Self Help Groups
Purpose: For any purpose except speculations
Eligibility: SHG should be in existence for at least 6 months. It could be registered or unregistered. SHG should be practicing regular meetings, regular savings, regular inter- loaning, timely repayment and up-to-date books of accounts.
Quantum of Loan: Based on need of finance of SHG.
Nature of facility: Term loan or cash credit based on the need.
Rate of Interest: Check rates section on website for latest rate of interest.
Repayment Period: It depends upon the purpose of finance.