📝 Maheshpur S.K.U.S. Ltd.
Photo: Pondicherry17 · CC BY-SA 4.0 · Wikimedia CommonsHow to Form & Apply for an SHG
From forming a new group to opening an account and the first loan application — a complete step-by-step guide.
✔ 6 easy steps✔ Free guidance✔ Book-keeping training✔ Loan-ready in 3–6 months
Step by step
- 1
First meeting with 10–20 interested women
- 2
Decide name, savings amount, meeting day and rules
- 3
Elect President, Secretary, Treasurer
- 4
Open the group savings account at the society
- 5
Regular savings, internal lending, updated books
- 6
Grading and cash-credit/term-loan application
Books to maintain
- Minutes/resolution book
- Members’ savings ledger
- Loan ledger
- Cash book and general ledger
- Individual member passbooks
📂 Documents required
- Formation resolution
- Member list
- Aadhaar & voter ID of all
- Signatories’ PAN/Form 60 & photos
- Account opening form
❓ Frequently asked questions
Minimum to open an account?
Per the office notice; usually very small.
When can we get a loan?
Usually after 3–6 months of regular activity and good grading.
Need more information or help?
Mon – Sat: 10 AM – 4 PM