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 – Purchase of any type of vehicle. Also to purchase and to repair vessel/barge/tug, etc.; Purchase of second hand vehicle (which is not more than 5 years old) /vessel/barge/tug, etc.
Eligibility – Salaried, professional or self employed who are capable of repaying the loan
Quantum of Loan – Maximum of 90% of the Proforma Invoice + Taxes & Insurance; Maximum of 50% of the valuation of Vehicle vessel
Repayment – Maximum 60 consecutive monthly installments for new v3hicles and for old vehicles