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 01.06.2024) 

1

SURITY LOAN

 

(a)

Upto Rs. 5 Lakhs

(a) 13.00% P.A. (CIBIL 750 & Above)  

(b) 14.00% P.A. (CIBIL 600 to 749)  

(c) 15.00% P.A. (CIBIL 500 to 599)  

(b)

Upto Rs. 5 Lakhs

Unsecured Business Loan for MSME against personal sureties

 

(a) 10.50% P.A. (CIBIL 750 & Above)  

(b) 11.00% P.A. (CIBIL 600 to 749)  

(c) 11.50% P.A. (CIBIL 500 to 599)  

2

HOUSING LOAN

 

(a)

Housing Loan

(a) 8.25% P.A. (CIBIL 750 & Above)  

(b) 8.50% P.A. (CIBIL 600 to 749)  

(c) 9.00% P.A. (CIBIL 500 to 599)  

(b)

For House Repair and Renovation

(a) 9.00% P.A. (CIBIL 750 & Above)  

(b) 9.25% P.A. (CIBIL 600 to 749)  

(c) 9.75% P.A. (CIBIL 500 to 599)  

3

TRANSPORT / VEHICLE LOAN

 

(a)

PERSONAL/COMMERCIAL VEHICLE LOAN

(a) 9.25% P.A. (CIBIL 750 & Above)  

(b) 9.50% P.A. (CIBIL 600 to 749)  

(c) 10.00% P.A. (CIBIL 500 to 599)  

(b)

ELECTRIC VEHICLE LOAN

(a) 8.75% P.A. (CIBIL 750 & Above)  

(b) 9.00% P.A. (CIBIL 600 to 749)  

(c) 9.50% P.A. (CIBIL 500 to 599)  

4

TERM LOAN-Loan against Property and Loan for Business

(a) 9.50% P.A. (CIBIL 750 & Above)  

(b) 10.00% P.A. (CIBIL 600 to 749)  

(c) 10.50% P.A. (CIBIL 500 to 599)  

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  

9.50% P.A.  

(b)

Above Rs. 20/- Lakhs   

10.00% 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.

 

 

RATE OF INTEREST ON DEPOSITS W.E.F. 01/06/2024

1.

46 DAYS TO 180 DAYS 

4.50% P.A

2.

181 DAYS TO 364 DAYS

6.00% P.A.

3.

1 YEAR AND ABOVE BUT LESS THAN 2 YEARS

7.25% P.A.

4.

2 YEARS AND ABOVE BUT LESS THAN 3 YEARS

7.40% P.A.

5.

3 YEARS AND ABOVE BUT LESS THAN 5 YEARS

7.50% P.A.

6.

5 YEARS AND ABOVE AND UP TO MAXIMUM 10 YEARS

7.60% P.A.

     

NOTE-1:-FOR SENIOR CITIZENS 60 YEARS AND ABOVE BUT LESS THAN 80 YEARS FOR THE PERIOD "ABOVE 12 MONTHS TO 120 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 120 MONTHS"

NOTE-3:-ADDITIONAL 0.5% INTEREST ON SINGLE DEPOSIT OF RS. 15/- LACS AND ABOVE FOR THE PERIOD "ABOVE 12 MONTHS TO 120 MONTHS"

SLAB SHIFTING PERIOD ONE MONTH
 

7.

 

              W.E.F. 01/06/2024

INTT. ON SAVING ACCOUNT

3.25% P.A.

SAVING ACCOUNT FOR CHILDREN BELOW 14 YEARS

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

8.

INTT. ON OPTIONAL DEPOSIT

FOR THE YEAR 2023-24

 

3.00% P.A.