Self Help Group
Brief
- UGB has actively participated in SHG-Bank Credit Linkage programme since its inception in 1992 as a pilot project of NABARD. Since then, the Bank has made a steady progress in financing SHGs.
- Meet entire credit requirements of the SHG like income generation activities, social needs like housing, education, marriage and debt swapping
Features
- Attractive Interest rate strating with --.--%*
- NO margin requirement
- LOW processing charges
Eligibility
- No of members : 10 - 20
- should have successfully undertaken credit operations from its own sources, preferably through a bank account for last 6 months
- should maintain proper books of accounts / records
- should conduct regular meetings
- should have regular internal lending and recovery
Facilities
- Easy Repayment : 36 to 84 months
- Choice of Loan : Cash credit and Term loan
- Quantum of Loan : 4 times * corpus of Group
Rates & Others
- Click HERE for more details about interest rates& service charges.
- For more quries please contact to your nearest branch.
