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The City Co- Operative Bank – Loan against Term Deposits

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.

Utility Bill  Payment – The bank offers the simplest way to pay Reliance Energy Bills at its Dahisar (West), Dahisar (East), & Borivali East ) branches.(By cheque /DD only). The bank also offers entire range of General and Life Insurance products with reputed Insurance Companies.

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                      –           The loan is offers financial assistance for the personal purpose of the customers

Eligibility                     – Having term deposit with our bank.

Quantum of Loan       – 90% of the Deposit amount

Repayment                 – Maximum 36 months or period of deposit receipt whichever is earlier

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