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SHG OD
- Members
- Eligibility
- Interest Subvention
- Loan facility
- Meeting
- Savings
- Size of Loan
- Purpose
- Repayment
Members
Members
- 10 to 20 Members with 2 Representatives among them
Eligibility
Eligibility
- Existing atleast for 6 months
Interest Subvention
Interest Subvention
- Women SHGs are eligible for Int. Subvention under NRLM Scheme.
Loan facility
Loan facility
- Term Loan / Cash Credit / OD limit
Meeting
Meeting
- Weekly / Fortnight or atleast monthly – compulsory attendance by all the members
Savings
Size of Loan
Size of Loan
- 1:1 to 1:4
- Savings means :
Total Savings of the members, Net Profit borrowed as capital, contribution received like grants, donation but not revolving fund.
Purpose of loan
Purpose of loan
- Generally for production purpose
Repayment
Repayment
- Maximum 5 years, in case of OD , A/c should be reviewed annually