Eligibility

• Women should form the group
• Must be a member of the Society/Bank.
• Membership minimum 5 and maximum 20.
• Uninterrupted savings for 6 months or more by all the members.
• Monthly savings of member of a group will be minimum of Rs. 50 and maximum Rs. 500

Limit of Loan

Will be fixed as per circular of the Bank (Minimum 50,000.00 & Maximum 10,00,000.00)

Rate of interest:

Such rate as may be Notified from time to time

Repayment period:

In case of Term loan, group should repay the loan amount in 24 monthly Instalments