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Gramin Mahila Sowbhagya Scheme
Purpose / ObjectiveTo 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).
Margin5% of the project cost.
Interest RatesPlease refer the Lending Rates link on home page in our Bank`s Website.
Repayment12 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.



 
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