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Rate of Interest
Interest Rates on Deposits w.e.f. 19.11.2016 *
Savings Bank Account - 4% p.a. on daily basis
Duration General Public
Interest Rate (% p.a.) 		New Mahila (Women)
Interest Rate (% p.a.) 		Senior Citizens
Interest Rate (% p.a.)
15 days & upto 45 days 5.25 5.50 5.75
46 days & upto 90 days 6.50 6.75 7.00
91 days & upto 180 days 7.00 7.25 7.25
181 days & upto 364 days 7.30 7.40 7.50
1 year to less than 2 years 7.50 7.60 7.75
2 years to less than 5 years 7.50 7.75 8.00
5 years to less than 8 years 7.75 8.00 8.25
8 years and upto 10 years 8.00 8.25 8.50
 
* The above rates will be applicable for fresh and renewal of deposits and are Subject to revision at any time.
* The Mahila (Women) Deposit accounts will get 0.25% extra over and above on the “General Public” rates.
 
Rate of Interest on LOANS & ADVANCES
SL. NO LOAN SCHEME INTEREST RATE (%)
1. All Agricultural Loans through PACS (Except KCC/SAO) 9.50
2. KCC/SAO from PACS 7.00
3. All Agriculture Loans (Direct Lending) 11.00
4. All Term Loans under SHG 11.75
5. All Term Loans/Overdraft upto Rs. 5.00 Lakhs (Except SHG/ Agri/ Govt. Sponsored schemes) 13.25
6. All Govt. Sponsored Schemes 12.75
7. (i) Term loans / Overdraft above Rs. 5.00 lakhs and upto 30.00 lakhs 13.50
(ii) Term loans / Overdraft above Rs. 30.00 lakhs and upto Rs. 1.00 crore 14.25
(iii) Term loans/ Overdraft above Rs. 1.00 crore 14.25
8. (i) OD above Rs. 5.00 lakhs and upto Rs. 30.00 lakhs 13.50
(ii) OD above Rs. 30.00 lakhs and upto Rs. 1.00 Crores 14.25
(iii) OD above Rs. 1.00 Crores 14.00
9. Housing Loan upto Rs. 20.00 lakhs 10.75
10. Housing Loan above Rs. 20.00 lakhs 11.25
11. Building loan for Hotel, Business & Other Commercial Purposes 13.25
12. (i) Personal Loan upto 3 years 13.75
(ii) Personal Loan above 3 years 14.50
13. Gold Loan 12.25
 
Note:
1. The interest rates shall be applicable on all existing and fresh loans & advances.
2. A rebate of 1 % shall be allowed on Term Loans above Rs. 1. 00 Crores for prompt repayments.
3. The above rates are subject to revision at any point of time.
4. The maximum limit for Personal loan is restricted to Rs. 3.00 lakhs.
 
 
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