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iob_bank_mahila_shaksham

Last Updated:07/02/2026
Mahila Shaksham
   

Objective

Financing Individual women SHG members for Entrepreneurial activity

Nature and
Purpose of
Advance

Term loan and working capital facility for the below mentioned activities:

(i) Mushroom cultivation (ii) High value crop cultivation in green house/ poly house, floriculture etc. (iii)Allied activities like dairy, poultry, sericulture, pisciculture, Goat & sheep rearing etc. (iv)Beauty parlour and salon services (v) Tailoring shop (vi)Rural eco- tourism (vii)Restaurant (viii) Internet café and photocopy (ix) Confectionary shops including soft drinks (x)Groceries/stationary shops (xi)Fruits and vegetables shop (xii)Cosmetic shop (xiii)Papad / Traditional snacks (xiv)Flour mill (xv) Oil processing units (xvi) handicrafts, weaving, textile bags, covers, baskets etc. (xvii) Pottery & ceramics (xviii) Artificial jewellery making unit (xix) Bangles - Glass and lac items (xx) Agarbathi /candle making unit (xxi) Soap making/liquid soap/ detergent/ washing soap (xxii) metal and cane products (xxiii) Hosiery unit (xxiv) Sanitary towels/napkin manufacturing unit (xv) Paper plates/ cups/ glass manufacturing (xvi) Agri clinic and Agri Business center

Quantum of loan

Minimum: Rs.75,000 and above/-

Maximum: Rs. Up to Rs.10,00,000/-

Eligibility

Parameter

Loan above Rs. 75000 to Rs. 2 Lakhs

Loan above Rs. 2 Lakhs to Rs. 5 Lakhs

Loan above Rs. 5 Lakhs to Rs. 10 Lakhs

Age

21 to 60 years (60 at the end of loan tenure)

21 to 60 years (60 at the end of loan tenure)

21 to 60 years

(60 at the end of loan tenure)

SHG eligibility

2 years old and 1 successful bank loan cycle completed

3 years old and 2 successful bank loan cycle completed

3 years old and 2 successful bank loan cycle completed

Membership vintage in SHG

At least 1 loan cycle with SHG and 2 years membership

At least 2 loan cycle with SHG and 3 years membership

At least 2 loan cycle with SHG and 3 years membership

Member's minimum loan (last loan serviced by the member)

Rs.25000

Rs.40000

Rs.40000

Business Vintage

2 years of viable business

3 years of business experience

3 years of viable business

Co Applicant

Not required

Required in registered entities

Required in registered entities

Additional points to be checked

 

 

Last 24 months records with SHGS for repayment and proper financial analysis be done.

 

Security

Prime security:

Hypothecation of assets created out of bank finance. 

Collateral Security: NIL

No Collateral security or third-party guarantee will be obtained since the loan is covered under Credit Guarantee scheme.

Margin

10% of project cost

Repayment

60 monthly installments including moratorium period

Holiday Period

Maximum 12 months

Rate of Interest

For Agriculture and allied activities

 Up to Rs.10.00 lakhs: 1 YMCLR +0.20(SP)+1.80(RP)

For MSME activities including processing units

Up to Rs.10.00 lakhs: RLLR+0.40(SP)+1.35(RP)

Processing Charges

0.40% of the limit sanctioned plus applicable GST.

Other conditions apply

*For more details, please contact our nearest branch