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Self Employment Programme (SEP)

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Yes, any member in the Group can be deleted before the screening of application.

This loan application is deactivated from database and it will not further visible on any screen.

No. One person can be a member of one SEP-G only.

Yes. Single beneficiary can avail all the benefits from all components of NULM. But only one beneficiary id will be generated.

These are the mandatory field while entering member’s details in a group:-

  1.  Member Name,
  2. Member’s Father/Spouse Name,
  3. Qualification and,
  4. Date of Birth (DOB).

A group must have at least 5 members.

No, only the deleted component data will be removed, but the beneficiary details will be available for other components.

While screening of application the following two conditions are checked -
a) Group should submit all the required documents (Loan form, address proof etc.)
b) Group must have at least 5 members.

No. only one loan can be availed by each group.

Yes. After rejection they can apply for new loan. This will be treated as new application.

Application No is generated while entering the initial loan application. While at the time of bank approval the Group Enterprise Code will be generated.

First of all create SHG in SM&ID component and open SHG-Bank Linkage Application screen And find same SHG in search box. If it is found then the entire read only field get bind with the value automatically. Now fill loan amount required, Application received date, recommended by and select document collected if any. Finally click on save button to create loan application of SHG.

Selection of recommended by is to track list of applications recommended by different RO, ALF & CLF.

Yes, SHG can apply any number of times, but only one loan will be approved per SHG.

An additional 3 percent interest subvention will be provided to all Women SHGs (WSHGs) who repay their loan in time. The Interest subsidy will be subject to timely repayment of the loan (as per the loan repayment schedule) and suitable certification obtained from banks by the ULB. The additional 3% interest subvention amount will be reimbursed to the eligible WSHGs. The banks should credit the amount of 3% interest subvention to the eligible WHSGs accounts and thereafter seek the reimbursement

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