|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.
Any economic activity of the members.
|Max. Loan Amount||Rs.5 lakhs|
|Rate of Interest|
|Other Conditions||Please visit nearest Branch|