Form No. 30SHG
LOAN, APPLICATION FORMS, DOCUMENTS, STATEMENTS ETC.
RELATED TO MICRO CREDIT (SELF HELP GROUP)

SHG - (i)
ANNEXURE – I
(To be stamped as a general Power of Attorney)
Inter-se Agreement to be executed by the member of the Self Help Group
THIS AGREEMENT
made______________________________________________________________________this____________________day
of________________________________200___
Between
Shri/Smt./Kum./_______________________________________________________________________________
Son/Wife/Daughter of_____________________________________________________,
aged_________________ years____________
residing at__________________________________________________; and
2.
Shri/Smt./Kum._______________________________________________________________________________
Son/Wife/Daughter of____________________________________________,
aged_________________ years____________
residing at__________________________________________________; and
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who are members of the __________________group, hereinafter referred to collectively as "The Self-Help Group (SHG)
Members", which express on shall, unless repugnant to the context or meaning, include every member of the said SHG and
their respective legal heirs, executors and administrators.
WHEREAS all SHG members are residents of__________________Village in_________________________________taluka
of the___________________________State and are known to each other.
WHEREAS the SHG members above-named have joined voluntarily together and formed the SHG with intent to carry on
savings and credit and other economic activities for mutual benefit subect to the terms and conditons hereinafter appearing :
NOW THEREFORE THIS AGREEMENT WITNESSETH THAT :
1.
Each members of the SHG shall save a sum of Rs._____________ (Rupees________________________________
___________________________ only) or such sum as may be decided by the Group, on weekly/fortnightly/monthly
basis which shall be deposited with the authorised member of the group.
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2.
Each member shall strive for the success of the SHG and shall not act in any manner detrimental to the business
interests of the SHG.
3.
The SHG members shall be jointly and severally liable for all the debts contracted by the SHG.
4.
All assets and goods acquired by the SHG shall be in the joint ownership of all the members of the SHG and shall
ordinarily be in the constructive custody of such Members as may be authorised by the Group and shall be kept at
the place of business at_________________which shall not be changed without consent of the SHG members.
5.
The SHG members hereby duly elect and appoint
Shri/Smt./Kum._________________________________________________ as ____________________________,
Shri/Smt./Kum.___________________________________________________as____________________________
Shri/Smt./Kum.___________________________________________________as____________________________
[by whatever name designated] to look after and manage the day to day affairs of the SHGs activities and also act in
their name and on their behalf in all matters relating thereto. The authorised representatives, may however, be
removed at any time by majoirity vote of the members and new representatives elected.
6.
Each of the SHG members hereby agrees to abide by and ratify all such act, deeds and things as the authorised
representatives may do in the interest of the said activities.
7.
The authorised representatives shall take decision in the day to day working of the SHG and each representative
shall actively involve herself or himself and cooperate in looking after the day -to-day affairs of the SHG activities in
particular to attend to the following activities.
Every member of the SHG hereby authorises the representatives to apply for the loan on behalf of the SHG and
execute necessary agreements/documents on behalf of the SHG for the purpose. The authorised representative may collect
loan amounts from the bank on behalf of SHG, deposit the same in the savings account of the SHG for onlending to members
in accordance with the decision of the SHG and also deposit recovery of loan instalment from memebrs in the loan account/s
of SHG with the bank.
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8.
TheSHG members hereby specifically authorise the representatives :
(i) To open Savings, Fixed Deposits and other accounts in (..............................................) bank approved by the
SHG and operate the same under the joint signature of any two of the following authorised representatives.
Shri/Smt./Kum.____________________________________________________________________________
Shri/Smt./Kum.____________________________________________________________________________
Shri/Smt./Kum.____________________________________________________________________________
(ii) To keep or cause to be kept proper books of accounts of the savings, made by the Members, loans granted to
them and the recoveries made from them and render every year accounts to the SHG members for their
approval and adoption;
(iii) To receive all payments due to the SHG and issue requisite receipts or acknowledgement and on behalf of the
SHG;
(iv) To institute and defend on behalf of the SHG members any legal proceedings and safe guard the interests of
each member of the said SHG and for this purpose engage or disengage lawyer or advocate or agent and
incur the necessary legal expenses in conection therewith.
9.
In the event of death of any of the members of the SHG, his/her legal heirs shall be entitled for benefits and be liable
for the obligations of the deceased member under this agreement.
10.
It is agreed that no new person shall be inducted as a member of the SHG without consent of the existing members.
IN WITNESS WHEREOF the aforesaid members of the SHG have set their respective hands hereunto the
place________________________________and on_________________day of________________month year first
herein appearing.
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Name of member Signature/s/Thumb of the
SHG impression
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WITNESSES :
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2.
(Note : The SHG shall not consist more than 20 persons)
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SHG (ii)
ANNEXURE - II
Application to be submitted by SHG to Bank Branch while applying for loan assistance
Name of the Self-Help Group :
Address :
Formed/Established on Registered : Yes/No
If registered : give number and date
and furnish true copy of the
Certificate of Registration
Number of members in the Group :
Name of SHPI/NGO/VA assisting the Group :
____________________________________________________________________________________________________
To. : Date :
The Branch Manager
____________________________ Bank
____________________________ Branch
Dear Sir,
APPLICATION FOR LOAN
We the duly authorised representatives of the above SHG hereby apply for a loan aggregating Rs._______________
(Rupees_______________________________________ only) for on-lending to our Members. The financial particulars of the
group as on____________________are given in the enclosed sheet.
(date)
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2.
REPAYMENT SCHEDULE
We agree to repay the loan amount as per the repayment schedule which may be fixed by the bank.
3.
A copy of the inter-se Agreement executed by all the members of the group authorising us interalia to borrow on
behalf of the SHG is enclosed.
4.
We hereby declare that the particulars given above are true and correct to the best of our knowledge and belief.
5.
We hereby authorised the Bank to disclose all or any particulars or details or information relating to our loan
accounts with the Bank, to any other financial institution including NABARD, Governement or any agency as may be
considered necessary or desirable by the Bank. It will be in order for the Bank to disqualify the SHG from receiving
any credit facilities from the Bank and/or recall the entire loan amount or any part thereof granted on this applicaton,
if any of the information pertaining to the Group, furnished herewith is found incorrect and/or containing
misrepresentation of facts.
Yours faithfully
1.
2.
(Authorised representatives)
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SELF HELP GROUP
Financial Particulars as on__________________________
(Date)
____________________________________________________________________________________________________
Sr. No. Particulars Amount (in Rs.)
____________________________________________________________________________________________________
1.
Savings from Members
2.
Seed Money from SHPI (NGO/VA), if any
3.
Borrowings Outstanding : (Please specify source)
4.
Loans outstanding against members
5.
Amount in default, if any, against members
6.
Recovery precentage :
7.
Cash/bank balance
(Authorised Representative) (Authorised Representative)
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SHG (iii)
ANNEXURE - III
Format of Articles of Agreement for use by banks while financing Self-Help Groups
The Articles of Agreement made on this_________________day of____________200___ at _____________By and
Between M/s__________________________________ (name of SHG)_______________________________________an
unregistered associaton of persons/individuals having its office at________________________________________________
represented by its authorised representative Shri/Smt.______________________________, _______________________and
(Name) (Designation)
Shri/Smt._________________________________________________________, __________________________________
(Name) (Designation)
who are fully authorised by all the members of the SHG, (a copy of such Authorisaton is annexed hereto and forms part of this
agreement), hereinafter referred to as the "borrower", which expression shall unless repugnant to the subject or context
thereof, mean and include members of the unregistered association for the time being, their respective successors, legal
heirs, administrators and assigns of the one part and Punjab & Sind Bank a body corporte constituted under
the Banking Companies (Acquisation & Transfer of undertaking) Act 1980 having its Head office at 21 Rajendra Place, New
Delhi and the Branches, interalia, one at________________________ hereinafter called "the Bank" which expression shall
unless repugnant to the subject or context thereof mean and include its successors and assignees of the second part.
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Whereas the borrower is an unregistered association of persons who have interse agreed to help each other as Self-
Help Group with a view to developing and ameliorating the socio-economic conditions of their members.
,
,