SHG Bank Linkage Programme – Direct Linkage to SHGs
SHG Bank Linkage Programme – Direct Linkage to SHGs
Purpose / Objective :
- To provide thrift, credit and other financial services to the poor in all areas enabling them to raise their income levels and standard of living.
Eligibility :
- Self Help Groups(SHGs)
Amount of Loan :
| 1st linkage | 6 times of the existing corpus or minimum of ₹ 1,50,000/-, whichever is higher. |
| 2nd linkage | 8 times of the corpus at the time review / enhancement or minimum of ₹ 3.00 lakh, whichever is higher. |
| 3rd linkage | Minimum of ₹6 lakh based on the Micro Credit Plan (MCP) prepared by SHG and appraised by the federations/support agency and the previous credit history. |
Interest Rates :
- Please refer the Lending Rates link on home page in our Bank’s Website www.indianbank.bank.in.
Repayment :
- Maximum 72 months depending upon the activity.
Security :
- Hypothecation of Book debts and receivables and assets wherever created.
* MCLR RATE – Available in Home Page
( Last modified on Oct 31, 2025 at 04:10:59 PM )
Ask ADYA
ADYA
