Mahila Bachat Gat (UMED) Loan 2026 � ₹20 Lakh at 4% for Women SHG in Maharashtra

The Mahila Bachat Gat (Women Self Help Group) Loan Scheme under UMED (Maharashtra State Rural Livelihood Mission) is one of the most powerful tools for rural women's economic independence. Women SHGs with 2+ years of existence can get loans up to ₹20 lakh at just 4% annual interest � far lower than any commercial bank rate � for livelihood activities, agriculture, small business, or animal husbandry.

Loan Details

Parameter	Details
Maximum Loan	₹20 lakh
Interest Rate	4% per annum
Repayment Period	Up to 3 years
SHG Age Requirement	Minimum 2 years active
Income Limit	Members' annual income below ₹3 lakh
Mode	Bank-linked (through nationalised banks)

How to Form an SHG and Apply

1. Form your SHG � group of 10�20 women from same village/neighbourhood
2. Register with UMED through your Block Development Officer (BDO)
3. Maintain regular weekly/monthly savings and meeting records for 2 years
4. Open a joint bank account for the SHG
5. After 2 years, apply for bank linkage through UMED field officer or Community Resource Person (CRP)
6. Submit SHG documents to the bank: registration, 2-year savings records, meeting minutes
7. Bank sanctions loan after UMED endorsement
8. Repay in installments over 3 years at 4% interest

बचत गट नोंदणी व कर्ज प्रक्रिया (मराठी)

१०�२० महिलांचा गट तयार करा. UMED/BDO कार्यालयात नोंदणी करा. दोन वर्षे नियमित बचत, बैठका आणि नोंदी ठेवा. बँक खाते उघडा. UMED क्षेत्र अधिकाऱ्याद्वारे बँक लिंकेज करा. बँक कर्ज मंजूर झाल्यावर ₹२० लाखांपर्यंत फक्त ४% व्याज दराने कर्ज मिळते.

Contact / UMED Office

UMED Portal: umed.in
Contact your Block Development Officer (BDO) for SHG registration