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 01.04.2021) 

1

SURITY LOAN

 

(a)

Upto Rs. 2 Lakhs

12% P.A.  

(b)

Above Rs. 2 Lakhs

13% P.A.  

2

HOUSING LOAN

 

(a)

Upto Rs. 35 Lakhs

7.00% P.A.  

(b)

Above Rs. 35 Lakhs

7.50% P.A.  

3

TRANSPORT / VEHICLE LOAN

8.00% P.A.  

4

TERM LOAN-Loan against Property

11.00% P.A.  

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  

8.50% P.A.  

(b)

Above Rs. 20/- Lakhs   

9.00% P.A.  

7

CONSUMER DURABLES --DCG

11% 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. 01/04/2021

1.

46 DAYS TO 180 DAYS 

4.00% P.A

2.

181 DAYS TO 12 MONTHS

5.00% P.A.

3.

ABOVE 12 MONTHS TO 36 MONTHS

6.00% P.A.

4.

ABOVE 36 MONTHS TO 60 MONTHS

6.50% 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 FOR THE PERIOD "ABOVE 36 MONTHS TO 60 MONTHS"

SLAB SHIFTING PERIOD ONE MONTH
 

5.

 

              W.E.F. 01/04/2021

INTT. ON SAVING ACCOUNT

3.25% P.A.

 

 

6.

INTT. ON SPECIAL DEPOSIT MEMBER FOR THE YEAR 2021-22

7.00% P.A.

INTT. ON OPTIONAL DEPOSIT

FOR THE YEAR 2021-22

3.00% P.A.