SHG COVID SAHAYA LOAN

Parameter	Norms
Applicability	Existing Self Help groups (SHGs) with satisfactory track record and who have availed a minimum of two doses of credit.
Eligibility	All existing facilities should be in “Standard” category
Purpose	To meet the emergent needs of SHG members in wake of COVID- 19 outbreak.
Loan Amount	@ Rs. 5000/- per member Maximum ceiling per group : Rs. 1,00,000/-
Rate of Interest	1 Yr MCLR presently 8.25% p.a.
Period	Maximum 36 months.
Moratorium period	Maximum 6 months
Security	No collateral security.
Processing Charges & other charges	NIL
Validity	Scheme is valid upto 30.09.2020.

( अंतिम संशोधन May 16, 2020 at 05:05:32 PM )