|
S.N. |
PARAMETERS |
PARTICULARS |
|
1 |
Type of borrower |
Affinity based women Self Help Groups consisting of 10-20 persons. In case of Special SHG i.e. groups in difficult areas, groups with disable persons, groups formed in remote tribal this number may be minimum 5 persons. Only for groups to be formed with persons with disabilities and other special categories like elders, transgender DAY-NRLM have both men and women in the Self Help Groups. |
|
2 |
Nature of Facility |
CCOD |
|
3 |
Quantum of Finance |
Minimum sanction limit of Rs. 6.00 lakhs with yearly DP, first Year of Rs. 1.50 Lakhs, second year DP 3.00 lakhs, third year minimum Rs 6.00 lakhs based on MCP and DP for fourth year will be above Rs 6.00 lakhs based on MCP prepared by SHG and appraised by federation/support agency. |
|
4 |
Rate of Interest |
Upto Rs 3.00 lakhs- 7% fixed. Above Rs 3.00 lakhs to 5.00 lakhs- MCLR Above Rs 5.00 lakhs to 10.00 lakhs- MCLR+ 1.25% Above Rs 10.00 lakhs to 20.00 lakhs- MCLR+1.00% |
|
5 |
Repayment schedule |
First dose- 24-36 monthly quarterly installment. Second dose- 36-48 monthly quarterly installment. Third dose- 48-60 monthly quarterly installment. Fourth dose- 60-84 monthly quarterly installment. |
|
6 |
Security |
No collateral security upto Rs 10.00 lakhs. Primary Security- hypothecation of asset created out of Bank Finance. Collateral Security- Above Rs 10.00 lakhs and upto Rs 20.00 lakhs- Guarantee cover under CGFMU. |
Toll Free Number - 1800 30 30 - for all Toll Free Number - 18002031911 - Exclusively for Pensioner National Cyber - Crime Helpline - 1930