Loan Interest Rates – CONTAI CO-OPERATIVE BANK LIMITED

IFSC CODE- ICIC00CCBLT // GSTIN- 19AAAAC5451C1Z4

Customers are requested to fill up and sign their cheques only by using their own ball pens and not by other’s pen in any way to avoid any fraudulent activities by using “Magic Pens” with “Volatile Ink”.| To view your account balance, please send sms CCBL BAL to 9220592205 from your registered mobile number

Term Loans, Cash Credit and Overdraft.

Type of Loans & Advances	Size of Loans	New rate of Interest effective from 01.10.2021
Term Loans (General)	Upto Rs.25000/-	10.50%
Term Loans (General)	Above Rs.25000/-	10.25%
Term Loans (Where the Real Estate offered as security is in the nature of Bastu Land by the side of NH / SH or at a prominent place within the Town and easily marketable, valued at least 200% of the loan amount. And Where lodged TD is 20% of the Loan amount) Or Credit Rating of intending borrower is Minm. 750	Any amount	10.00%
Cash Credit and Overdraft (General)	Any amount	10.50%
Cash Credit and Overdraft (Where the Real Estate as security is in the nature of Bastu Land by the side of NH / SH or at a prominent place within the Town and easily marketable, valued at least 200% of the loan amount And Where lodged TD is 20% of the Loan amount) Or Credit Rating of intending borrower is Minm. 750	Any amount	10.00%
Composite loans of term loans and Cash Credit and Overdraft	Above Rs.10 Crores for a single unit	10.50%
Overdraft against Bank’s own TD	Irrespective of the limit	1% above the average payable rate.
Overdraft against mortgage of LIP, Gold, GAS subject to keeping appropriate margin as per prevailing practice of the Bank.	Irrespective of the Limit	10.50%

Demand Loans:

Types	Particulars	Rate of Interest
Against Bank’s own time deposits.	Upto 90% of the present value other than for speculative purpose.	1% above the average payable rate.
Against mortgage of Gold Ornaments.	As per Order No.-7 vide Reference No.-372/20-21 dated 03/07/2020
Against mortgage of Gold Ornaments.	As per Order No.-7 vide Reference No.-372/20-21 dated 03/07/2020
Against lien/pledge/assignment of Postal Time Deposit, LIPs	Upto 85% of Present Value or Surrender Value.	11.00%

ATM LOCATOR Find out all our ATMs

BRANCH LOCATOR Find out all our Branches

GRIEVANCE Grievance R. Cell

CALCULATOR Calculate EMI & Loan

LOAN SCHEMES Apply for Loan

At a glance

DO's and DON'TS of ATM/Debit Card
Rate of Interest
Interest rate on deposit
Tender
From the Desk of Management
Audited Accounts
Attention Investors
Unclaimed Deposits
Notices
Report by Bank officers
Grievance Redressal Cell

At a glance

Important Links