CentralBank of India-Rural Agri Banking
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Cent SHG bank Linkage scheme

Purpose of loan * To finance SHGs for their internal lending / Group activity.
Eligibility * SHGs
Nature of facility * Revolving Cash Credit/ Term Loan.
Eligible quantum of CC limit /
Term Loan put together
* Quantum of limit (fixing of overall limit for 5 years) with maximum of Rs. 10.00 lacs per group
In the initial years of establishment the ratio should be 1: 1 and it can be gradually increased to ratio of 1:4 of savings.
Interest Rate Upto Rs.50,000/-
Above Rs.50,000/- upto Rs.5.00 lacs
Above Rs.5.00 lacs upto Rs.25.00 lacs
Above Rs. 25.00 Lakhs
MCLR + 0.50%
MCLR + 1.00%
MCLR + 1.50%
MCLR + 2.00%
Processing Charges * Rs.120/- per lakh (0.12%) or part thereof subject to maximum Rs.20000/-
Documentation Charges * NIL
Period of loan * Cash credit limit for 5 years subject to annual review.
Security * NIL

For further details, please contact our nearest branch.

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