Self Help Groups

Self-Help Groups (SHGs)

The Bank is providing loan to Self-Help Groups (SHGs) who have formed within the area of operation, consisting of 12 to 20 Members.
The Self-Help Groups (SHGs) may be formed in both gender.
The SGHs having an account with our Bank Branches and become “C” Class Members, before availing of loans.
The minimum loan amount for each Member is 25,000/-, subject to maximum of 5,00,000/- per SHG, according to the volume of business.
The repayment of the loan period is 36/60 equal monthly installments.
The rate of interest for this type of loan is Interest 13.5% per annum.