• Home
    Loan
    If you are seeking home loan for building your dream home, it is
    important to choose a reliable Bank.
  • AVAIL ATM CARD and get Insurance cover.
    For more details contact Branch Managers.
  • Overdraft
    Loan
    Overdraft Loan is not subject to the same regulations and credit checks as
    most other Bank Loan.
  • Hypothecation
    Loan
    Hypothecation is used for creating charge against the
    security of movable assets.
  • Fixed
    Deposit
    Fixed Deposit will give higher rate of interest than
    a regular savings account
  • Locker
    Deposit
    We offer Bank Lockers to ensure safety of your valuables

MSCM Bank News

 Our Services

Gruha Jyothi Housing Loan: Buying own home is a matter of pride for anyone. If you are seeking home loan for building your dream home...


Overdraft Loan: Overdraft Loan is not subject to the same regulations and credit checks as most other Bank Loan However, the rules governing...


Hypothecation Loan: Hypothecation is used for creating charge against the security of movable assets but the possession of the security...


Vehicle Loan: In today's fast paced world, the necessity of vehicle cannot be denied. Car is the most preferred vehicle which a person desires...


Medium Term Loan: Medium-term Loan is suitable for capital expenses. We offer Medium term loan to our customers to help them fulfil their requirements...


Gold Loan: You can easily get instant Gold Loan from The Mysore Silk Cloth Merchants Co-operative Bank Ltd. Our loan ensures minimal documentation...


Kalpruksha Deposit Loan: Kalpruksha is an interest reinvestment scheme which can be availed on your term deposit in different head of accounts...


Property Loan / Mortgage Loan:We help you capitalise on the full potential of your property, so you can realize your personal or business goals, or even both....

 Loans

  • Gruha Jyothi Housing Loan upto 40 lakhs - 8.5% p.a.
  • Gruha Jyothi Housing Loan2 40 to 70 lakhs - 9% p.a.
  • Property Loan(Purchase & Construction) - 11% p.a. *
  • Property Loan / Mortgage loan - 12% p.a. *
  • Overdraft Loan A/c - 14% p.a. (Business)
  • Stock Loan -15% p.a.
  • Vehicle Loan - 8.5% p.a.
  • Medium Term Loan - 15% p.a.
  • Gold Loan - 8.5% p.a.
  • Govt. Securities (NSC.L.I.C.KVP) - 12% p.a.
  • Loan against KVD Deposit - 10% p.a.
  • Loan against Term Deposit (Upto 90% of the deposit amount) - 1% above the deposit rate
  • * 1% interest Rebate available for prompt EMI payments.

 Deposits

  • 31 Days - 90 Days - 4%
  • 91 Days - 180 Days - 5.5%
  • 181 Days - upto 364 days - 6%
  • 1 Year - 7%
  • Above - 1 to 3 Years - 7%
  • Above 3 - 5 Years - 6.50%
  • Above 5 Years - 6.75%
  • Senior Citizen - Extra - 0.50%
  • Saving Bank A/c - 3%
The Mysore Silk Cloth Merchants' Co-operative Bank Ltd.
One of The Trusted Banks in The Garden City.

Our Head Office: The Mysore Silk Cloth Merchants' Co-operative Bank Ltd., was established in the year 1968 with License No: UBD-KAN-1439, P Date: 10/7/1997 and Registered No: B/ARBL/1386-68-69.

We continue our stronghold by having our own building at No 6, Hospital Road, Bangalore-560 053.

Our sole motto is to make the lives of people simpler and easier and cater to the Banking needs of lower and middle class people, with special attention to the trading class. We as a Banking organization, also participate in social welfare activities.

Mysore Silk Cloth Merchants' Co-operative Bank offers benefits such as: Personal Loan, Gruha Jyothi Housing Loan, Overdraft Loan, Hypothecation and Vehicle Loan, Medium Term Loan, Gold Loan and Loans against deposits.

We believe in a customer oriented approach, which puts our customers' needs on priority at all times. Owing to our firm commitment to serve promptly and reliably.The Mysore Silk Cloth Merchants' Co-operative Bank Ltd., has won the trust of people through continuous growth in Deposits and Advances, which in turn has resulted in more number of members and customers. Our offices are fully computerized with Core Banking System, which aid us in carrying out the various financial and Banking activities efficiently and effectively. Since inception, the Bank has run profitably and rendered several benefits and schemes to its customers. Through dedicated efforts, The Mysore Silk Cloth Merchants' Co-operative Bank Ltd., stands on a strong financial foundation.

 Vision: -To be the leading provider of financial services in India and also lending and accepting of deposits

Latest new’s

  • Gold loan
  • You can easily get instant Gold Loan from The Mysore Silk Cloth Merchants Co-operative Bank Ltd.
  • Overdraft
  • Overdraft Loan is not subject to the same regulations and credit checks as most other Bank Loan
  • Vehicle Loan:
  • In today's fast paced world, the necessity of vehicle cannot be denied. Car is the most preferred vehicle which a person desires.
  • Hypothecation Loan: Hypothecation is used for creating charge against the security of movable assets
  • Gruha Jyothi Housing Loan: Buying own home is a matter of pride for anyone. If you are seeking home loan for building your dream home
  • Property Loan / Mortgage Loan:We help you capitalise on the full potential of your property,