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Bank Deposit Rate (12-Aug-2021)

Sr.No. Duration General Interest Rate Interest Rate For Senior Citizen & Bank Staff Member
1 31 days to 90 days 4.00 % 4.50 %
2 91 days to 180 days 4.50 % 5.00 %
3 181 days to less than 1 year 4.80 % 5.30 %
4 1 year to less than 2 years 5.30 % 5.80 %
5 2 year to less than 3 years 5.20 % 5.70 %
6 3 year and Above 5.10 % 5.60 %


Bank Loan and Advances Rate (12-Aug-2021)

Sr.No. Loan Type Rate of Interest for Loan and Advances
1 Cash Credit against Hypothication of stock (Collateral Security must) Business Loan/Industrial Loan/ Machineries Purchase /Over Draft etc 8.40 %
2 Cash Credit / Hypo. / Hyp. Machinery Loan / Over Draft (1 Crore & Above) 8.25 %
3 Two Wheeler 10.00 %
4 Truck/Tanker/Rickshaw etc (Any Commercial Vehicle) 09.50 %
5 Any second hand vehicle (vehicle should not be old more than four year) 13.00 %
6 Housing Loan 7.60 %
7 Property Mortgage Loan 9.90 %
8 Gold Loan (Against Ornaments) 11.00 %
9 NSC/KVP 11.00 %
10 EDUCATION LOAN FOR HIGHER STUDY 9.50 %
11 Loan aginst Fix Deposit FD ROI +1% Additional %
12 Car Loan 7.50 %
13 Loan aginst NSC/KVP 11.00 %


CIBIL SCORE FOR LOAN APPLICATION RATE TO APPLY MORE OR LESS THAN PREVAILING INT. RATE
700 & Above PREVAILING INT. RATE
600 & 699 + 0.15 %
500 & 599 + 0.30 %