Ways & Means Refinance

Objective

MStCB provides Refinance facility to DCCB's in the form of Ways & Means advance, to help maintain prescribed liquidity levels.

Maximum Limit

As required to maintain prescribed liquidity

Security

Promissory Notes. Joint & Several Liability Bond of Board of Directors of DCC Banks

Period

Flexible up to one year

Rate of Interest

As e per prevailing interest Rates

Sir Vithaldas Thackersey Memorial Building,9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai - 400001.

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Ways & Means Refinance: