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Personal, home, vehicle & other loans

Shakti

Term-loan and cash-credit support for established Self Help Groups undertaking allied agriculture, food processing, manufacturing, services or trade activities.

Interest rateNo product-specific percentage is published on the page; applicants are directed to the bank's lending-rates link.Maximum amountAbove ₹10 lakh and up to ₹20 lakh.TenureTerm loan maximum 60 months depending on activity; cash-credit limits have yearly drawing-power assessment.
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Quick eligibility check

Shakti

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: the published eligibility test is an existing SHG with satisfactory repayment history?

Published source: Minimum income

2Does your annual income meet this requirement: Existing Self Help Group with satisfactory repayment history, undertaking allied agriculture or MSME income-generating activity?

Published source: Eligibility

3Do you meet this requirement: crop loans and land-improvement works are excluded?

Published source: Eligibility

4Do you meet this product condition: SHG resolution/KYC, group savings and repayment records, project or micro-credit plan, quotations, CGFMU documentation and primary-security records?

Published source: Required documents

5Do you meet this requirement: The official?

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

Published source: Required documents

7Document checkDo you have this required document or proof: Group savings, meeting and repayment records?

Published source: Required documents

8Document checkDo you have this required document or proof: Micro-credit/project plan and quotations?

Published source: Required documents

9Document checkDo you have this required document or proof: CGFMU and primary-security documentation?

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

India

Key facts

What the official sources publish

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

Loan typeTerm loan and cash credit for eligible existing Self Help Groups.View source
The page lists term loan and cash credit.
Source
Shakti — Indian Bank
Page / section
Nature of Facility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateNo product-specific percentage is published on the page; applicants are directed to the bank's lending-rates link.View source
The page refers customers to the lending-rates link without a numeric rate.
Source
Indian Bank Shakti rate review
Page / section
Interest Rates
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkNo named benchmark or spread is published on the product page.View source
Only a lending-rate reference is provided.
Source
Indian Bank Shakti benchmark review
Page / section
Interest Rates
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR percentage is published.View source
The page publishes loan amount, security and tenure but no .
Source
Indian Bank Shakti review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo income threshold is published; the published eligibility test is an existing SHG with satisfactory repayment history.View source
The target group is defined by status and repayment history, not salary.
Source
Indian Bank Shakti eligibility review
Page / section
Target Group
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountAbove ₹10 lakh and up to ₹20 lakh.View source
The amount row publishes above ₹10 lakh up to ₹20 lakh.
Source
Indian Bank Shakti loan amount
Page / section
Amount of Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureTerm loan maximum 60 months depending on activity; cash-credit limits have yearly drawing-power assessment.View source
The page publishes 60 months for term loans and yearly for cash credit.
Source
Indian Bank Shakti repayment
Page / section
Repayment Terms
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeThe page directs customers to Indian Bank's current service-charge schedule; no numeric SHG Shakti fee is published on the reviewed page.View source
The page refers to service charges without a product-specific number.
Source
Indian Bank Shakti fee review
Page / section
Service Charges
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo separate prepayment or foreclosure charge is published.View source
The page publishes repayment and security but no foreclosure charge.
Source
Indian Bank Shakti prepayment review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityExisting Self Help Group with satisfactory repayment history, undertaking allied agriculture or MSME income-generating activity; crop loans and land-improvement works are excluded.View source
The page names eligible allied-agriculture/ activities and exclusions.
Source
Indian Bank Shakti eligibility
Page / section
Target Group; Purpose
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Required documentsSHG resolution/KYC, group savings and repayment records, project or micro-credit plan, quotations, CGFMU documentation and primary-security records.View source
The page requires an existing-group assessment, assets created from finance and coverage.
Source
Indian Bank Shakti documentation
Page / section
Target Group; security; facility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Loan amount above ₹10 lakh up to ₹20 lakh
  • Term-loan repayment up to 60 months
  • Cash-credit limits with yearly drawing-power assessment
  • Nil collateral and third-party guarantee under coverage

Eligibility

  • The official page requires an existing with satisfactory repayment history.
  • Purpose includes pisciculture, beekeeping, poultry, livestock, dairy, fishery, agri-clinics, food/agro processing and activities; crop loans and land-improvement works are excluded.

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

Documents the bank lists

  • resolution and records
  • Group savings, meeting and repayment records
  • Micro-credit/project plan and quotations
  • and primary-security documentation
  • Bank account and cash-flow records

Related official documents

SHG Shakti — Indian Bank official product pageofficial-product-page · current · accessed 31 Aug 2026
↗

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Loan repayment estimate

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One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine 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.

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Target group · Published detailExisting with satisfactory repayment history.

This value is copied from Shakti — published terms. Check the table notes before relying on it.

Source: Shakti — Indian Bank · Complete product criteria Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 7 rows · 2 columnsSHG Shakti — published termsCurrent Indian Bank SHG Shakti amount, purpose, security and repayment.View tableHide table

Scroll sideways to view every column

SHG Shakti — published terms
ParameterPublished detail
Target groupExisting with satisfactory repayment history.
PurposeAllied agriculture and income generation; crop loans and land improvement excluded.
FacilitiesTerm loan and cash credit.
AmountAbove ₹10 lakh up to ₹20 lakh.
SecurityPrimary assets created from loan; collateral nil; coverage and no third-party guarantee.
RepaymentTerm loan maximum 60 months; cash credit with yearly drawing power.
Rate / feeRefer lending-rate and service-charge schedules; no product-specific number on page.
Shakti — Indian Bank · Complete product criteria · accessed 31 Aug 2026Open official source ↗

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