Scheme Overview:

• Loan Size – Rs. 10000/- to Rs. 50000/- (Max.)


• Period – Min. 6 Months and will be gradually increase to 1.5 years


• Repayment Method- Weekly/ Fortnightly/ Monthly


• The most important point is Joint Liability Agreement.


• Target Members and Families (as per RBI Guidelines):
• A member can not join more than one SHG Group


• Annual Income - In rural area - up to Rs. 60000/


• In urban area - up to Rs. 120000/


• Type of Loan: Only for generating livelihood


• Total loan amount to a SHG group can’t exceed Rs. 60,000/- (including GMCF Loan Amount)


• Age Limit of a Member- min. 18 years and max 60 years