BMB Joint Liability Group Scheme

Features

  • Available to Marginal Farmers, Small Farmers, Tenant farmers, Oral Lessees, Share croppers, Petty traders, Fish Farmers, members of producer organization, members involved in any entrepreneurial activity in Non-Farm Sector
  • Loans to group of 4-10 individuals
  • Savings by the JLG members is voluntary and not mandatory
  • Cash credit, Short Term loan or Term Loan depending upon the purpose and tenor of loan

Benefits

  • No Collateral and margin
  • Loan eligibility is Rs. 50,000 per individual with a maximum of Rs. 5, 00,000.00 per Joint Liability Group

Interest

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  • Lockers available at our Branches in Mumbai, Raipur, Dehradun, Kanpur, Kolkata, Thiruvananthapuram, Ranchi, Agra, Chennai, Jaipur, Agartala, Alwar, Bengaluru, Chandigarh, Panaji, Gurgaon, Lucknow, Hyderabad, Kochi, Panchkula, Indore, Bhubaneswar, Bhubaneswar, Thane, Najafgarh

  • Lockers available at our Branches in Agartala, Agra, Alwar, Bengaluru, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Coimbatore, Dehradun, Goa, Gurgaon, Hyderabad, Indore