Malappuram District Co-operative Bank Ltd
General IFS Code: IBKL0209M01 NRE IFS Code: FDRL0SME002

Micro Finance

Loans to Micro Finance Details
Microfinance – Loans to SHG These loans are given to Self Help Groups (size 15 to 20 persons) which have met the criteria as prescribed by NABARD.
Rate of Interest: Click here
Security: Nil
Loan amount: upto 5 Lakh
Duration: 36 months
Documents required: No processing fee. Contact Branch
Microfinance – Loans to JLG These loans are given to individuals as per the criteria of NABARD to groups of individuals (4 to 10 persons) who come together for a venture.
Rate of Interest: Click here
Security : Nil
Loan amount: upto 5 Lakh
Duration: 36 months. Contact Branch
Microfinance – Loans to SHG (NRLM) These loans are given to the all women SHGs as per the direction os of GoI.
Rate of interest: Click here
Security: Nil
Loan amount: upto 3 Lakh
Duration: 36 months. Contact Branch