||Guidelines under the scheme
||For any purpose except speculations
||SHG should be in existence for at least 6 months. It could be Registered or unregistered. SHG should be practicing Regular Meetings, regular savings, regular inter-loaning, timely repayment and up-to-date books of accounts.
||Based on the need of finance of SHG
|Nature of facility
||Term loan,Demand loan,Over draft, and Cash Credit based on the need.
|Rate of Interest
||No margin up to 10 lakh
||It depends upon the purpose of finance.
||No collateral security up to 10 lakh