1. Flagship Program of the Govt. of India for poverty reduction through development of institution for the poor particulary Women and provide them with sustainable Livelihood means
2. WSHG based on mutual affinity is the building block of NRLM
3. Implementation in Mission Mode
4. Universal Social Mobillization
5. Participatory identification of poor : Not based on BPL list
6. Development of Community based institution
7. Strengthening of SHG and SHG's Federation
8. Training: Capacity building & Skills Development
9. Community investment fund (CIF) in addition to revoking fund
10. Interest subvention in place of Capacity subsidy
11. Universal Financial Inclusion
12. Handholding Support through Federation
13. During initial 2 years amount of loan will be corpus linked whereas after 2 years of existance it will be Micro Credit Plan Linked

1. Amount of Loan can be utilised by the group members for their personal/social needs/ debt swapping/house repair/construction toilet/sustainable livelihood or collective income generation activities
2. While the amount of loan during the first two doses of credit may be utilized for personal/ social needs or debt swapping the later 2 doses will be utilized strictly for income generating activities
3. The objective is financial independance of the group member through repeated doses of credit

1. Mutual Affirnity based WSHG with min 5 members active for 6 months since formation
2. SHG must have been in active existence for 6 months
3. Mixed Gender SHGs permissible incase of physical Challenges/Transgender
4. SHG must follow panchshutras: Regula Meeting/ Saving/ Inter lending/ Repayment and upto date Record Keeping
5. Must Attain Grade I as prescribed by grading norms of NABARD
6. Old and Inactive SHG eligible provided they have been active for last 3 months
7. Defaulters not to be financed under NRLM

CCL: Banks are advised to sanction minimum loan Rs. 6 Lakh to each eligible SHGs for a period of 3 years with a yearly drawing power. The drawing power may be enhanced annually based on the repayment performance of the SHG. The Drawing Power may be calculated as follows:

1^stDose: 6 times of the existing Corpus or Rs. 1,50,000/- (Whichever is higher)

2^stDose: 8 times of the existing Corpus at the time of review or enchamcement or Rs. 3,00,000/- (Whichever is higher)

3^stDose: Minimum of Rs. 6 Lakh based on the Micro Credit plan prepared by the SHG and valued by the SHG                Federation/ Hand Holding agency and the previous credit history.

4^stDose: Above of Rs. 6 Lakh based on the Micro Credit plan prepared by the SHG and valued by the SHG                Federation/ Hand Holding agency and the previous credit history.

TL: Banks are advised to sanction loan amount in doses as mentioned below in respect of Term Loan

1^stDose: 6 times of the existing Corpus or Rs. 1,50,000/- (Whichever is higher)

2^stDose: 8 times of the existing Corpus at the time of review or enchamcement or Rs. 3,00,000/- (Whichever is higher)

3^stDose: Minimum of Rs. 6 Lakh based on the Micro Credit plan prepared by the SHG and valued by the SHG                Federation/ Hand Holding agency and the previous credit history.

4^stDose: Above of Rs. 6 Lakh based on the Micro Credit plan prepared by the SHG and valued by the SHG                Federation/ Hand Holding agency and the previous credit history.

However per borrower indebtedness normally should not exceed Rs. 1 Lakh

RESOLVING FUND: SHG in active existence for 3 to 6 month following panchshutras which have not received any RF in the past are eligible to received RF between 10,000- 15,000 at the First doses

Corpus includes Total Saving + RF + Any Grants

Saving Account mandatory to Credit Linkage

Incase of irregular repayment at any stage, next doses will not be disbursed

Branch will ensure that the amount borrowed in second & onwards doses is used for incoming generating activities

2^ndDose onwards every Cash Credit disbursed will be the form of reducing limit

Upto Rs. 10,00,000/- : NIL ; thereafter Schemes/ activity wise

As prescribed by the Bank, interest will be applied on monthly compounding basis