| Purpose / Objective | To finance the rural women in purchase of consumer goods like mixie, gas, stove, TV, 50CC and less two wheelers etc.
|
| Eligibility | * Married rural, semi urban and urban women engaged in agriculture or activities allied to agriculture.
* Aged between 18 to 55years.
* Minimum family income should be RS.2500 p.a. |
| Quantum of Loan | * Minimum – Rs.5000/-
* Maximum – Rs.15000/- (depending upon the land holding). |
| Margin | 5% of the project cost. |
| Repayment Period | 12 Quarterly installments without holiday period. |
| Security | * Hypothecation Of the asset purchased out of the loan amount.
* Guarantee of the spouse / family member of the women who owns the land. |
| Other Requirements/Details | BPLR + TP + 1.00% |
| * BPLR = 12.50 % and BASE RATE = 8.00 % | |
