The Self Help Groups (SHG) and Pragathi Bandhu  Groups formed by SKDRDP BC Trust are financed by six major banks viz. State Bank of India, Bank of Baroda, IDBI Bank, Bank of Maharashtra, Karnataka Grameen Bank and Karnataka Bank.

The rate of interest of the loan availed by the members of SHG through Bank OD/CC loan is 13.5 % (Dakshina Kannada and Udupi) and 14 % (all other district except Belgaum). This rate includes the bank interest plus BC service charges payable by the Bank to SKDRDP. The rate may be varies according to the rate revised by the bank.

The senior members of the SHGs who are interested in micro entrepreneurs are getting loans from SIDBI for entrepreneur purpose under their ‘Prayas Scheme’. The loans disbursed through SIDBI are also charges interest rate of 14% and applicable service charges.

RATE OF INTEREST: For new sanction from 01-05-2025

The rate of interest  revised for the loans disbursed by SHG to its members from 01-05-2025 are as follows

1) 14.5% :The earlier rate of interest at 13.5% and 14% have revised to 14.5% in those respective districts

2) 15% : This rate of interest applicable for the SHG coming in Chikkamangaluru, Haveri, Coorg, Raichur and Bangalore Districts

3) 15.5% : This rate of interest applicable for the loans disbursed by the SHG to its members at Belagavi District