Rate of Interest

News & Events

All News & Events

Rate of Interest

Sl. No Period Rate of interest
less than
1.00 crore
Rate of interest
1.00 crore
& above
Rate of interest
(for Senior Citizen)
1 A. Term Deposit: –
i) 7 – 14 days 4.00 4.00 4.00
ii) 15 – 29 days 4.00 4.00 4.00
iii) 30 – 45 days 4.00 4.00 4.00
iv) 46 – 90 days 5.00 4.25 5.00
v) 91 – 180 days 6.25 6.05 6.25
vi) 181 – 364 days 5.75 5.00 6.25
vii) 365 days / 12 months 6.80 6.00 7.30
viii) Above 12 months to less than 36 months 6.60 4.75 7.10
ix) 36 months to 60 months 6.25 4.25 6.75
x) More than 60 months to 120 months 6.00 4.00 6.50
For MIS Individual for 3 years Revised Rate (%)
For Common People 6.25
For Senior Citizen 6.75
C. Loans and Advances: –
i) K C C Loan 7.00
ii) MT Agril & Agril Allied Sector 11.75
iii) Non Farm through Society 12.50
iv) Road Transport Operator 13.50
v) Cash Credit PDS 12.50
vi) MT ECCS 12.50
vii) MT (Engg./Labour/Other Coop Society) 14.00
viii) Cash Credit Consumer Business 12.50
ix) Cash Credit PWCS 13.00
x) MT SHG 11.00
xi) Nominal Member Business 12.50
xii) CC Engg/Lab/Other Coop Soc 14.00
xiii) BSKP 12.00
xiv) Advance Against LIC/KVP/NSC 11.00
xv) Mortgage Loan 10.00
xvi) Personal Loan 13.00
xvii) Personal Plus Loan 16.00
xviii) Vehicle Loan (Salary through bank) 9.85
xix) Vehicle Loan (Salary not through bank) 10.25
xx) Vehicle Loan Commercial 13.00
xxi) Adv against Deposit / Flex Deposit 1% higher than cont. rate
4. D. HOME LOANS: – Salary through Bank Salary Not through Bank Through Society
i) Upto 5 Years Repayment Term 8.60 8.65 8.65
ii) Above 5 Years upto 10 Years Repayment Term 8.70 8.75 8.75
iii) Above 10 Years Repayment Term 8.85 8.90 8.90