Target Group:

• All Existing Self Help Groups  having satisfactory repayment history.

Purpose:

Loan to SHGs for carrying out WASH (Water, Sanitation and Hygiene) related activities :

• Improvement of drinking water facilities, Installation of Water Filters/Purifiers financing construction of water tank, bore well water connection etc.
• Waste Water Systems-Pipe, Drain, Soak Pits.
• Construction of Water Storage-Overhead Tanks
• Construction of Toilets including refurbishment of household toilets.
• Setting up sanitary napkin manufacturing units.

Nature of Facility:

• Term Loan.

Amount of Loan:

• Minimum Loan amount: Rs. 20,000/-.
• Maximum loan amount: Rs. 3.00 Lakh.

Security:

• Primary: Assets created out of the loan.
• Collateral : Nil.

Rate of Interest:

• Please refer the Lending Rates link on home page in our Bank’s Website www.indianbank.in.