Dena Laghu Udhyami Credit Card

(DLUCC)
Dena Laghu Udyami Credit Card Scheme:

This scheme aims at providing hassle free credit facility to small businessmen, retail traders, artisans, professionals, self-employed persons and small industrial units. The main features of this novel scheme are:

Existing customers with a satisfactory track record under the above categories enjoying working capital limits up to Rs. 10 lakhs for the last three years are eligible.


Credit Card Limit is fixed at 20 per cent of annual turnover declared for tax purpose in the case of artisans, businessmen, traders, small entrepreneurs including tiny sector. For self - employed and professionals, at 50 per cent of the gross annual income as per IT Returns. The maximum per party credit card limit is Rs. 10 lakhs.


Limit is valid for a period of three years subject to satisfactory conduct of the account. The Branches/Offices will conduct internal review annually based o­n the conduct / operations in the account and, wherever required, enchancement in credit limit can be considered without submission of a detailed proposal by the borrower.

Interest is charged at Prime Lending Rate