Loan Page

SHG Loans ( Kudumbashree)

Title	Norms
Purpose	Business and Consumption purpose
Loan Limit	Rs.5,00,000/-
Rate of Interest (p.a.)	9 %
Penal Interest	2% extra for the default amount
Eligibility	Kudumbasree Units
Security	Personal Surety : Maximum 5,00,000
Repayment Period	60 months (5 years)
Repayment Mode	Monthly
Documents Required	CDS Consent, Grading Sheet, Agreement and Security details