Self Help Group Loan
Shree Morbi Nagarik Sahakari Bank Ltd.
Self Help Group is a homogeneous group of micro entrepreneurs with affinity among themselves, voluntarily formed to save whatever amount they can conveniently save out of their earnings and mutually agree to contribute to a common fund of the group from which small loans are given to the members for meeting their productive and emergent credit needs at such rate of interest, period of loan and other terms as the group may decide.
- Higher Self Help Group loan amount availability.
- Low processing time.
- Accountability of transactions.
- Tough repayment timeline.
- Lower rate of interest for loan.
