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Why Choose Us?

Collateral-free Loans

Low Interest
Rates

Zero Processing Fee

What’s in store for you?

Interest Rate for Self Help Groups ​Starting from

11.5 % - 19 %

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Financial Support

Financial Support

  • The Sustainable Livelihood Initiative (SLI) is a holistic approach that aims to deliver financial support to that section of the population who lack access to formal banking services. By making loan availability convenient and stress-free, our objective is to empower Self Help Groups (SHG) and Joint Liability Groups (JLG) with financial independence and eliminate their dependence on money lenders.
  • So far, HDFC Bank SLI has enabled women to avail credit and utilise it for professions such as livestock rearing, handicrafts, tailoring, artificial jewellery designing, setting up grocery shops, etc. It has also augmented cash flow to farmers by extending collateral-free loans that can be repaid as monthly EMIs. This is how HDFC Bank makes borrowing easier, helping individuals and groups overcome barriers. Affordable credit reduces dependency on high-interest moneylenders. Beyond loans, we offer guidance for long-term financial stability. Currently this facility is extended to women who meet the eligibility criteria.
Financial Support

Details

  • Get minimum funding of ₹10,000 for JLG and ₹5,000 for SHG.

  • Maximum funding is capped at ₹1,00,000 per member.

  • The maximum repayment tenure is up to 24 Months for JLG and 36 Months for SHG.

  • The interest rate ranges from 11.5% to 19% p.a. for SHG and 22% to 25 % p.a. for JLG.

  • Funding is available to women borrowers with zero processing fees and no closure or pre-closure charges.

  • You can apply by going to your nearest HDFC Bank branch.

Details

Wondering if you’re eligible?

Criteria

  • Group Size:SHG & JLG with Minimum 5 members
  • Financial Record:Regular repayment
  • Bureau Check:Mandatory

Fair Practices Code (FPC)

  • Micro-Finance:Collateral-free loans up to ₹3lakh
  • Household Meaning:Husband, wife, and unmarried children.
  • Loan Approval:Based on income and repayment ability
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Documents you need to start

Identity Proof

  • Aadhaar Card
  • Valid Passport
  • Voters ID card
  • Driving Licence
  • PAN Card

Address Proof

  • Aadhaar Card
  • Valid Passport
  • Voters ID Card
  • Driving Licence

Loan Track Record

  • If any loans are obtained
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More about the Sustainable Livelihood Initiative

HDFC Bank SLI empowers individuals, particularly women and farmers, with access to credit, fostering financial independence and reducing dependency on informal money lenders.

Features include convenient loan accessibility, stress-free application processes, collateral-free loans for professions like livestock rearing, handicrafts, tailoring, and support for setting up businesses such as grocery shops.

Interested individuals can apply for HDFC Bank SLI by contacting their nearest branch or through designated bank representatives, who guide applicants through the application process and provide necessary assistance.

Frequently Asked Questions

The Sustainable Livelihood Initiative (SLI) by HDFC Bank offers financial support to underserved populations, aiming for financial independence through accessible loans. This Corporate Social Responsibility (CSR) project is committed to fostering a sustainable future for these communities.

Sustainable Livelihoods Initiative is the name given to the initiative by HDFC Bank to uplift and provide loans conveniently to women who lack access to loans. The objective of this programme is to empower SHGs and JLGs with financial independence and eliminate their dependence on money lenders.