Ideal size of SHGs is 10-20 members and only one member from a family.
SHG is properly maintaining their accounts.
Nature of facility
Cash Credit/ Term Loan.
Quantum of Loan
Quantum of limit minimum limit Rs. 6.00 Lakh (fixing of overall limit for 5 years) with maximum of Rs 20.00 lakh per group.
Margin
Up to Rs. 10.00 Lakh: NIL
Above Rs. 10.00 Lakh to Rs. 20.00 Lakh : 10%
Interest Rate
Up to Rs 3.00 Lakh
Above Rs 3.00 Lakh to Rs 5.00 Lakh
Above Rs 5.00 lakh up to Rs 10.00 lakh
Above Rs 10.00 Lakh and up to Rs 20.00 Lakh
7%
MCLR
MCLR + 1.25%
MCLR + 1%
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