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 Home »  Agriculture »  Women Empowerment  » AgriMahilaSowbhagya
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  Women Empowerment
AB Mahila Sowbhagya
AB Self Help Groups
AB Mahila Jyothi
AB Mahila Sowbhagya
 
  AB Mahila Soubhagya (Debt Swapping for SHGs) Scheme

To mitigate acute distress faced by SHG members i.e., poorest of the poor sections of the society due to heavy burden of debt from non-institutional money lenders.
 
  Coverage 

All Self Help Groups
 
  Eligibility Criteria    

  • First Dose : Minimum Rs.25,000 or 50% Of regular loan limit which ever is higher
  • Second Dose: Minimum Rs.50,000/- for rural SHGs & Rs.75,000 for urban or 50% of regular Loan limit which ever is higher
  • Third Dose : 40% of Micro Credit plan or to the extent of debt which ever is lower upto i.e., Maximum of Rs.2,00,000/-
 
  Rate of Interest

click here for Interest rates
 
  Repayment Period

Repayable in three to five years in monthly installments with gestation period of 6 months
 
  Margin & Security

  • No Collateral Security up to Rs.5.00 lakhs per group
  • No margin
  • Hypothecation of Book Debts / Assets created out of loan
 

 * Subject to review from time to time


For further details contact the nearest branch

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News & Events

PMRY beneficiaries

New Deposit Scheme AB BONANZA with 9.40% p.a.

Due to unexpected technical difficulties we need to temporarily disable AB Speedway service wef 1st April 2012

New Scheme AB PROFESSIONAL LOAN

NEW YEAR CAR CAMPAIGN: Avail car loans at attractive interest rates

Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad

PPF and SCSS schemes

As per RBI guidelines dated 04.11.2011, with effect from 01.04.2012 the validity of Cheques/Demand Drafts / Pay orders and Bankers Cheques is three months

Do Not fall Prey to Fictitious Offers of Funds Transfer

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