Self Help Group

1.Introduction: 
In order to give undivided attention to rural credit and rural development projects the Bank took a pioneering step in introducing Navodhaya Self Help Group Scheme.

Objectives:
The main objectives of this scheme are:
To create awareness and provide basic education to rural women.
To inculcate savings habit and enable the rural poor to multiply the funds available with them and create an atmosphere conducive to mutual help and togetherness.
To identify and upgrade the skills available with the rural women in order to increase the level of income generation.
On a macro level, the Model is aimed at converting the rural area as producing centers instead of merely centers of consumption. Various training programmes have been arranged by NABARD etc.,to inculcate the awareness and implementation of this NAVODHAYA Self Help Group Scheme.

Members of the Group:
They should belong to the economically backward community/family. They should be the resident of the same village. They should only pay a nominal sum of money towards membership fees and this will not be refunded under any circumstances.
One member can represent one family to become the member.
Any member can represent only one such Group, minimum and maximum age limit as fixed by the Scheme, as prescribed.

To obtain the eligibility for the membership in group:
Each Group should contain minimum 10 members and maximum 20 members.

Society has organized around 130 SHG’s, we are playing an important role in uplifting rural women folk. Loans are given up to 300000/- The repayment by the SHG is 100%

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