Many women as members of SHGs have become economically independent. This has led to women's empowerment at the rural levels.The JLG loan process is easy, hassle-free, and requires no security submission. Additionally, it has zero repayment bounce charges and late payment interest.
SHG Loan
▲ Minimum 10 Members Group
▲ Book-Keeping
▲ Weekly /Monthly Savings and Meeting
▲ Finance Account
▲ Agri and Allied Activity
▲ Group Loan 1 lakhs to 10 Lakhs you get
▲ By weekly /monthly Repayment
▲ Door Step Loan and Recovery.
▲ Group -IGA -Activity
JLG Loan
▲ No Book-Keeping
▲ Not Compulsory Weekly
▲ Monthly Savings and Meeting
▲ Group Loan 1 lakhs to 2.5 Lakhs you get
▲ By weekly /monthly Repayment
▲ Door Step Loan and Recovery
▲ No Finance Account
▲ Group -IGA -Activity
▲ Agri and Allied Activity
Eligibility To Apply
You are a doing business or you are self-employed over the age of 21 years.
Minimum 2 years in business in an industry with a positive net worth (for Self-employed) or 5 years’ work experience.
Micro, Small and Medium Enterprises- IGA Activity.
Clean record in terms of past loans and statutory payments.
Good credit rating score in credit bureau.
Good Repayment History of Loan Please note that SUYOGA BSPL may ask for additional documentation and proof to verify that you meet the eligibility criteria required to apply for a loan.
Documents Needed
Photo Identity Proof ( Self-attested copy of any one document) Aadhaar Card , Pan Card ,Voter Identity Card, Driving License and Passport.
Address Proof ( Self-attested copy of any one document)Ration Card, Passport, Aadhaar Card ,Driving License.
Landline Bill.Electricity Bill. Sale Deed/Property purchase agreement (for owned properties).
Group Documents ( Self-attested copy of any one document)
Copy of original Meeting Resolution NOC from another Lender.
Finance details with last 6 months Transition Details, Business Proof -Qualification Certificate/Certificate of Practice(COP) Shop Act License.
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