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Merchant's Liberal Co-op Bank Ltd
Since 1965
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60 years of service |
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Since 1965
58 years of service |
| Interest rates |
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Deposites: 1. 30 - 90 days 5.00% 2. 91 – 180 days 6.00% 3. 181 – 364 days (within a Year) 7.00% 4. 1 year – 3 years 8.00% 5. Above 3 years – 9.00% Recurring Deposit: 1 year – 3 years 8.00% Recurring Deposit: Above 3 years – 9.00% 0.50% more will be given to senior citizens 6. Savings A/c to the amount below Rs. 4 lakhs - 3.00% 7. Savings A/c to the amount above Rs. 4 lakhs - 4.00% Loans Interest Rate * Loan interest rates are subject to Terms and Conditions Unsecured Loans Unsecured Loan 12.00% Cash Credit Loan 12.00% Pay Deduction Loan 12.00% Secured Loans Property Loan 12.00% Over Draft Secured on Property (Cash Credit Loan) 11.00% - 12.00% Over Draft Secured on others (Cash Credit Loan) 12.00% Housing Loan 9.50% Machinery Loan 11.00% Commercial Building Construction Loan 11.00% Loan authorized by bank for a maximum period of time 1. a) Gold Loan 9.00% b) Gold Mortgage CC Loan (Collateral) 10.00% 2. NSC Loan 10.00% 3. a) Vehicle Loan (Car, For Own Use) 9.50% b) Vehicle Loan (For Commercial Purpose) 11.00% c) Vehicle Loan (2-Wheeler, 3-Wheeler) 13.00% d) Second Hand Car Loan 12.00% 4. Warehouse Receipt Loan 12.00% |