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 3,00,000/-
Above Rs 3.00 lakh to Rs 10.00 lacs
MCLR + 1.35%
MCLR + 2.50%
Processing Charges Upto 25,000/- -NIL
Above Rs 25000/- - @ Rs 120/- per lac or part thereof,
Documentation Charges Upto Rs 2.00Lakh- NIL
Above Rs 2 Lakh to Rs 10.00Lakh- Rs 50/- per Lakh or part thereof Max Rs 1000/-
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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