Revolving Credit Lines · Swacredit Plus
Approved once. Use it, repay it, use it again.
Swasakthi Mercantile Co-Operative Urban Bank gives Indian families and small businesses a revolving credit line of up to ₹5 Lakh. Choose a credit line for every need, pay interest only on what you use, and get your limit back the moment you repay.
Credit Line Passbook
Swasakthi Swacredit Plus
- Personal Spendingfrom 12%
- Medical Emergencyfrom 12%
- Educationfrom 13%
- Travel & Festivefrom 14%
- Small Businessfrom 14%
Indicative rates. Final rate depends on approval.
- Maximum revolving credit limit
- ₹5 Lakh
- Per annum, charged only on the amount used
- From 12%
- Flexible EMI tenure for every drawdown
- 2–36 months
- Draw or repay anytime via IMPS & UPI
- 24/7
Revolving Credit Lines
A credit line for every need in your life.
Pick the category that fits you. Once approved, draw cash or pay by UPI scan from the app whenever you need.
Personal Spending Line
Groceries, rent, utility bills and appliances: one limit for everyday life, and you pay interest only on what you use.
Medical Emergency Line
Hospital and pharmacy bills cannot wait. A pre-approved limit is ready to draw the moment a family emergency strikes.
Education Line
Pay school fees, coaching and exam fees in instalments, with repayments that follow your household income.
Travel & Festive Line
Train and flight tickets, Diwali shopping and wedding-season expenses: use it now and your limit is restored once you repay.
Small Business Line
Working capital for kirana stores, traders and self-employed professionals: draw more in peak season, less when business is slow.
UPI Pay Line
Link your credit line to UPI and scan any merchant QR code to pay straight from your limit, with no need to withdraw first.
Repay, and it's yours again.A credit line is not a one-time loan. It is a reserve that stays by your side.
Why choose Swasakthi
Flexible, transparent and trustworthy revolving credit.
As a member-owned co-operative bank, we design every credit line to work for our members, not to maximise profit for shareholders.
Pay only for what you use
Interest is charged only on the amount you draw. The unused part of your limit costs you nothing.
Revolving by design
Repay and your limit is restored instantly. No fresh application, no paperwork, ready whenever you need it again.
100% digital
Complete Aadhaar-based e-KYC, approval and drawdown in the app, without long queues or stacks of documents.
Transparent charges
Interest rate, processing fee and late charges are shown upfront. No hidden fees, no surprise deductions.
Flexible repayment
Choose 2–36 month EMIs for each drawdown, and prepay any time with no foreclosure charges.
RBI regulated
Offered by a bank regulated by the Reserve Bank of India, with your money and data protected by law.
Ready to open your revolving credit line?
Become a Swasakthi member, pick the credit line that fits your life, and apply online with Aadhaar e-KYC in minutes. Prefer to talk to someone? Visit our branch or reach out to us.