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Business, & agriculture finance

Joint Liability Group Finance

Group demand-loan finance for livelihoods, from ₹60,000 to ₹10 lakh, repayable in 12–36 months.

Loan amount₹60,000 to ₹10 lakhInterest rate12% fixed p.a.Customer typeJLGs of similar members in non-farm or allied agriculture activities
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Quick eligibility check

Joint Liability Group Finance

0 of 6 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.

1Are you this type of customer: Similar-member JLGs engaged in non-farm or allied agri activities within branch area, subject to RBI microfinance criteria?

Published source: Eligibility

2Do you meet this requirement: JLGs of similar members in non-farm or allied agriculture activities?

Published source: Customer type

3Do you meet this requirement: Articles of Agreement for financing JLGs?

Published source: Documents

4Do you meet this requirement: inter se agreement?

Published source: Documents

5Do you meet this requirement: demand promissory note and delivery letter?

Published source: Documents

6Document checkDo you have this required document or proof: Articles of Agreement for financing JLGs; inter se agreement; demand promissory note and delivery letter?

Published source: Documents
0 of 6 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 4 Sept 2026 · active
Offered byState Bank of India

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 amount₹60,000 to ₹10 lakhView source
Group lending model; minimum Rs 60,000 and maximum Rs 10 Lakhs.
Source
Financing Joint Liability Group
Page / section
Loan Amount
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
FacilityDemand loan under group-lending modelView source
Facility: Demand Loan.
Source
Financing Joint Liability Group
Page / section
Facility
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Repayment12–36 months including one-month moratoriumView source
One month moratorium; minimum 12 and maximum 36 months inclusive.
Source
Financing Joint Liability Group
Page / section
Moratorium and Repayment Period
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Interest rate12% fixed p.a.View source
12% fixed; minimum, maximum and average 12%.
Source
Financing Joint Liability Group
Page / section
Interest Rate
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
EligibilitySimilar-member JLGs engaged in non-farm or allied agri activities within branch area, subject to RBI microfinance criteriaView source
Members should be similar, perform similar activities and be in non-farm or allied agri activity within branch area.
Source
Financing Joint Liability Group
Page / section
Eligibility Criteria
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Security and marginNil margin; primary and collateral security nilView source
Margin nil; primary and collateral nil.
Source
Financing Joint Liability Group
Page / section
Margin and Security
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Other chargesNil under the regulatory framework on microfinance loans and SBI policyView source
Nil as per regulatory framework on microfinance loans and policy.
Source
Financing Joint Liability Group
Page / section
Other Charges
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Turnover / vintageNo turnover or business-vintage threshold is published on the complete reviewed official product pageView source
The reviewed pages state customer, activity, land, group, credit-score and account conditions where applicable, but do not publish a turnover or business-vintage threshold for these products.
Source
agriculture product catalogue and linked official product pages
Page / section
Complete product-page review; eligibility and features
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsIndiaView source
The manually reviewed product record states: “India”.
Source
Joint Liability Group Finance — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Customer typeJLGs of similar members in non-farm or allied agriculture activitiesView source
The manually reviewed product record states: “ of similar members in non-farm or allied agriculture activities”.
Source
Joint Liability Group Finance — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
DocumentsArticles of Agreement for financing JLGs; inter se agreement; demand promissory note and delivery letterView source
The manually reviewed product record states: “Articles of Agreement for financing ; inter se agreement; demand promissory note and delivery letter”.
Source
Joint Liability Group Finance — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • ₹60,000–₹10 lakh
  • Demand loan with one-month moratorium
  • 12–36-month repayment
  • 12% fixed p.a.; nil security and charges

Eligibility

  • members should be similar and engage in non-farm or allied agri activities within the branch area; microfinance criteria apply.

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

Documents the bank lists

  • Articles of Agreement for financing ; inter se agreement; demand promissory note and delivery letter

Related official documents

Financing Joint Liability Group — sustainable livelihoodsofficial-product-page · current · accessed 4 Sept 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₹27,527twenty-seven thousand five hundred twenty-seven rupees
Interest paid over the full loan₹41,06,517forty-one lakh six thousand five hundred seventeen rupees
Everything you repay₹66,06,517sixty-six lakh six thousand five hundred seventeen 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.

DAY-NRLM Finance · Published amount/limit₹1.50–₹20 lakh

This value is copied from additional agriculture catalogue products — page tables. Check the table notes before relying on it.

Source: agriculture product catalogue and linked official product pages · Agriculture catalogue — Micro Credit, Gold Loan, Farm Mechanisation, Allied Activities and Miscellaneous Activities Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 11 rows · 5 columnsSBI additional agriculture catalogue products — page tablesStructured transcription of every numeric term, eligibility rule, fee, rate, security and payment condition published on the reviewed product pages.View tableHide table

Scroll sideways to view every column

SBI additional agriculture catalogue products — page tables
ProductPublished amount/limitRate and feesTenure/paymentEligibility/security
DAY-NRLM Finance₹1.50–₹20 lakh7% to 10.40% p.a.; nil chargesTerm 24–84 months; cash credit 12 monthsRural DAY-NRLM active 6 months; no collateral; margin up to 10% above ₹10 lakh
Co-lending individual ₹10,000–₹3 lakh10.50% fixed minimum + servicer fee; 10.50–20.00%; nil charges12–36 months incl. 1-month moratoriumSimilar-member ; nil margin and security
Direct Linkage to ₹50,000–₹20 lakh14% p.a.; no processing/documentation/inspection fee up to ₹5 lakhTerm 24–60 months; cash credit 36 months6-month , grading/corpus; collateral nil; margin 10% above ₹10 lakh
Finance₹60,000–₹10 lakh12% fixed p.a.; nil charges12–36 months incl. 1-month moratoriumSimilar-member ; nil margin and security
Multi Purpose Agricultural Gold Loan₹5,000–₹25 lakh8.85% p.a.; processing nil to ₹50,000, then 0.50%/0.30% tiers + 12 monthsFarmers/allied borrowers; pledge of gold ornaments
Combine Harvester Loan₹5–₹35 lakh1-year + 3.50%; 1.50% processing feeHalf-yearly principal-equated instalments; maximum tenure not stated20% margin; land and credit-score rules; documents listed
Animal Husbandry & FisheriesNo minimum ceiling; below ₹50 lakh7% up to ₹2 lakh; effective 4% with prompt repayment; nil to ₹3 lakh then 0.65% + Working-capital cash creditFishery/livestock farmers and groups; collateral waiver up to ₹2 lakh or ₹3 lakh with tie-up
Agri Clinic and Agri Business Centres₹20 lakh individual; ₹1 crore group1-year + 2% up to ₹50 lakh; processing nil to ₹2 lakh then 1.40% + Up to 10 years incl. 24-month moratoriumAge 18–60 eligible agri qualifications; subsidy subject to terms
Polyhouse Loan₹1 lakh–₹5 crore + 2% up to ₹50 lakh; processing as guidelines72 months incl. 12-month moratorium15% margin; assured irrigation; collateral nil up to ₹1.60 lakh
Cold Storage/Warehouse Construction₹1 lakh–₹50 crore1-year + 2% up to ₹50 lakh120 months incl. 24-month moratorium; half-yearly instalments25% margin; broad entity eligibility; published collateral tiers
Rinn Samadhan 2025–26Agri cut-offs ₹10–₹20 lakh5% early-bird incentive; interest/expense concessions10% + 10% + balance within 90 days; scheme ends 31 Mar 2026Specified only; fraud/wilful-default/NCLT and other exclusions
  • Rows preserve the official page values; where a page explicitly gives no numeric maximum (Combine Harvester tenure), that absence is retained rather than inferred.
agriculture product catalogue and linked official product pages · Agriculture catalogue — Micro Credit, Gold Loan, Farm Mechanisation, Allied Activities and Miscellaneous Activities · accessed 4 Sept 2026Open official source ↗

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