HOME LOANS Scheme to SELF HELP GROUPS IN RURAL AREAS of India by State Bank of India.
The Sahyog Niwas Scheme provides Home Loan to Self help groups, having good payment record of 2 years, for on lending to their members for:
Purchase or construction of a house exclusively or including the housing needs of activities carried by them (Dairy shed, tailoring shed/shop, grocery stores etc.)
Renovation or repair of an existing house / shed
Purchase of a plot for the construction of house
Extension of existing house / work space to existing house / shed.
Home Loan amount under Sahyog Niwas Scheme is restricted to 10 times of the saving corpus of SHG subject to a maximum amount of Rs. 50,000/ per member.
Home Loan applications received for rupees ₹ 419,027 crores till 04 December 2020
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