INTEREST TABLE

 

LOCKER RENT  PER ANNUM  W.E.F. 01.09.2022

SMALL

Rs. 508/- Plus GST

         MEDIUM        

Rs. 763/- Plus GST 

LARGE

Rs. 1017/- Plus GST 

 

 

# RATE OF INTEREST ON ADVANCES  (W.E.F 01.09.2023) 

1

SURITY LOAN

 

(a)

Upto Rs. 2 Lakhs

(a) 13.00% P.A. (CIBIL 750 & Above)  

(b) 14.00% P.A. (CIBIL Less than 750)  

(b)

Above Rs. 2 Lakhs

(a) 13.00% P.A. (CIBIL 750 & Above)  

(b) 14.00% P.A. (CIBIL Less than 750)

2

HOUSING LOAN

 

(a)

Priority Sector

(a) 8.00% P.A. (CIBIL 750 & Above)  

(b) 8.50% P.A. (CIBIL Less than 750)  

 

(b)

Non Priority Sector

(a) 9.00% P.A. (CIBIL 750 & Above)  

(b) 9.50% P.A. (CIBIL Less than 750)  

(c)

For House Repair and Renovation (Priority Sector)

(a) 8.00% P.A. (CIBIL 750 & Above)  

(b) 8.50% P.A. (CIBIL Less than 750)

 

(d)

For House Repair and Renovation (Non Priority Sector)

(a) 9.00% P.A. (CIBIL 750 & Above)  

(b) 9.50% P.A. (CIBIL Less than 750)  

 

3

TRANSPORT / VEHICLE LOAN

 

(a)

PERSONAL/COMMERCIAL VEHICLE LOAN

(a) 8.25% P.A. (CIBIL 750 & Above)  

(b) 8.75% P.A. (CIBIL Less than 750)  

 

(b)

ELECTRIC VEHICLE LOAN

(a) 8.00% P.A. (CIBIL 750 & Above)  

(b) 8.50% P.A. (CIBIL Less than 750)  

 

4

TERM LOAN-Loan against Property

(a) 9.50% P.A. (CIBIL 750 & Above)  

(b) 10.00% P.A. (CIBIL Less than 750)  

 

5

SANCTIONED -OD/TOD -limits (Secured)

 

(a)

Upto Rs. 50/- Lakhs

 

Any amount above sanctioned ODL/TODL and Bill Purchase -

10.50% P.A.  

 

*13.50% P.A.  

(b)

Above Rs. 50/- Lakhs upto Rs. 1/- Crore

 

Any amount above sanctioned ODL/TODL and Bill Purchase -

10.00% P.A.  

 

*13.00% P.A.  

(c)

Above Rs. 1/- Crore

 

Any amount above sanctioned ODL/TODL and Bill Purchase -

09.50% P.A.  

 

*12.50% P.A.  

6

EDUCATION LOAN

 

(a)

Upto Rs. 20/- Lakhs  

9.00% P.A.  

(b)

Above Rs. 20/- Lakhs   

9.50% P.A.  

7

CONSUMER DURABLES --DCG

13.00% 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

 

  # Interest on Loans are compoundingly charged at monthly intervals on daily product basis.

 

  * On overdue amount of all loans, 3% additional interest in the form of penal interest will be charged

 

 

RATE OF INTEREST ON DEPOSITS W.E.F. 01/09/2023

1.

46 DAYS TO 180 DAYS 

4.50% P.A

2.

181 DAYS TO 12 MONTHS

6.00% P.A.

3.

ABOVE 12 MONTHS TO 36 MONTHS

7.00% P.A.

4.

ABOVE 36 MONTHS TO 60 MONTHS

7.50% P.A.

     

NOTE-1:-FOR SENIOR CITIZENS 60 YEARS AND ABOVE BUT LESS THAN 80 YEARS FOR THE PERIOD "ABOVE 12 MONTHS TO 60 MONTHS" - 0.50% ADDITIONAL INTEREST

NOTE-2:- FOR SUPER SENIOR CITIZENS 80 YEARS AND ABOVE - 1.00% ADDITIONAL FOR THE PERIOD "ABOVE 12 MONTHS TO 60 MONTHS"

NOTE-3:-ADDITIONAL 0.5% INTEREST ON SINGLE DEPOSIT OF RS. 15/- LACS AND ABOVE FOR THE PERIOD "ABOVE 12 MONTHS TO 60 MONTHS"

SLAB SHIFTING PERIOD ONE MONTH
 

5.

 

              W.E.F. 01/09/2023

INTT. ON SAVING ACCOUNT

3.25% P.A.

SAVING ACCOUNT FOR CHILDREN BELOW 14 YEARS

3.75% P.A.
  SAVING ACCOUNT FOR LADIES                          3.50% P.A.

6.

INTT. ON OPTIONAL DEPOSIT

FOR THE YEAR 2023-24

 

3.00% P.A.