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Golden Cash Credit

Individuals are allowed to avail this facility against the gold ornaments pledged.

Individuals have to become customer before availing this facility.

Limit is sanctioned on the basis of value of gold pledged.

Limit sanctioned for a period of one year

Interest on daily products basis

Penal interest @ 2% will be charged when the account becomes overdrawn (for the overdrawn amount only)

After the expiry of CC limit period 2% additional interest will be charged over the contract rate.

Withdrawals are allowed only through cheque book.

Charges are applicable for this type of CC facility. Folio charge @ Rs-10 will be charged on this account once in a year on 31st of March.

Purpose: These types of loans are issued for business purpose.

Security: Pledge of gold. Limit is sanctioned up to 85% of the value of gold pledged.

Drawing Power Limit (DPL) is restricted as 85% of stock value.

At the time of Closure/ Renewal of a/c an amount @ 0.5% of loan amount subject to a maximum of Rs-500 is collected as closure charges and credited to Miscellaneous Income and Rs-100 towards insurance charge.

News & Events

15-06-2017
Revision of Deposit Interest rates with effect from 16-06-2017
05-06-2017
RBI observing Financial Literacy week from June 5-9 across the Country, be a part of it
05-06-2017
Reminiscence of Sri EV Kumaran-Formar bank president held at bank auditorium on 03-06-2017
24-04-2017
Tender No: HO/IT/1/2016-17 dt: 05-04-2017. Last date and time for submitting Filled RFP : 25-04-2017,01.00 P.M. Date and Time of Technical Bid Opening will be informed later.
13-04-2017
Sri A Abdul Rasheed, Joint Registrar of Cooperative Societies has taken charge as Part-Time Administrator of KDC Bank
05-04-2017
Tender invited for Supply and Installation of Desktps, Laptops, Printers, UPS etc
31-01-2017
KDC Bank Received the NABARD AWARD for the best financial perfomance and initiative under Developmental field during the year 2015-16
08-03-2017
KDC Bank Customers have secured cash back concerned with the Lucky Grahakh Yojana declared by central government recently for promoting digital transaction.
03-11-2016
KDCB Bank got Special Recognition award in DCCB Category in Banking Frontiers Awards
01-08-2016
Bank will not ask your ATM Card Number and Secret PIN in any case. beware of such frauds
08-04-2016
RTGS/NEFT Facility is absolutely FREE at Our Bank without any limit.
08-04-2016
NRE account facility is available at all branches of KDC Bank. Fix an appointment with our branch at your convenience..
08-04-2016
Customers can now easily change their existing bank to our bank for AADHAAR Linking. Submit the Mandate Form to our branch immediately
08-04-2016
All type Scholarship Schemes for School going students can be availed through their KDC Bank accounts,
05-08-2016
All our customers can now enjoy the facility of DBT and All AADHAAR based payments. Link your AADHAAR Number immediately
08-04-2016
KDCB RuPay Debit cum ATM Card is acceptable in ATMs/Retail Outlets/PoS all over India. Enjoy the convenience of Cashless Shopping Conact KDC Bank Branch for your ATM card
08-04-2016
Unclaimed deposits Transferred to RBI - DEAF(Depositor Education and Awareness Fund Scheme)-2014 for more details see link Downloads
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