Purpose  For education only (Vidya Bhavishya)
 Repayment Tenure  15 Years
 Rate of interest  

 Collateral security unto 200% -  9.75% *

 Collateral security above 200% -  9.25% *
 Surety  Minimum one guarantor with sufficient net worth.
 Security  Mortgage of unencumbered immovable property belonging to the applicant situated within the jurisdiction of the Bank. In case of direct finance, it should be situated within the territorial jurisdiction of the Branch from where the loan is availed.
 Margin  Min of 15%
 Other Terms  Membership is necessary for the borrower and sureties to avail this loan.
  * Floating rate of interest
   Minimum SIBIL Score 600

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0824 - 2421369, 2445742

MCC Bank Ltd
Hampankatta, Mangalore - 575001

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0824-2421369, 2445742

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