| S.No |
Product |
Rate of Interest |
Period |
Limit |
Required Document / Surety |
| 1. |
SHG (DIRECT) LOAN |
12.00 % |
36 Months |
Rs.5,00,000 |
Inter se Agreement of members, Rating Sheet ( Magalir Thittam) |
| 2. |
SHG ( BUSINESS) |
13.50 % |
36 Months |
Rs.5,00,000 |
Rating Sheet ( Magalir Thittam), Business License, Quotation , Project Report |
| 3. |
SHG (PLF) (Bulk Loan) more than 10 Groups( BUSINESS) |
13.50 % |
36 Months |
|
Inter se Agreemnt of members, Rating Sheet ( Magalir Thittam), Audit Report |
| 4. |
SHG (RF) |
14.25 % |
36 Months |
60000 |
Inter se Agreemnt of members, Rating Sheet ( Magalir Thittam), Audit Report |
| 5. |
SHG Economic Activities |
13.50 % |
36 Months |
500000 |
Inter se Agreemnt of members, Rating Sheet ( Magalir Thittam), Audit Report |
