Interest Table

INTEREST TABLE

*RATE OF INTEREST ON ADVANCES W.E.F 01.04.2018*
1	SURITY LOAN :-
(a)	SURITY LOAN upto Rs. 3 Lakhs	13% P.A.
(b)	SURITY LOAN above Rs. 3 Lakhs	13% P.A.
2	HOUSING LOAN	8.50% P.A.
3	TRANSPORT / VEHICLE LOAN	09.00% P.A.
4	TERM LOAN-Loan against Property	11.00% P.A.
5(a)	SANCTIONED -OD/TOD -limits (Secured) upto Rs. 50/ Lacs. Any amount above sanctioned ODL/TODL and Bill Purchase -	11.00% P.A. *14.00% P.A.
(b)	SANCTIONED -OD/TOD -limits (Secured) above Rs. 50/ Lacs. Any amount above sanctioned ODL/TODL and Bill Purchase -	10.50% P.A. *13.50% P.A.
6	EDUCATION LOAN	09.50% P.A.
7	CONSUMER DURABLES --DCG	12% 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. 11/01/2018*
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 60 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 FOR THE PERIOD "ABOVE 36 MONTHS TO 60 MONTHS"

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 2018-19	8.00% P.A.
6.	INTT. ON OPTIONAL DEPOSIT FOR THE YEAR 2017-18	3.00% P.A.