NRLM / NULM KGB NRLM loans
Kerala Grameena Bank loans to self help groups under the National Rural Livelihoods Mission, which works mainly with women, for members' urgent needs and small production work.
Last updated on
- Status
- Open
- Run by
- Kerala Grameena Bank
What you get
- Up to ₹15 lakh, based on the group's micro credit plan
- No collateral up to ₹10 lakh
- No owner contribution
- Eligible for interest subvention under the mission
- Repaid in monthly instalments over 3 to 5 years
Who can apply
- Nano enterprises.
- Only for women.
- The most on offer is ₹15 lakh.
- Borrowing is through a self help group, not as an individual
- The group must have been active for at least 6 months as shown in its own books
- The group must have bylaws, meet regularly and lend and recover among members
- The group must have run credit from its own savings, preferably through a bank account
How to apply
- Apply through your self help group at your nearest Kerala Grameena Bank branch
In person, nearest Kerala Grameena Bank branch, applying as a group
In Kerala, any Kerala Grameena Bank branch, through your self help group. The bank says it has over 635 branches across all districts of Kerala.
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.