Letter of Credit

Strengthen business relationships with Letter of Credit

By clicking on the checkbox above, you are hereby giving your consent to receive call/communication from SVC Co-Operative Bank Ltd. for marketing purposes through telephone/Mobile/SMS/Email for the above mentioned product/offer and that such consent shall prevail over any current or subsequent registration of your number in the National Do Not Call Registry. By clicking on the checkbox above, you are hereby authorizing SVC Co-Operative Bank Ltd. to make any enquiries or provide details of your credit history to any other finance company/bank/registered credit bureau/ credit information company.

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Rates & Charges

General:
90 days - 5.00% p.a.*
180 days - 6.00% p.a.*

12 months- 6.75% p.a.*
Above 12 months to below 14 months - 7.00% p.a.*

Senior Citizens:
90 days – 5.50% p.a.*
180 days – 6.50% p.a.*
12 months- 7.25% p.a.*

Above12 months to below 14 months – 7.50% p.a.*

Tax Exemption Scheme:
5 years - 6.75% p.a.*

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Home Loan: 7.65%* p.a onwards

Gold Loan: 8.75%* p.a. onwards

New Four Wheelers (Personal Use): 8.40%* p.a. onwards

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Savings Deposits: 2.75% p.a.

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