BANK DEPOSIT RATE (16-APR-2022)
| 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 |
4.75 % |
5.25 % |
| 3 | 181 days to less than 1 year |
5.25 % |
5.75 % |
| 4 | 1 year to less than 2 years |
6.00 % |
6.50 % |
| 5 |
2 year to less than 3 years |
6.10 % |
6.60 % |
| 6 |
3 year and Above |
6.15 % | 6.65 % |
BANK LOAN AND ADVANCES RATE (17-NOV-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 | 8.90 % |
| 2 | Cash Credit / Hypo. / Hyp. Machinery Loan / Over Draft (1 Crore & Above) | 8.40 % |
| 3 | Two Wheeler | 12.00 % |
| 4 | Truck/Tanker/Rickshaw etc (Any Commercial Vehicle) | 9.90 % |
| 5 | Any second hand vehicle (vehicle should not be old more than four year) | 15.00 % |
| 6 | Housing Loan | 8.25 % |
| 7 | Property Mortgage Loan | 9.90 % |
| 8 | Gold Loan (Against Ornaments) | 12.00 % |
| 9 | NSC/KVP | 9.00 % |
| 10 | Education Loan for Higher Study | 9.50 % |
| 11 | Loan aginst Fix Deposit | FD ROI +1% Additional % |
| 12 | Car Loan | 8.40% |
| CIBIL SCORE FOR LOAN APPLICATION | RATE TO APPLY MORE OR LESS THAN PREVAILING INT. RATE |
| 700 & Above | PREVAILING INT. RATE |
| 600 & 699 than ROI | + 0.25 % |
| 500 & 599 than ROI | + 0.50 % |
| PROCESSING CHARGE: | |
| Below 1 Crore | 0.50% |
| 1 Crore & Above | 0.35% |
| To be Applicable for all the loans except FOD loan |
