Women’s Self Help Group (SHG) Loans

SHGs comprise of 12 to 20 women. These groups are self-selected and individual
members co-guarantee the loan.

Type Product Max. Loan Amount
per member *
Interest rate p.a
(diminishing)**
Processing charges
Incl. of GST
Tenure in
months
SHG ELL 24000 22.5 1.18% 1 + 20
SHG ATL 1 30000 22.5 1.18% 1 + 24
SHG ATL 2 36000 22.5 1.18% 1 + 30
SHG ATL 3 42000 22.5 1.18% 1 + 30
SHG ATL 4 45000 22.5 1.18% 1 + 30
SHG ATL 5 48000 22.5 1.18% 1 + 30
SHG CAL 1 12000 22.5 1.18% 1 + 20
SHG CAL 2 15000 22.5 1.18% 1 + 24
SHG BDL 10000 22.5 1.18% 1 + 20

* Quantum may change based on the Management Decision/RBI & MFIN guideline.

** Interest may change based on the Management Decision/RBI & MFIN guideline.

# Tenure may change based on the Management Decision/RBI & MFIN guideline.

Retail Loan

Retail loan is unsecured individual loan of Rs. 50,000 or
Rs. 1,00,000 provided to small retailers. The loan has a tenure of 12 months and rate of interest of 28.8% p.a