Loan Schemes

1. CC Loan
2. Gold Loan
3. SRS Loan
4. Vehicle Loan
5. Loan against Govt securities
6. Non form Loan
7. COD Individual Loan
8. Housing Loan
9. Mortgage Loan
10. SHG Loan
11. JLG Loan

1. CC Loan : (Cash Credit Loan)
   

   MDCC Bank provide Cash Credit Limit to meet, the working capital requirements based on your current and future expansion plans against the underlying securities i.e. Equitable mortgage of the property, Stock. We help you to meet your everyday operational fund requirements and immediate business obligations.
   Key Points:

   • Interest is to be paid only on the outstanding balance
   • Low rate of Interest.
   • Security required as per Banks Prescribed norms.
   • Other conditions in line with working capital finance points.
   • Personalized service and assistance by our Bank.
   • Assessment on easy terms and conditions.
   • Working capital finance not to be used for buying long term assets or investments.
   • Adequate Drawing power to be maintained.
   • This facility is subjected to renewal / revival once in Two years.
   • Priority sector advances are encouraged.
   • Eligibility calculated as per requisite Working capital.
   • Service Charges and Share money will be as applicable.
   • Collateral security required as per Banks Prescribed norms.

   (For details please contact the Branch Manager of your nearest branch) For loan terms and conditions, eligibility criteria, interest rate, loan term, security, EMI amount etc. wherever required In detail can be enquired with the nearest branch.

2. Gold Loan :
   

   Gold Loan is provided for the purpose of growth of a firm or company. This type of loan can be considered personal use, family function purpose, purchase of household or industrial goods. The loan can be considered against the Gold ornaments. Our Bank considers a loan for up to 75% of the value of Gold Ornaments, Net weight valued by Bank's approved values. 

   Purpose of Loan:

   • For purchase personal use / purchase of household items / Industrial items.
   • To meet personal expenses or purchase of consumer durables
   • Any other reason acceptable to Bank.
3. SRS Loan:
   

   MDCC Bank offering and providing SRS Loan to the customers those who having their account In MDCC Bank. SRS Loan is a loan who can take advantage and get facility.

   Salary Reserve Scheme (SRS) loan, those who salary person is there they can apply this scheme through MDCC Bank. The required documents please visit our nearest Branch for more information.

4. Vehicle Loan :
   

   MDCC Bank providing Vehicle loan to customer whose transaction will be satisfied.

   In Vehicle loan we have following choices: 

   • Two Wheeler
   • Three Wheeler
   • Four Wheeler.

   Please visit our nearest branches for more information and our executives will surely help you for documentation requirement and procedure for applying loan.

5. Loan against Govt securities:
   

   MDCC Bank also providing the facilities of Loan against Govt securities. The following loan:

   • Loan against Time Deposit
   • Most Important Terms and Conditions
   • Loan Against Dual Advantage Fund (DAF)
   • Loan against Sovereign Gold Bonds
   • Insurance Policies
   • Saving Bonds

   Please visit our nearest branches for more information and our executives will surely help you for documentation requirement and procedure for applying loan.

6.   Housing Loan:
   

   MDCC Bank providing the facilities of Housing loan to customer.
   We MDCC Bank are delighted that you want to acquire your dream home. We want to help you to finance your home with our feature rich home loan financial product. Our home loan comes with numerous features that help you to minimize the cost of financing your home loan. Our interest rates attractive, formalities minimal, loan process fast, repayment options several, EMIs under your control, disbursal quick, and our support timely.
   A Home loan is a secured loan that borrower obtain in order to purchase a home. Because a home is the largest purchase many individuals will ever make most borrowers utilize home loans to assist with their home purchase.

7. Mortgage Loan:
   

   Our Mortgage Loan assures you hassle free finance whenever you need it. Being a broad-spectrum loan, it can be availed for life’s unforeseen circumstances. When you face the need of funds for the marriage of your beloved daughter, want to take your family for a holiday or for a sudden health emergency, our mortgage loan comes to your rescue. If you have some property, but would rather not sell it, then you can definitely go for this LOAN FOR ALL PURPOSES. Our bank now makes it very much feasible for you not only to only keep your property, but also have liquid funds by using it as collateral.

   Requirement:

   • Member of the Mandya District Co-Operative Central Bank Ltd.
   • Holding either single account or joint account with other family members’ viz., father, mother, wife, son or daughter with regular source of income.
   • Individuals who may be employed/self-employed in business having regular income.
   • Permanent employee of Central/State/Defense/Police Force/Public or Joint Sector Undertaking/reputed firms/established Educational Inst/Professional/Businessmen having regular income.