7/50, Janata Chowk, Ichalkaranji.
Cash Credit Loan
Empower your business with our Cash Credit facility, a short-term loan designed to address your working capital needs. Similar to an Overdraft account, it operates against a credit limit, with the key distinction lying in the nature of security. Elevate your financial flexibility and optimise working capital efficiently with our tailored solution.
Lowest Interest Rates
Smaller EMI
Document Required:
Duly filled in Account Opening Form with valid residential proof
PAN Number
1 photograph
Last three years balance sheet and profit loss and introduction by existing account holder of the Bank.
| Sr. No. | Loan | Interest Rate | ||||
|---|---|---|---|---|---|---|
| 1 | Gold Security Loan | 10.00% | ||||
| 2 | House Construction, House Purchase, Flat Purchase Etc | 11.50% | ||||
| 3 | Farm Loans (Agriculture Purchase, improvement Etc) | 13.00% | ||||
| 4 | Auto Mortgage Loans | |||||
| Four Wheelers and all types of vehicles etc. (For Personal and Professional Use) Two Wheeler, Three Wheeler Etc |
11.50% 12.50% |
|||||
| 5 | Old Vechicle Loan (All Kinds of Vehicles Etc) | 13.00% | ||||
| 6 | Commercial, Project Loans and Other Mortgages | |||||
| 6 . A | Loans up to 25.00 lakhs in Aggregate | 12.50% | ||||
| 6 . B | Aggregate Loans of Rs.25.00 Lakhs and Above | 13.25% | ||||
| 7 | Interest from Annasaheb Patil Economic Backward Development Corporation Loans in Repayment Plan Maharashtra State Other Backward Classes Finance and Development Corporation Limit Interest Subsidized Loans Vasantrao Naik Vimukt Caste and Nomadic Tribes Development Corporation Limited Interest Subsidy Loan |
13.50% |
||||
| 8 | Payday Loans and Unsecured Loans From Pygmy | 15.50% | ||||
| 9 | For Deposit Mortgage Loans - 1.00% excess Interest Rate Over Deposit Interest Rate | |||||
Have any questions?
+91 9686411511DICGC INSURES DEPOSIT
The Ichalkaranji Merchants Co-op Bank Ltd.
is registered with DICGC
