UCO Bank brings you the Digital SHG Loan, a fully digital platform for sustainable livelihood activities of SHG members. With simple and real-time validation, you can apply and receive instant In-sanction letter. SHG should practice the panchasutras. Facility is proposed to be available in E-Banking and M-Banking. Customer can apply for Digital SHG Loan with their Mobile no/Account no by clicking on Start Application.
KEY FACT STATEMENT (Illustration)
Particulars
Details
Purpose
For sustainable livelihood activities of SHG members.
Eligibility Criteria
• Existing to Bank (ETB) as per bank internal criteria, including being in active Self Help Group for a minimum of six months, practising the panchasutras. • CIBIL Score of signatories should be >= 650. • No SMA-2/NPA in any trade line in the past 12 months will be eligible. • KYC compliant accounts.
