JLG
Product Details | Joint Liability Group (JLG) |
Description | Group of 4 to 10 individuals engaged in similar type of economic activity formed for the purpose of availing bank credit against mutual guarantee of the members |
Eligibility | a. The members of JLGs should be of similar economic status and carry out any economic activity. b. JLG members should neither be a defaulter nor from the same family. |
Purpose | Any economic activity of the members. |
Max. Loan Amount | Rs.5 lakhs |
Other Conditions | Please visit nearest Branch |