Pigmy Loan Services
Looking for a convenient way to save and borrow? Arth-ved’s Pygmy Loan service is ideal for small business owners, daily wage workers, and anyone who wants access to credit without the burden of large monthly payments. We specialize in daily deposit-based loan plans that are flexible, fast, and customer-centric.
What is a Pigmy Loan?
A Pigmy Loan is a small savings-based loan where borrowers deposit a fixed small amount daily or weekly. Over time, this builds credit eligibility and savings, allowing easy access to loans. This scheme is widely popular in Pune, Nashik, and across Maharashtra for its low entry barriers and high accessibility.
Key Features of Arth-ved's Pigmy Loan
Why Choose Arth-ved?
Loan amounts vary based on your daily deposit amount and history. We offer flexible limits starting from ₹5,000 up to ₹2,00,000.
No, Pigmy Loans are typically unsecured and based on your daily savings and credit profile.
Interest rates are competitive and range between 10% – 16% annually, depending on loan size and tenure.
It is linked to your daily savings habit, making it more accessible for people with irregular income and no formal banking history.
Yes, at Arthved Finance, we understand that not everyone has access to traditional banking. We offer Pygmy Loan options even if you don’t have a bank account, as long as you regularly deposit through our field agents and meet basic KYC requirements. However, having a bank account can speed up the disbursement and repayment process.