The City Co- operative Bank has 8 branches in Mumbai and 2 branches in Thane District. The services of the bank include Safe Deposit Lockers at our Borivali (E), Dahisar (W), Mira Road (E), Girgaon and V. P. Road Branches.
RTGS facility – The system is secured and fund can be credited to the RTGS enabled Bank / Branch instantly. The system is instruction based and does away with the cheque & instrument there by reducing the delay in credit of proceeds & bouncing of the cheques.
The bank offers home loan, personal loan, vehicle loan, educational loan, Mortgage loan, Loans against Rent receivable, Loans for Consumer Durables, Loan against Gold & Silver Ornaments and Loan against Term Deposits.
Purpose – Working Capital Finance, purchase/repairs of business /residential premises, educational, marriage, medical expenses, investment (other than speculative purpose)etc.
Eligibility – The applicant should be lesser of the property. He may be an individual or a body corporate registered under the relevant law of land. The lessee should be a reputed organization. The lessee should be acceptable to the Bank.
Guarantors – Guarantee of minimum 2 persons of good means.
Quantum of Loan – To the extent of Total Rent Receivable
Repayment – According to lease period