Internet Banking
  • Corporate Office, High way, Mehsana - 384002
  • info@mucbank.com
  • 1800-233-6822 (MON - SAT: 10:30 - 18:00)(Except 2nd and 4th Sat)
Internet Banking

Interest Rate

Rate of Interest on Deposit

Interest Rate (Effective from 10-06-2025)

Period Rate of Interest (%)
7 Days To 29 Days 3.00
30 Days To 90 Days 4.00
91 Days To 180 Days 4.50
181 Days To 364 Days 5.50
For 1 Year 6.75
Above 1 Year to 2 Years 6.80
Above 2 Years to 3 Years 6.85
Above 36 Months to 60 Months 6.50
Above 60 Months to 120 Months 6.50

Note :

Senior Citizen will get additional 0.5% interest in above Rate of Interest.

Super Senior Citizen will get additional 0.6% interest in above Rate of Interest.

Rate of Interest on Advances

Interest Rate (Effective from 17-07-2025)

Type Of Advances Rate of Interest (%)
Housing Loan 8.50%

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Vehicle Loan
4 Wheeler 2 Wheeler
None EV EV None EV EV
9.50% 9.40% 9.75% 9.65%

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Commercial Vehicles 9.50% p.a.
Education Loan Priority Sector - @8.75%
Non Priority Sector - @9.00%
Mortgage Based Overdraft & Term Loan (Where Mortgage is the prime security)
Secured Overdraft (Other Manufacturing Textile Units)
Mortgage Based TL
Limit upto Rs.300 lakhs - 9.25% p.a.
Limit above Rs.300 lakhs - 10.25% p.a.
Mortgage Based OD Limit
Limit below Rs.100 lakhs - 9.50% p.a.
Rs. 100 lakhs and above & below Rs.300 lakhs @9.75% p.a. without Rating
NSC / KVP / LIC 10.00% p.a.
FDOD
For self FDR
Up to Rs.3.00 Crs @1% over FDR rate
Above Rs.3.00 Crs @0.75% over FDR rate
For Third Party FDR
Up to Rs.3.00 Crs @1.50% over FDR rate
Above Rs.3.00 Crs @1.25% over FDR rate
Loan against shares & Securiies @11.25% p.a. with 50% margin on 52 weeks average price
Solar power projects @9.50% p.a. MSMEs
@10.00% p.a. Non MSMEs
@9.25% p.a. for hsg loan borrowers
@9.75% p.a. for non hsg loan borrowers
@8.50% p.a. for staff
Wind Mill ProjectsS 11.10% p.a.
Textile Sector financing (Only Manufacturing units, No trading unit)
Term Loan & Cash credit		 9.25% p.a.

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Fuel Station/Petrol/CNG gas filling station 10.75%
Cotton Ginning and Cotton Ginning and Composite unit with oil mill 10.00%
Loan To Professionals Educational Institution, Hospitals
Loan Limit Priority Non Priority
Upto Rs.1.00 Cr 9.25% 9.75%
Above Rs.1.00 Cr 9.50% 10.00%
Term Loan For Machinery, Factory land & Building (Ind. TL)(Other than Textile & Fuel Station Schemes) 9.50%
CASH CREDIT
Hypo-Stock & Book Debt		 9.00%
CASH CREDIT (Pledge) 9.75%
Commercial & Real Estate
Project Term Loan
WCARE/Working Capital 		12.75% p.a.
Lease Rental Discounting (LRD) 11.00% p.a.
Personal Loan 10.50% p.a.
Agriculture 9.00% p.a.
Urban Saral Loan 9.00% p.a.
Urban Sahyog Loan
Base Rate - 8.50% + Risk Premium 1.75% 		10.25% p.a.
Urban Mahila Sashaktikaran Loan Yojana
Base Rate - 8.50% + Risk Premium 1.50% & 2.00% 		10.50% p.a.

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* For more information please contact/visit to nearest Branch

** Rate of Interest may decrease based on CIBIL & Equifax Score

Note :- When REPO rate increase or decrease, EMI amount may be increase or decrease automatically.