General Credit Card Scheme
Do you need hassle-free credit without insistence on security, purpose or end-use of the credit? General Credit Card Scheme is the loan scheme for you !
- How to apply ?
- Repayment Conditions
- Rates and Charges
- 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.
- 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/-.
Who can Apply
- 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.
- 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.