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Self-help group
What is a Self-Help Group (SHG) in the context of Indian banking?
A Self-Help Group is a small, homogeneous group of 10–20 members, usually from economically weaker sections, who pool their savings regularly and use the corpus for internal lending and later access formal bank credit.
What is the minimum number of members required to form an SHG?
Minimum 10 members are required to form an SHG.
What is the typical size of a Self-Help Group as per RBI and NABARD guidelines?
An SHG typically has 10 to 20 members, though in special cases such as hilly, tribal, or difficult terrain areas, the minimum can be as low as 5 members.
What is the maximum number of members permitted in a Self-Help Group?
Maximum 20 members are permitted in an SHG.
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