Objective

Access to Water, Sanitation & Hygiene facilities at home

Nature and
Purpose of
Advance

Term loan for construction of household toilets, Ecosan toilets, septic tanks, Repairing/Upgrading toilets - Tiled flooring, Door or rooftop replacements, Squat model to Western type toilets & adding bathroom, Improvement in drinking water facility, purchase of filters/water purifiers, Construction of septic tanks, Establishing bore well, Construction of water storage, overhead tanks, Wastewater system (Drains and soak pits), Rooftop Rainwater harvesting, Wastewater treatment plants, Sludge treatment plant, Water pumps with solar panel.

Quantum of Loan

Minimum: Rs.20,000/-

Maximum: Rs.1,00,000/-

Eligibility

• All members of SHGs (Self Help Groups), who have completed one loan from our Bank.
• Borrower must have a household property in her/ spouse/ father name and toilet must be built within that property only.
• Individual member age should be Minimum 18 and Maximum 60 years.
• A member can take loan under this scheme even if there is outstanding in SHG/ JLG loan subject to their repayment capacity and no overdue in the existing SHG/ JLG loan

Security

Prime Security:

Hypothecation of assets created out of bank loan

Collateral Security:

Nil

Margin

Nil

Repayment

Minimum 24 months

Maximum 48 Months

Holiday Period

Nil

Rate of Interest

1Y MCLR (8.85% at Present)

Processing Charges

Nil

Other conditions apply

*For more details, please contact our nearest branch