- City Co-Operative Bank Ltd

Get in touch

08182-222618, 260290

Send us a Mail

sccbsmg@gmail.com

Our Location

Shivamogga-577202

City Co-operative Bank Limited, Shivamogga a leading Urban Co-operative Bank in India. Initially the bank started as a City Co-operative bank in the year 1912 was founded by Sri. S.R. Balakrishna Rao and were co-founders by C. Subba Rao, Anantaiah, Batny Raja Rao, Govinda Shastry, B.K. Nanjundaiah, M Surya Narayana and other Co-operators during the…

Current Account

1. Current Account is meant for those who operate the account frequently. This account can be opened by Traders, Businessmen, Corporate bodies, Wholesalers, Retailers, Distributors etc. 2. Minimum balance to be maintained in the account is Rs. 2000.00.

Savings Bank Account

1. SB accounts can be opened in the following categories: An individual in his own name. More that one person in their joint names. A guardian on behalf of the minor. Clubs, Associations, Charitable institutions and Professionals, Society, Trust etc. with Certificate from Income Tax Authorities regarding exemption of their income from payment of income…

Fixed Deposit Account

1. Fixed Deposit can be opened by any person or Trusts, firms, institutions etc. This account can be opened for a fixed amount for a fixed period at the prescribed rate of interest. 2. Interest on Fixed Deposit is paid Monthly / Quarterly / Half yearly or Yearly either by cash/ Savings Bank / by…

Recurring Deposit

In this deposit scheme depositor deposits a fixed monthly instalment every month for a fixed period at the prescribed rate of interest. Interest will be compounded on quarterly basis and at the time of maturity deposit amount along with interest will be paid to the depositor.

Pigmy Deposit

In this deposit scheme depositor deposits a some amount every day for a period one years at the prescribed rate of interest. Interest will be accumulated on daily basis and at the time of maturity deposit amount along with interest will be paid to the depositor.

House Construction Loan

Jewel loan

OD Loans

Property Site Loan

Two wheeler vehicle loan

Four wheeler vehicle loan

House Construction Loan

The Bank is sanctioning loans to build a house for the purpose of residence and also for the purpose of purchase of site. Maximum repayment period for this Loan is 120/180 Months.

Jewel loan

This loan is sanctioned against the pledge of gold ornaments. Jewel Loan of Rs. 2400.00 per gm will be given and the maximum loan amount is 2,00,000.00 lakhs. Maximum tenure is 12 months.

OD Loans

The Bank sanctions overdrafts to traders and business people against mortgage of Property/Lien on Deposit. The tenure of this facility will be given for a period of 24 Months and renewed subject to satisfactory performance of the a/c. Interest is calculated for the amount of debit balance in the account on daily basis and charged…

Property Site Loan

The Bank is sanctioning this loan by getting mortgage of immovable property of the borrower after considering security, repayment capacity, credit worthiness and fulfilling documentation procedures prescribed by the bank for setting up / improvement of business, repairs of house, educational purposes, clearing of debts, daughter marriage etc. Maximum duration of this Loan is 120/180…

Two wheeler vehicle loan

This Loan is sanctioned for the purchase of new two wheeler against hypothecation of such vehicle up to 75 % of the Ex-showroom price of the vehicle and obtaining personal surety of the member of the bank. Maximum tenure is 60 months.

Four wheeler vehicle loan

This Loan is sanctioned for the purchase of new four wheeler against hypothecation of such vehicle up to 75 % of the Ex-showroom price of the vehicle and obtaining personal surety of the member of the bank. Maximum tenure is 60 months.