PurposeMedical /Education/Small Business Improvement
Eligible persons> A SHG should consists of 10 -20  members  (No need for registration)

> Members  should be in the age of 18-70 years, as approved by Tamil Nadu Women Development Corporation (TNWDC )

> SB Account in the name of SHG with transactions for a minimum period of 6 months

> SHG should become as Associate Member

Quantum
DoseLoan Eligibility
First Dose6 times corpus or minimum ₹1.50 lakh, whichever is higher
Second Dose8 times corpus or minimum ₹3.00 lakh, whichever is higher
Third DoseMinimum ₹6.00 lakh based on MCP and repayment history
Fourth Dose & AboveAbove ₹6.00 lakh based on MCP and repayment history& Maximum of Rs. 20 lakhs.
Corpus includes
  •  SHG savings
  • Revolving fund
  • Interest earned
  • Other income
  • NGO/Institution contributions
Rate of InterestInterest rate: 10.5%
Repayment period
Loan DoseRepayment Period
First24–36 months
Second36–48 months
Third48–60 months
Fourth & Above60–84 months