Self Help Group Loan

Self Help Group Loan

shgloan
Surety Personal surety of the applicant and another member of the group.
Eligibility A Class/D Class membership in the bank .
Purpose Various.
Loan Amount Maximum 25000/50000 per member
Repayment Period 1 – 2 Years (EMI/Non EMI)
Interest Rate 11 % p a
Documentation Pre sanction documents required for all types of loans

Loan Processing Charges

Loan Processing Charges
All Loans including Surety loans, MWL (Except gold loans, Deposit loans, NSC Loans, and loans to Staff) 0.8% of the loan amount + GST
Cost of all loans (Mortgage) form Rs.250/- + GST

Notice Charge

  • Local (Same PIN) rs. 60/- incl gst upto 50 gm
  • Others (upto 200 km) rs 90/- incl gst upto 50 gm

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