Vengara Service Co-operative Bank

SHG Loans (Kudumbasree)

Title	Norms
Purpose	Business and Consumption purpose
Eligibility	Kudumbasree Units
Limit of Loan	Rs.5,00,000/-
Security	Personal Surety : Maximum 5,00,000
Repayment Period	Maximum -60 months
Repayment Mode	Monthly
Rate of Interest	9 % Penal Interest: 2% extra for default amount
Documents Required	CDS Consent, Grading Sheet, Agreement and Security details