shg swayamkrushi loan

Purpose  Credit to small / marginal units
Eligibility 1)   Only one member from a family.
Member of the concerned SHG
Loanee should submit the resolution of the concerned SHG
Loanee should open a Savings/Current A/c with the Bank
Loanee Should be married resident women
Area of Operation The members should be residing in the same village and should know and trust each other
Age 21-60 Years
Loan limit 100000/-
Repayment Period Repayment period is 36 months, with Equated Monthly Installments (EMI).
Documents required Application Form
Demand Promisory Note
KYC of each member
Acceptance letter of Terms & Conditions.
Resolutions from SHG and group members concerned
Tripartite Agreement
We also provide financial assistance to CA/CC of SHGs

** For any further queries please contact to nearest branch