|Gramin Mahila Sowbhagya Scheme|
|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.
|Amount of Loan||* Minimum – Rs.5000/-|
* Maximum – Rs.15000/- (depending upon the land holding).
|Margin||5% of the project cost.|
|Interest Rates||Please refer the Lending Rates link on home page in our Bank`s Website.
|Repayment||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.