← All products
Group Lending
SHG Loans
Self Help Group credit channelled through established women-led collectives.
Interest rate
10–15% Reducing Balance
Loan size
Up to ₹5,00,000 per group
Tenure
Up to 12 months
Overview
About this product
SHG loans deepen financial inclusion through women's collectives, leveraging group accountability and shared livelihoods to build durable credit histories in rural and semi-urban India.
Who it's for
Women-led Self Help Groups, rural collectives, livelihood clusters.
Key features
- Group guarantee
- Women-first lending
- Financial literacy bundled
- No external collateral
Simple Process
How to apply
- 1Group identification & social-collateral verification (10+ members)
- 2Group orientation, savings discipline & financial literacy module
- 3KYC and household income documentation per RBI norms
- 4Credit appraisal and group loan sanction
- 5Disbursal to group account; on-lending to members
- 6Weekly / monthly EMI collection by community officer
EMI Calculator
Plan your SHG Loans EMI
Adjust the loan amount, rate and tenure to see your indicative monthly EMI and total payable.
₹2,75,000
₹50,000₹5,00,000
12.5%
10%15%
12 months
324
Monthly EMI
₹24,498
Total interest
₹18,973
Total payable
₹2,93,973
Indicative only. Final EMI depends on credit appraisal, insurance premium (1.5% borrower protection) and any applicable processing fee.
Related products