SHG loan

Criteria Purpose
Purpose  Credit to small / marginal units
Eligibility 1)   Only one member from a family.
Each member in a group should open an individual SB account and PMJJBY,PMSBY
Group resolution copies with Branch Manager attestation for 6 months
1)   Marks awarded on critical Rating Index(CRI)  method(above 70)
Digital MCP
Minimum 10-20 members in a group
Area of Operation The members should be residing in the same village and should know and trust each other
Age 21-59 Years
Loan limit UP TO 8 Lakhs
Repayment Period Repayment period is 36 months, with Equated Monthly Installments (EMI).
Documents required  Group Photo
 Group Resolution
KYC of each member
No Due Certificate (NOC) from Bank/APM.
We also provide financial assistance to CA/CC of SHGs

** For any further queries please contact to nearest branch