Copyright 2018 - Custom text here

A.

Rate of Interest on Deposits p.a.

 

w.e.f. 03.02.2018

       

1.

Current Deposits

 

Nil

2.

Savings Bank

 

3.50 % p.a.

       

3.

Term Deposits (Period-wise)

 

i)

7 days and up to 45 days

 

5.50 % p.a.

ii)

46 days to 60 days

 

6.50 % p.a.

iii)

61 days to 90 days

 

6.50 % p.a.

iv)

91 days to 180 days

 

6.50% p.a.

v)

181 days to to less than 1 year

 

6.75% p.a.

vi)

1 year to less than 2 years

 

6.75% p.a.

vii)

2 years to less than 3 years

 

6.50% p.a.

viii)

3 years to less than 5 years

 

6.50% p.a.

ix)

5 years and up to 10 years

 

6.50% p.a.

x)

Senior Citizen (upto 1 year

 

0.30% extra

x)

Senior Citizen (for 1 year above)

 

0.50% extra

       
       

B.

Rate of Interest on Advances p.a.

 

Rate of Interest

       

1.

Small & Medium Enterprise (SME)

 

a)

Cash Credit - (SSI/SBF)

 

13.00%  to 13.75% p.a.

b)

GCC/ACC/Swarojgar CC/SPCC

 

12.75% p.a.

c)

Term Loan (SBF/SSI)

 

13.00%  to 13.50% p.a.

d)

SHG/NRLM/JLG (Non-Farm Sector)

12.50%  to 13.50% p.a.

       

2.

Agriculture & Allied Activities

   

a)

Crop Loan

 

7.00% p.a.

b)

Working Capital and Term Loan

 

12.00%  to 13.00% p.a.

c)

KCC other than Crop

 

12.00%  to 13.00% p.a.

d)

SHG/NRLM/JLG (Farm Sector)

 

12.00%  to 13.00% p.a.

       

3.

Other Priority Sector Advances

   

a)

Public Vehicle Loan

 

13.00%  to 13.75% p.a.

b)

NULM

 

7.00%  to 7.50% p.a.

c)

NHFDC

 

4.00%  to 5.00% p.a.

d)

JNNSM

 

12.75% p.a.

e)

School Plus

 

12.50% p.a.

f)

MUDRA

 

12.00%  to 13.00% p.a.

g)

Housing Loan

 

11.50%  to 12.50% p.a.

h)

Education loan up to

 

12.75% p.a. to 13.75% p.a.

       

4.

Non-Priority Sector Advances

   

a)

Personal Segment

 

13.25% p.a. to 15.00% p.a.

b)

Festival Loan

 

15.25% p.a.

c)

Car Loan

 

13.00% p.a. to 13.50% p.a.

d)

Demand loan against TDRs

 

2.00% above

e)

Clean Overdraft

 

15.50% p.a.

 

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