Are you in need of immediate funds for a medical emergency, higher education, debt consolidation, or any other personal expenses? Gadchiroli DCC Bank is dedicated to supporting you on your financial journey with our comprehensive personal loan offerings. With competitive interest rates, flexible repayment options, and a customer-centric approach, Gadchiroli DCC Bank is your trusted partner in turning your dreams into reality.
At GDCC Bank, we understand that everyone’s financial needs are unique. That’s why we offer a range of personal loan options designed to cater to diverse requirements. Here are some reasons why GDCC Bank is the right choice for your personal loan needs:
Applying for a personal loan at Gadchiroli DCC Bank is a straightforward process. Locate your nearest GDCC Bank branch, where our friendly staff will guide you through the application process and answer any queries you may have.
| Sr. No. | Loan Scheme | Loan Limit | Repayment Period | Interest Rate |
|---|---|---|---|---|
| 1 | Personal loan | ₹ 10.00 Lakhs | 10 years | 11.00% |
| 2 | Loans against Mahila Samriddhi Savings Deposit | Double the savings | 1, 2, 3 years | 11.00% |
| 3 | Pensioner Loan Scheme | ₹ 5.00 Lakhs | 2 to 5 years | 11.50% |
| 4 | Education loan | In Country ₹ 10.00 Lakhs /For Abroad ₹ 30.00 Lakhs | 5 to 7 years | 10.50% |
| 5 | Loans for solar power projects | 85 percent of the quotation or a maximum ₹ 20.00 lakhs | 5 years | 10.50% |
| 6 | Deposit Guarantee, NSC Short Term Loan | 75 percent of deposit receipt/NSC receipt | Up to the period of deposit guarantee and NSC deposit | 1% more than deposit interest rate |
| 7 | Overdraft Loans on Special Fixed Deposits and Fixed Deposit Receipts | 75 percent of fixed deposit receipts | Up to the Period of fixed deposit | 1% more than fixed deposit interest rate |
| 8 | Medium term direct loans for agriculture and non-agriculture | ₹ 50.00 Lakhs | 15 years | 11.00% |
| Sr. No. | Loan Scheme | Links |
|---|---|---|
| 1 | Personal loan | Click Here |
| 2 | Loans against Mahila Samriddhi Savings Deposit | Click Here |
| 3 | Pensioner Loan Scheme | Click Here |
| 4 | Education loan | Click Here |
| 5 | Loans for solar power projects | Click Here |
| 6 | Deposit Guarantee, NSC Short Term Loan | Click Here |
| 7 | Overdraft Loans on Special Fixed Deposits and Fixed Deposit Receipts | Click Here |
| 8 | Medium term direct loans for agriculture and non-agriculture | Click Here |
Are you in need of immediate funds for a medical emergency, higher education, debt consolidation, or any other personal expenses? Gadchiroli DCC Bank is dedicated to supporting you on your financial journey with our comprehensive personal loan offerings. With competitive interest rates, flexible repayment options, and a customer-centric approach, Gadchiroli DCC Bank is your trusted partner in turning your dreams into reality.
Near ST Bus Stand, Dhanora Road, Gadchiroli Taluka, Gadchiroli District, Gadchiroli.
For RTGS/NEFT Assistance
07132-232050
For ATM Card Assistance
07132-233571
Missed Call Balance Enquiry
09289201111
For Mobile Banking
07132-233571
The Gadchiroli DCC Bank Pvt. Ltd.
Register with DICGC
| Eligibility | Required documents | Terms and Conditions |
|---|---|---|
| Salaried/ Businessmen | • Bank’s prescribed loan demand application | • The applicant should be a resident of the district. |
| • Aadhaar Card/PAN Card and updated photograph of applicant, co-applicant and guarantor | • The applicant will have to bear the entire cost of the mortgage | |
| • Nominal membership fee (applicant, co-applicant and guarantor) | • Additional penalty interest will be charged at the rate of 1 percent on overdue loans. | |
| • Non-agricultural/Gaothan/Property Mutation(Akhiv Patrika) Certificate of fixed assets | • Applicant’s CIBIL report should be on 700 | |
| • Property appraisal by engineer on bank panel and Property search and title report by lawyer. | • Income tax of co-applicant has to be considered if applicant’s CIBIL score is low. | |
| • Income tax returns of three years will be required from the professional applicant and businessmen borrowing up to ₹ 2.00 lakh will not require income tax returns. | • If the applicant is a wage earner, regular service should be at least 2 years and balance service should be 5 years | |
| • The bank reserves the right to modify, relax and increase the terms and conditions of the loan. |
| Eligibility | Required documents | Terms and Conditions |
|---|---|---|
| Woman | • Loan Demand Application | • The applicant should be a resident of the district. |
| • Aadhaar Card/PAN Card and updated photograph of applicant and co-applicant. | • Mahila Samudhi Savings Deposit Account should be regular | |
| • Nominal membership fee (applicant, co-applicant and guarantor) | • The loan will be repaid in equal monthly installments. | |
| • Consent letter of surety on stamp paper of ₹100 | • The interest will be charged as per the daily product on lump sum repayment of the loan by the applicant. | |
| • Last 3 years income tax return if guarantor is professional | • The loan shall have two competent guarantors. | |
| • Salary slip of last 6 months and bank account statement if guarantor is a salaried employee. | • Additional penalty interest will be charged at the rate of 1 percent on overdue loans. | |
| • Updated gaon namuna 8 a. | • The bank reserves the right to modify, relax and increase the terms and conditions of the loan. | |
| • If the loan demand is above ₹50,000/- then proof of immovable property of one and a half times of the amount. (For Boza Registration). |
| Eligibility | Required documents | Terms and Conditions |
|---|---|---|
| Pension Holders through Bank | • Loan Demand Application | • The applicant should be a resident of the district. |
| • Aadhaar Card/PAN Card and updated photographs of applicant, co-applicant and guarantor | • Original salary holder will be eligible for pension loan. | |
| • Nominal membership fee (applicant, co-applicant and guarantor) | • All pensioners whose service pensioners have their pensions through the Bank will be eligible for the scheme. | |
| • Proof of age | • Age of pension holders should not be 67 years or above | |
| Xerox of Pension Order | • 20 times of the net salary of pensioner or a maximum of Rs. 5.00 lakh fixed term loan will be available. | |
| • Guarantee on stamp paper of ₹100/- to applicant and co-borrower | • Additional penalty interest will be charged at the rate of 1 percent on overdue loans. | |
| • Undertaking of two sureties on stamp paper of ₹100/- | • Applicant’s CIBIL score should be above 700. | |
| • A letter of authority will be obtained from the applicant so that the monthly loan installment along with interest can be deducted from the pension account of the pensioners. | • Fixed assets in the name of the applicant or co-applicant have to be registered in the name of the bank, but if the co-borrower is a salary package member of the bank, this condition will not apply. | |
| • The interest will be charged as per the daily product on lump sum repayment of the loan by the applicant. | ||
| • Interest will be charged monthly. | ||
| • The bank reserves the right to modify, relax and increase the terms and conditions of the loan. |
| Eligibility | Required documents | Terms and Conditions |
|---|---|---|
| Salaried/ Businessmen | • Bank’s prescribed loan demand application | • The applicant should be a resident of the district. |
| • Aadhaar Card/PAN Card and updated photograph of applicant, co-applicant and guarantor | • The applicant will have to bear the entire cost of the mortgage | |
| • Nominal membership fee (applicant, co-applicant and guarantor) | • Additional penalty interest will be charged at the rate of 1 percent on overdue loans. | |
| • An assessment from an engineer on the bank’s panel and a site search and title report from a lawyer will have to be taken. | • Applicant’s CIBIL report should be on 700 | |
| • Income tax returns of three years have to be taken from the applicant | • If the applicant is a wage earner, regular service should be at least 2 years and balance of service should be 5 years | |
| • non-agricultural/Gaothan/Property Mutation(Akhiv Patrika) Certificate of fixed assets | • 90 percent of the total admission fee of an educational institution in the country is eligible for loan sanction. | |
| • 85 percent of the total admission fee of an educational institution abroad is eligible for loan sanction. | ||
| The said loan will be repaid in monthly installments | ||
| • To secure the loan, the applicant, co-borrower have to pledge their own non-agricultural fixed assets to the bank valued one and half times the loan amount. | ||
| • Since the applicant is a student, income tax return of co-applicant should be considered and CIBIL report of co-applicant should be above 700 | ||
| • The bank reserves the right to modify, relax and increase the terms and conditions of the loan. | ||
| Eligibility | Required documents | Terms and Conditions |
|---|---|---|
|
Salaried
|
• Loan Demand Application.
• Aadhaar Card/PAN Card and updated photograph of applicant and co-applicant. • Last 6 months salary slip. • Authorized dealer quotation. • Loan repayment agreement/guarantee on stamp paper of ₹100. • Nominal membership fee (applicant and co-applicant). |
• Applicant’s CIBIL score should be above 700.
• The loan will be sanctioned except for 30 percent of the applicant’s gross salary for livelihood. • The loan will be repaid in equal monthly installments. • The interest will be charged as per the daily product on lump sum repayment of the loan by the applicant. • The bank reserves the right to modify, relax and increase the terms and conditions of the loan. |
|
Salaried other than bank
|
• Loan Demand Application
• Aadhaar Card/PAN Card and updated photograph of applicant, co-applicant and guarantor. • Last 6 months salary slip, bank account statement and cheque book. • Authorized dealer quotation. • Loan repayment agreement/guarantee on stamp paper of ₹100. • Nominal membership fee (applicant, co-applicant and guarantor). • Consent letter of surety on stamp paper of ₹100. • Last 6 months salary slip and bank account statement of two competent guarantors. |
• Applicant’s CIBIL score should be above 700. |
|
Professional
|
• Loan Demand Application.
• Aadhaar Card/PAN Card and updated photograph of applicant, co-applicant and guarantor. • Nominal membership fee (applicant, co-applicant and guarantor). • Last 3 years income tax return and balance sheet. • Business Registration Certificate. • Authorized dealer quotation. • Agreement/Guarantee on stamp paper of ₹100. • Consent letter of surety on stamp paper of ₹100. • Last 3 years income tax return if guarantor is professional. • Salary slip of last 6 months and bank account statement if guarantor is a salaried employee. |
• The applicant should be a resident of the district. |
|
Farmer
|
• Loan Demand Application.
• Aadhaar Card/PAN Card and updated photograph of applicant, co-applicant and guarantor. • Nominal membership fee (applicant, co-applicant and guarantor). • Status Certificate for last 3 year. • Income certificate for last 3 years. • Authorized dealer quotation. • Agreement/Guarantee on stamp paper of ₹100. • Guarantor’s letter of consent on stamp paper of Rs.100. • Last 3 years income tax return if guarantor is professional. • Salary slip of last 6 months and bank account statement if guarantor is a salaried employee. • Updated 7/12. • Certificates of PAC/AVK Society. |
• The applicant should be a resident of the district. |
| Eligibility | Required documents | Terms and Conditions |
|---|---|---|
| For bank account holders | • Bank’s prescribed loan demand application | • The applicant should be a bank account holder |
| • Aadhaar Card/PAN Card and updated photograph of the applicant | • Applicant should have Bank’s Special Term Deposit/Term Deposit/RD/NSC Certificate/Shubmangal Deposit. | |
| • Nominal Member Fee (Applicant) | • 75 percent of the deposit will be eligible for loan approval. | |
| • Interest will be charged monthly. | ||
| • The interest rate will be 1 percent more than the deposit interest rate. | ||
| • The bank reserves the right to modify, relax and increase the terms and conditions of the loan. |
| Eligibility | Required documents | Terms and Conditions |
|---|---|---|
| For bank account holders | • Bank’s prescribed loan demand application | • The applicant should be a bank account holder |
| • Aadhaar Card/PAN Card and updated photograph of the applicant | • The applicant should have special fixed deposit/fixed deposit receipt of the bank. | |
| • Nominal Member Fee (Applicant) | • 75 percent of the deposit will be eligible for loan approval. | |
| • Interest will be charged monthly. | ||
| • The interest rate will be 1 percent more than the deposit interest rate. | ||
| • The bank reserves the right to modify, relax and increase the terms and conditions of the loan. |
| Eligibility | Required documents | Terms and Conditions |
|---|---|---|
| Salaried/ Businessmen | • Bank’s prescribed loan demand application | • The applicant should be a permanent resident of the district |
| • Aadhaar Card/PAN Card and updated photograph of applicant, co-applicant and guarantor | • A maximum of 85 percent of the assessed value of the fixed asset or ₹50.00 lakh whichever is less will be eligible for loan sanction. | |
| • Nominal membership fee (applicant, co-applicant and guarantor) | • The net pay to the member after deducting all deductions shall not be less than 25 percent | |
| • non-agricultural/Gaothan/Property Mutation(Akhiv Patrika) Certificate of fixed assets | • Income tax of the co-applicant has to be taken into account if the loan limit not sufficient as per the income tax sheet of applicant. | |
| • Original documents of the property | • The applicant will have to bear the entire cost of the mortgage | |
| • An assessment of the land from the engineer on the panel of the bank and a search and title report of the land from the lawyer. | • Additional penalty interest will be charged at the rate of 1 percent on overdue loans. | |
| • Income tax returns of three years have to be taken from the professional applicant | • Applicant/co-applicant should be on CIBIL report 700 | |
| • For Machinery Materials :- Quotation from authorized dealer as well as 75 percent of the quotation will be eligible for loan sanction. | • If the applicant is a wage earner, regular service should be at least 2 years and remaining service should be at least 5 years | |
| • The bank reserves the right to modify, relax and increase the terms and conditions of the loan. |
