MRB Credit Card

Purpose

To meet any kind of credit requirements of SSI units, tiny units, village industries, retail traders, professionals & self-employed

Age

Minimum 21 years ; Maximum: 65 years

Eligibility

Customers of the following segments with a satisfactory track record for the last two years:-

  • Small industrial units
  • Small retail traders
  • Professionals & self-employed persons
  • Small business enterprises
  • Transport operators
  • Units who do not enjoy credit limit with us / other banks at present with excellent performance and credentials may be considered.

Quantum of Loan

Maximum of Rs 10 lakhs

Margin

  • Upto Rs 25000/ - Nil
  • Above Rs 25000/- 20%

Interest Rate 

Interest will be charged at prevailing rate on daily reducing balance at monthly rest.

Useful Links

RBI NABARD IBA BCSBI NPCI Rupay