Bank Linkage &
Interest Subvention(BLIS)
“Mission Shakti” has been a noteworthy endeavour for women’s empowerment in the State of Odisha. Under Mission Shakti, the SHG-Bank Linkage Programme is a major Financial Inclusion initiative.
6 Lakh
Women SHGs
70 Lakh
SHGs Members
Rs. 84.50 Cr
Revolving Fund for 338
Rs. 180.00 Cr
Digital Empowerment
Bank Linkage & Interest Subvention(BLIS)
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“Mission Shakti” has been a noteworthy endeavour for women’s empowerment in the State of Odisha. Under Mission Shakti, the SHG-Bank Linkage Programme is a major Financial Inclusion initiative.
Notice
Board
Circular
Guidelines
Objective
To enable WSHGs to invest more capital in livelihoods activities resulting in improved quality of life.
To enhance credit access to WSHGs at an affordable cost, to meet their credit requirement, creating an enabling environment for enhancing productivity and reducing vulnerability.
To inculcate prompt repayment culture among WSHGs availing credit from Banks.
To reduce the interest burden on WSHGs.
Participating Banks
who are operating on the Core Banking Solutions (CBS) can participate and avail the interest subvention under the scheme.
Scheduled Commercial Banks
Co-operative banks
(Public Sector Banks, Private Sector Banks, and Regional Rural Banks)
Interest Rate
The effective rate of interest for all WSHGs will be at 1% per annum only on prompt and regular repayment for a loan. This benefit is available for loans up-to Rs. 3 Lakh. Beyond loan limit of Rs. 3 Lakh, Banks will charge the usual lending rate. This is applicable from 1st April 2015 to 31st March 2019.

From 1st April 2019 the effective rate of interest to WSHGs for loans upto 3 lakhs will be at 0% (interest free) with other conditionalities remaining the same.
at 1%
per annum only on prompt and regular repayment for a loan
0%
(interest free)
From 1st April 2019
Mission Shakti Bhawan , At- Gandamunda
PO- Bramunda, bhubneswar,Odisha,Pin-751030
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