Our Services - Loans

Housing loan

Attractive Rate of Interest

Immediate Sanction

Holiday period for Repayment

Vehicle Loan

For New, Pre-Owned, Second Hand Vehicles

Education Loan

Quick Sanction

Maximum Repayment Period

Jewel Loan

Low Interest , Quick Service

Maximum Amount Per Gram

Consumer Loan

Simple Procedure

Quick Sanction

Mortgage Loan

Attractive Rate of Interest

Some Numerical Data

16

BRANCHES

201

Loans Given (Crores)

35000

Happy Customers

308

Deposits (Crores)

About Us

Chairman's Message

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On 8-5-1912 The Mangalorean Catholic Cooperative Society was established. On 9-5-1912 the First General Assembly of the New Society called. The members elected Hon'ble P F X Saldanha as its first President, Simon Alvares as Vice President and Shri J M Castelino as Secretary and Treasurer.

From 1 Branch in 1912 the MCC Bank has grown and branched out to 16 spreading across the undivided South Canara. We have our branches in Udupi and Dakshina Kannada district, Karnataka.

The Mangalore Catholic Co-operative Bank strives to provide superior financial solutions to its members and customers with special care to Personal Banking needs and earn people’s trust by most friendly, professional and transparent service and thereby raising the overall banking standards.
  • To encourage thrift, cooperation among the members, Nominal members and depositors of the bank.
  • To do banking business as defined in clause (b) of section 5 of the Banking Regulation Act 1949 as applicable to cooperative society and also engage in such other business as is permitted under section 6 of the said act on cooperative principles.
  • To prepare and finance schemes for amelioration of the economic condition of the weaker section of the community.
  • To lend money to its members on hire purchase basis against oil engines, Pump sets, Machinery, and motor vehicles as defined under the motor vehicle act.
  • To lend money to small scale industries and cottage industries.
  • To open branches, sub-branches, extension counters, Pay offices and offices etc., in whatever name called within the operation of the bank with the prior permission of the registrar and Reserve bank of India and to frame rules for their workings.

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