SHG loan

SHG Loan

Credit to small / marginal units Only one member from a family.

S.No Name ROI Tenure Repayment frequency Maximum borrowing limit Required Documents PROCESSING FEE/ EV FEE SHARE CAPITAL
1 Loans to Self Help Groups 12.00% Term Loan  ( Min 1 yr - Max 5 Yrs ),  Cash Credit  ( Min 3 yrs - Max 5 Yrs ) Monthly 20.00 Lakhs Members Min-10, Max-20, Group Resolutions, MCP, All members KYC,Saving A/c's, Inter/Se Agreement to be executed members of SHG
2 Loans to Non -agricultural Joint Liability Groups 12.00% Term Loan  ( Min 1 yr - Max 5 Yrs ), Cash Credit ( Min 3 yrs - Max 5 Yrs ) Monthly 20.00 Lakhs Members Min-5, Max-10,Group Resolutions, MCP, All members KYC,Saving A/c's, Inter/Se Agreement to be executed members of SHG
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    The Bank offers attractive rates on Deposits for various maturity periods. Facility for drawing interest on a monthly or quarterly basis is also provided.

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    Contact Us

    Address : H. NO. 6-2-4, GD. & 1ST. FLOOR HYDERABAD ROAD, NEAR CLOCK TOWN, H. P. O. NALGONDA – 508 001

    Email : ceo_nlg@nlgdccb.org

    Phone : 9912344259 / 08682 295621

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