Interest on Deposit & Advances

                                                         RATE OF INTEREST


DEPOSITS  ( w.e.f.  12.05.2020)

PERIOD RATE P.A. (%)
FROM 30 DAYS TO 90 DAYS 5.00
FROM 91 DAYS TO 12 MONTHS 5.75
OVER 12 MONTHS TO 2 YEARS 6.00
OVER 2 YEARS TO 3 YEARS 6.30
OVER 3 YEARS TO 10 YEARS 6.50
 
  • FOR SENIOR CITIZENS 0.50% EXTRA
  • NO PENALITY ON PRE-MATURE ENCASHMENT. INTEREST SHALL BE PAID AT RATE APPLICABLE FOR THE PERIOD DEPOSIT HAS RUN.
 

                                                   RATE OF INTEREST

                          Loan & Advances - ( w.e.f. 01.07.2020)

HOUSING LOAN
Maximum Limit : Rs.70 Lacs  
Housing Loan
(Repayable in Max. 240 months)
8.50 RATE P.A. (%)
VEHICLE LOAN
NEW CAR 8.50 RATE P.A. (%)
Repayment Period:-
For Salaried Class : Max. 72 months  
For Others : Max. 60 months  
OLD CAR : Max. 36 months 13.00 RATE P.A. (%)
EDUCATION LOAN
In India : Max. Rs. 10.00 Lac 10.50 RATE P.A. (%)
Abroad : Max. Rs. 20.00 Lac 10.50 RATE P.A. (%)
  • For girl child / candidate: 1.00% less of applicable rate Repayment Period : Max. 120 months
Loan for other Productive Purposes against security of Property
Maximum : Rs.1.75 Crore (Repayable in Max. 150 Months)  
Upto Rs. 50 Lacs 11.50 RATE P.A. (%)
Over Rs. 50 Lacs 10.75 RATE P.A. (%)
Loan for consumption Purposes against security of Property
Maximum : Rs.20.00 Lacs (Repayable in Max. 120 Months)  
Upto Rs. 20 Lacs 12.00 RATE P.A. (%)
Overdraft Limit for other Productive Purposes against security of Property
Maximum : Rs. 1.00 Crore  
Upto Rs. 50.00 Lac 11.75 RATE P.A. (%)
Over Rs. 50.00 Lac 11.00 RATE P.A. (%)
Loan / OD against security of L.I.C. Policy, KVP / NSC / Eligible Bonds 9.75 RATE P.A. (%)
GENERAL LOANS
UPTO Rs. 5,00,000/- 13.50 RATE P.A. (%)
OVER Rs. 5,00,000/- & UPTO Rs. 50,00,000/- 11.25 RATE P.A. (%)
OVER Rs. 50,00,000/- & UPTO Rs. 1,00,00,000/- 10.25 RATE P.A. (%)
OVER Rs. 1,00,00,000/- & UPTO Rs. 1,50,00,000/- 9.50 RATE P.A. (%)
OVER Rs. 1,50,00,000/- 8.75 RATE P.A. (%)
OVERDRAFT LIMIT
UPTO Rs. 5,00,000/- 13.75 RATE P.A. (%)
OVER Rs. 5,00,000/- & UPTO Rs. 50,00,000/- 11.50 RATE P.A. (%)
OVER Rs. 50,00,000/- & UPTO Rs. 1,00,00,000/- 10.50 RATE P.A. (%)
OVER Rs. 1,00,00,000/- & UPTO Rs. 1,50,00,000/- 9.60 RATE P.A. (%)
OVER Rs. 1,50,00,000/- 8.80 RATE P.A. (%)