SHG
| Product Details | Self Help Group (SHG) |
| Description | Self help groups [SHGs] are small voluntary association of women or men from the same socio-economic background who work together for economic development through mutual help |
| Eligibility | a. SHG should be in existence for at least 6 months b. Group of 10-20 women or men c. Credit rating of the group should be more than 70% |
| Purpose | Any Bankable purpose as decided by the group members. |
| Max. Loan Amount | Rs.10.00 lakhs |
| Rate of Interest | 7% – For loans upto 3 lakhs (covered under Interest Subvention scheme of NRLM) |
| Other Conditions | Please visit nearest Branch |