Meritorious students for taking up higher education in India and abroad
Banks offer a wide range of lending services to people, companies, and other entities. Usually, the goal of these services is to assist clients in meeting their financial obligations, such as buying homes, funding their schooling, or growing their enterprises.
| Criteria | |
| Purpose | Credit to small / marginal units |
| Eligibility | 1) Only one member from a family. |
| Member of the concerned SHG | |
| Loanee should submit the resolution of the concerned SHG | |
| Loanee should open a Savings/Current A/c with the Bank | |
| Loanee Should be married resident women | |
| Area of Operation | The members should be residing in the same village and should know and trust each other |
| Age | 21-60 Years |
| Loan limit | 100000/- |
| Repayment Period | Repayment period is 36 months, with Equated Monthly Installments (EMI). |
| Documents required | Application Form |
| Demand Promisory Note | |
| KYC of each member | |
| Acceptance letter of Terms & Conditions. | |
| Resolutions from SHG and group members concerned | |
| Tripartite Agreement | |
| We also provide financial assistance to CA/CC of SHGs | |
** For any further queries please contact to nearest branch
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