Social Sciences, asked by naithikchinu, 2 months ago

What is the difference between the bank loan and through SHG ?

Answers

Answered by Sreekala4mt

Answer:Bank loan advances the loan by mortgaging any property as collateral, but SHG advances their loan without any collateral. The rules in the banks make the loan procedure rigid whereas the SHGs give loans to the members itself and without any rigid procedures.

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