Women empowerment Group loans
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Fund Your Financial Independence!
Group Loan
Objectives
Under this scheme, loan assistance is available to Self Help Groups (SHGs) to provide credit facilities for the target group through nominated Channel Partners (State Channelising Agencies/Banks).
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Self-Help Groups (SHGs)
SHGs is a small economically homogenous and affinity group of people voluntarily formed to save and mutually agree to contribute to a common fund to be lent to its members as per group decision.
Applicants must meet the following requirements to be eligible for the loan:
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Should fulfil KYC documents requirements
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Age should be between 18 to 58 years
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Should not have an adverse credit record
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Should meet the acceptable credit norms according to Triangle Group
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Should be part of a group of customers who are willing to guarantee each other for the repayment of loan​