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DAY-NRLM Self-Help Group Credit Linkage

Term-loan and cash-credit linkage for eligible rural self-help groups, with staged drawing power, collateral-free limits and published interest-subvention bands.

Published rate bandsUp to ₹3 lakh: 7.00% p.a. where central interest subvention applies; above ₹3 lakh to ₹5 lakh: one-year MCLR; above ₹5 lakh: one-year MCLR + 0.50% BSS + 1.50%. The current one-year MCLR is 9.00% effective 25 July 2026, so the published formula is 11.00% before any applicable subvention.BenchmarkMCLR; above ₹5 lakh: one-year MCLR + 0
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Quick eligibility check

DAY-NRLM Self-Help Group Credit Linkage

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: SHGs active at least 6 months, practising regular meetings, savings, inter-loaning, timely repayment and up-to-date books, and qualifying under NABARD grading?

Published source: Eligible SHGs

2Do you meet this requirement: revived SHGs may qualify after 3 months active existence?

Published source: Eligible SHGs

3Are you this type of customer: SHG application/resolution, books and corpus history, NABARD grading, Micro Credit Plan, federation/support-agency appraisal, member KYC and bank-linkage records?

Published source: Required documents

4Do you meet this requirement: SHG must generally be active for at least six months, practise the Panchasutras, meet NABARD grading norms and be able to show a Micro Credit Plan?

5Do you meet this requirement: a revived defunct SHG may qualify after at least three months of activity?

6Document checkDo you have this required document or proof: SHG application and resolution?

Published source: Required documents

7Document checkDo you have this required document or proof: Books of account and savings/corpus records?

Published source: Required documents

8Document checkDo you have this required document or proof: NABARD grading evidence?

Published source: Required documents

9Document checkDo you have this required document or proof: Micro Credit Plan?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

Rural India under DAY-NRLM

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Eligible SHGsSHGs active at least 6 months, practising regular meetings, savings, inter-loaning, timely repayment and up-to-date books, and qualifying under NABARD grading; revived SHGs may qualify after 3 months active existence.View source
All published eligibility tests reviewed.
Source
DAY-NRLM
Page / section
Eligibility Criteria for
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Credit limits and drawing powerCCL minimum ₹6 lakh for each eligible SHG for 3 years. Year 1 drawing power is 6× corpus or ₹1.5 lakh minimum; year 2 is 8× corpus or ₹3 lakh minimum; year 3 is at least ₹6 lakh; year 4 onward is above ₹6 lakh based on MCP and history. Term-loan doses use the same staged amounts.View source
All drawing-power and dose rows retained.
Source
DAY-NRLM
Page / section
Cash Credit and Term Loan tables
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Published rate bandsUp to ₹3 lakh: 7.00% p.a. where central interest subvention applies; above ₹3 lakh to ₹5 lakh: one-year MCLR; above ₹5 lakh: one-year MCLR + 0.50% BSS + 1.50%. The current one-year MCLR is 9.00% effective 25 July 2026, so the published formula is 11.00% before any applicable subvention.View source
Formula and current benchmark were reconciled arithmetically; subvention conditions remain separate.
Source
DAY-NRLM and current notice
Page / section
Rate of Interest table; page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Women-SHG subventionFor FY 2022-23 table: up to ₹3 lakh at concessional 7% receives 4.5% p.a. uniform subvention; above ₹3 lakh to ₹5 lakh at the lower of one-year MCLR/other external benchmark/10% receives 5% p.a. uniform subvention.View source
Published year-specific table preserved; not represented as an undated current promise.
Source
DAY-NRLM
Page / section
Interest Subvention Scheme for Women
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Security and marginUp to ₹10 lakh: no collateral, no margin, no lien on SHG savings and no deposit insistence. Above ₹10 lakh to ₹20 lakh: no collateral/no savings lien, CGFMU-eligible; margin up to 10% may be taken on the amount above ₹10 lakh.View source
All limit-specific security and margin conditions reviewed.
Source
DAY-NRLM
Page / section
Security and Margin
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Required documentsSHG application/resolution, books and corpus history, NABARD grading, Micro Credit Plan, federation/support-agency appraisal, member KYC and bank-linkage records.View source
Document and appraisal conditions are derived only from published rows.
Source
DAY-NRLM
Page / section
Eligibility, drawing power and
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkMCLR; above ₹5 lakh: one-year MCLR + 0View source
The manually reviewed product record states: “Up to ₹3 lakh: 7.00% p.a. where central interest subvention applies; above ₹3 lakh to ₹5 lakh: one-year ; above ₹5 lakh: one-year + 0.50% BSS + 1.50%. The current one-year is 9.00% effective 25 July 2026, so the published formula is 11.00% before any applicable subvention.”.
Source
DAY-NRLM Self-Help Group Credit Linkage — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • CCL or term loan with additional lending based on repayment history
  • Minimum ₹6 lakh CCL for three years
  • No collateral and no margin up to ₹10 lakh
  • route for loans above ₹10 lakh to ₹20 lakh
  • Central-government interest-subvention support for women

Eligibility

  • must generally be active for at least six months, practise the Panchasutras, meet grading norms and be able to show a Micro Credit Plan; a revived defunct may qualify after at least three months of activity.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • application and resolution
  • Books of account and savings/corpus records
  • grading evidence
  • Micro Credit Plan
  • Federation/support-agency appraisal
  • and bank-linkage records

Related official documents

MCLR and RLLR effective 25.07.2026official-pdf · current · accessed 31 Aug 2026
↗
NULM, NRLM and MRSETIsofficial-composite-product-page · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹19,382nineteen thousand three hundred eighty-two rupees
Interest paid over the full loan₹21,51,794twenty-one lakh fifty-one thousand seven hundred ninety-four rupees
Everything you repay₹46,51,794forty-six lakh fifty-one thousand seven hundred ninety-four rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

CCL minimum · Drawing power or rate₹6 lakh per eligible for 3 years

This value is copied from DAY-NRLM drawing power and rates. Check the table notes before relying on it.

Source: DAY-NRLM · Drawing power, rate and subvention tables Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 10 rows · 2 columnsDAY-NRLM SHG drawing power and ratesView tableHide table

Scroll sideways to view every column

DAY-NRLM SHG drawing power and rates
Year/limitDrawing power or rate
CCL minimum₹6 lakh per eligible for 3 years
First year6× existing corpus or minimum ₹1.5 lakh, whichever higher
Second year8× corpus at review or minimum ₹3 lakh, whichever higher
Third yearMinimum ₹6 lakh based on and history
Fourth year onwardAbove ₹6 lakh based on and credit history
Up to ₹3 lakh7.00% p.a. where subvention applies
Above ₹3 lakh to ₹5 lakhOne-year
Above ₹5 lakhOne-year + 0.50% BSS + 1.50%
Women up to ₹3 lakh ( 2022-23)4.5% p.a. uniform subvention
Women above ₹3 lakh to ₹5 lakh ( 2022-23)5% p.a. uniform subvention
DAY-NRLM · Drawing power, rate and subvention tables · accessed 31 Aug 2026Open official source ↗
Table 2 · 2 rows · 2 columnsDAY-NRLM security and marginView tableHide table

Scroll sideways to view every column

DAY-NRLM security and margin
Loan bandPublished security/margin
Up to ₹10 lakhNo collateral, no margin, no savings lien or deposit
Above ₹10 lakh to ₹20 lakhNo collateral/no savings lien; eligible; up to 10% margin on amount above ₹10 lakh
DAY-NRLM · Security and Margin · accessed 31 Aug 2026Open official source ↗

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