General Cash Credit Card (GCC)

Purpose

To provide hassle-free credit to customers from rural and semi-rural centres based on their cash flow without insistence on security, purpose and end-use of the credit. This is in nature of overdraft with no end-use stipulations.

Age

Minimum 21 years ; Maximum: 65 years

Eligibility

GCC can only be extended to individuals who are residents of rural and semi-urban areas and having legitimate source of income. No proof of income is required.

Quantum of Loan

Maximum: Rs. 25,000/-
Loan amount should be based on the assessment of income and cash-flow of the entire household, subject to a maximum ceiling of Rs. 25,000/-

Margin

NIL

Interest Rate 

As per Bank's guidelines.

Useful Links

RBI NABARD IBA BCSBI NPCI Rupay