MEPMA launches MLCC App for SHG loans
The session, directed by CM N Chandrababu Naidu and guided by Minister for Municipal Administration and Urban Development (MAUD) P Narayana, included representatives from SLBC and banks.
Principal Secretary of MA&UD S Suresh Kumar said the profiling of 2,74,873 urban Self-Help Groups (SHGs), covering 28,39,046 members (99.41%), has been completed through the SHG Profiling App.
The data, now Aadhaar-linked, aims to streamline loan verification, minimise fraud, and expedite disbursement via the MLCC module. MEPMA Mission Director N Tej Bharat announced that from June 1, SHG loans in urban areas will be processed solely through the MLCC app, replacing the traditional physical process.
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