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Meghalaya Rural Bank

NSTFDC For SHGs

Any productive/income-generating activity.

  • Existing profit-making SHGs.
  • All members of SHG should belong to ST communities.
  • Each member of SHG should be below DPL income.
  • 6.00% p.a.
  • Maximum loan per SHG: Rs 5.00 lakh.
  • Maximum loan per SHG member: Rs 35,000.
  • Up to 5 years, depending on the activity and cash flow of the unit.
  • ST Certificates.
  • Family income certificate (affidavit/self-declaration).

Nil

Margin:

  • For loans up to Rs 1.00 lakh: NIL.
  • For loans above Rs 1 lakh and up to Rs 5 lakh: Minimum 10%.
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