INTEREST TABLE

 

LOCKER RENT  PER ANNUM  W.E.F. 01.01.2013

SMALL

Rs. 600/-  

         MEDIUM        

Rs. 900/-  

LARGE

Rs. 1200/-  

 

 

RATE OF INTEREST ON ADVANCES  W.E.F 03.05.2017 

1

SURITY LOAN :-

 

(a)

SURITY LOAN upto Rs. 3 Lakhs

13% P.A.  

(b)

SURITY LOAN above Rs. 3 Lakhs

14% P.A.  

2

HOUSING LOAN

9.75% P.A.  

3

TRANSPORT / VEHICLE LOAN

10.00% P.A.  

4

TERM LOAN-Loan against Property

12.00% P.A.  

5(a)

SANCTIONED -OD/TOD -limits (Secured) upto Rs. 50/ Lacs.

Any amount above sanctioned ODL/TODL and Bill Purchase -

12.00% P.A.  

 

*15.00% P.A.  

(b)

SANCTIONED -OD/TOD -limits (Secured) above Rs. 50/ Lacs.

Any amount above sanctioned ODL/TODL and Bill Purchase -

11.00% P.A.  

 

*14.00% P.A.  

6

EDUCATION LOAN    

10% P.A.  

7

CONSUMER DURABLES --DCG

13% P.A.  

Note:- No rebate will be given on loans taken with effect from 04/04/2016 as interest has been reduced by 1%. However, 1% rebate as per the existing rules will continue to be given for loans taken before 04/04/2016

 

  0.5% rebate in interest on loan to a member belonging to SC/ST category provided a certified copy of the certificate that he belongs to this category is submitted along with the loan form and it is verified from original

 

  * On overdue amount of all loans, 3% additional interest will be charged

 


 

 

RATE OF INTEREST ON DEPOSITS W.E.F. 16/01/2017

1.

46 DAYS TO 180 DAYS 

5.00% P.A.

2.

181 DAYS TO 12 MONTHS

6.00% P.A.

3.

ABOVE 12 MONTHS TO 36 MONTHS

6.50% P.A.

4.

ABOVE 36 MONTHS TO 120 MONTHS

7.00% P.A.

 

 

     

NOTE-1:-FOR SENIOR CITIZENS FOR A MINIMUM PERIOD OF SIX MONTHS , 0.5% ADDITIONAL INTEREST

NOTE-2:-ADDITIONAL 0.5% INTEREST ON SINGLE DEPOSIT OF RS. 15/- LACS AND ABOVE

SLAB SHIFTING PERIOD ONE MONTH
 

5.

 

              W.E.F. 03/05/2017

INTT. ON SAVING ACCOUNT

4.00% P.A.

 

 

6.

INTT. ON SPECIAL DEPOSIT MEMBER FOR THE YEAR 2017-18

8.00% P.A.

INTT. ON OPTIONAL DEPOSIT

FOR THE YEAR 2015-16

4.00% P.A.