Introduction The SHG Bank Linkage Programme India is a massive financial inclusion initiative where small, informal Self-Help Groups (SHGs) open savings accounts with formal banks to eventually secure collateral-free loans. In simple terms, 10 to 20 people from a community come together, pool their monthly savings (bachat), and link this joint fund to a recognized … Read more
Introduction For decades, the traditional “bachat group” has been the ultimate financial safety net for millions of Indian middle-class families, students, and small shop owners. By coming together and pooling small monthly savings, ordinary citizens have funded education, handled medical emergencies, and started local businesses. To support this incredible community effort, the banking sector introduced … Read more
Bachat Book is more than just a blog—it’s a movement toward financial independence. We provide well-researched articles and guides on how to save more, spend wisely, and grow your wealth in the digital age. Join us as we explore the best ways to turn your small "Bachat" into big dreams.