Purpose
To provide hassle-free credit to customers from rural and semi-urban centres based on their cash flow without insistence on security, purpose or end-use of the credit. This is in the nature of overdraft with no end-use stipulations.
Eligibility
GCC can be extended only to individuals who are residents of rural and semi-urban areas and having legitimate source of income. No proof of income is required.
Loan Amount
Based on the assessment of income and cash flow of the entire household, subject to a ceiling of 40% of the annual income of the members of the household concerned, subject to a ceiling of Rs.25,000/-.
Rates & Interest
Please refer rates & charges page
Repayment
Interest & charges if any shall be serviced monthly and other debits / drawals shall not remain outstanding for more than 12 months from the date of such debit or drawal.