Interest Rates

Interest Rate on Deposits wef  01.05.2019

 

 

Period General Senior Citizen
91 days to 180 days 5.00% 5.50%
181 days to 1 year 6.50% 7.00%
1 year to 3 year 8.00% 8.00%
Above 3 year 8.00% 8.50%

 

                              Interest Rate on Loans wef 01.05.2019

 

LOAN Rate of Interest
Surety Loan 15.00%
Salary Loan 16.00%
Higher Education Loan 14.00%
Gold Loan 11.00%
Construction Loan 12.00%
Property Mortgage Loan 13.00%
Vehicle Loan 16.00%

 

 

Memberships

A co-operative bank is a financial entity which belongs to its members, who are at the same time the owners and the customers of their bank.

MCB as 15,061 members and the paid up share capital is Rs.1073.27 lakhs as on 31.03.2015.

  1. Regular Membership.
  2. Associate Membership.
  3. Nominal Membership.

SHARE CAPITAL

The authorised share capital of the bank is Rs.25000 lakhs.  The bank is now making all efforts to admit more and more women from all sections of society to become its members and hopes to achieve the target it has set for itself in reaching the limit of authorised share capital in the next few years.

Loans
  • Surety Loan
  • Immovable Property Loan
  • Gold Loan
  • Deposits Loan
Interest Rates

Interest Rates

Deposit Schemes
Service Charges

Coming soon....

Internet Banking

Coming Soon

home loan

RTGSNEFT

News & Updates

  • Vijayanagar Branch Shifted to New Premises.   No 19, Kumaradhara,Central Excise Layout 4th cross, 8th Main Vijayanagar-560040
    December 18, 2017
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December 18, 2017
Vijayanagar Branch Shifted to New Premises.   No 19, Kumaradhara,Central Excise Layout 4th cross, 8th Main Vijayanagar-560040