Interest Rates on Term Deposit

S.
No.

Maturity Range

Rates from 16.11.2009 to 29.08.2010

Revised Rate of Interest w.e.f. 30.08.2010

01.

15 days to 45 days

4.00 % p.a.

4.00 % p.a.

02.

46 days to 90 days

5.00 % p.a.

5.00 % p.a.

03.

91 days to 180 days

5.50 % p.a.

5.50 % p.a.

04.

181 days to less than 1 year

6.25 % p.a.

6.25 % p.a.

05.

1 year to less than 2 years

6.75 % p.a.

7.50 % p.a.

06.

2 years to less than 3 years

7.25 % p.a.

7.25 % p.a.

07.

08.

3 years to less than 5 years

5 Years to Less than 7 Years

7.00 % p.a.

7.00 % p.a.

7.25 % p.a.

7.25 % p.a.

09.

7 years to less than 8½ years

7.00 % p.a

7.25 % p.a.

10.

8½ years to upto 10 years

7.00 % p.a

7.25 % p.a.

The above rates shall be applicable on all domestic term deposit accounts opened or renewed on or after 30.08.2010.

The additional incentive given on rate of interest to Senior Citizens shall continue at existing rate i.e. 0.50%.

The above rates will be compounded on quarterly rest for the deposits held for the period above 181 days & above.

Tax at source be deducted as per norms applicable.

 

Interest Rates on Advances

S.No.

Advance/Sector/ Scheme

Effective Interest Rate – BPLR 12.00% w.e.f. 15.07.2009

     

Interest Rate -%

BPLR difference

A.

 

1.

Direct Agriculture (Production Credit)
  Up to Rs. 50,000/-

 

10.00%

 

Below 2.00%

 

2.

  Rs. 50001/- to Rs. 2,00,000/-

11.00%

Below 1.00%

 

3.

  Rs. 2,00,001/- to 3,00,000/-

12.00%

-

 

4.

  Rs. 3,00,001/- to 5,00,000/-

12.50%

Above 0.50%

 

5.

>Rs.  5,00,000/- and above

12.50%

Above 0.50%

B.

 

1.

Agriculture Investment Credit (......................)
Up to Rs. 50,000/-

 

10.00%

 

Below 2.00%

 

2.

  Rs. 50001/- to Rs. 2,00,000/-

11.50%

Below 0.50%

 

3.

  Rs. 2,00,001/- to 10,00,000/-

12.50%

Above 0.50%

 

4.

>Rs.  10,00,000/-

13.00%

Above1.00%

C.

 

1.

Indirect  Agriculture (.......... .................................)
Up to Rs. 50,000/-

 

10.00%

 

Below 2.00%

 

2.

> Rs. 50000/- to Rs. 2,00,000/-

11.50%

Below 0.50%

 

3.

> Rs. 2,00,000/- to 10,00,000/-

12.50%

Above 0.50%

 

4.

>Rs.  10,00,000/- to 10,00,000/-

12.50%

Above 0.50%

D.

 

1.

Micro, Small & Medium Enterprises (MSME)
Up to Rs. 50,000/-

 

10.25%

 

Below 2.25%

 

2.

  Rs. 50001/- to Rs. 2,00,000/-

12.00%

Below 0.50%

 

3.

2,00,000/- to Rs. 5,00,000/-

13.00%

Above 0.50%

 

4.

>Rs.  5,00,000/- and above

13.50%

Above 1.00%

E.

1.

Self Help Group/SGSY/Group Loan .................................)
(Rs. 50000/- per Capita)

 

10.00%

 

Below 2.00%

F.

 

1.

Other Priority Sector .................................)
Up to Rs. 50,000/-

 

10.00%

 

Below 2.25%

 

2.

 > Rs. 50000/- to Rs. 2,00,000/-

11.50%

Below 0.50%

 

3.

 > Rs. 2,00,000/- to 25,00,000/-

12.50%

Above 0.50%

G.

 

1.

Non Priority Sector .................................)
Up to Rs. 50,000/-

 

10.10%

 

Below 2.00%

 

2.

  Rs. 50001/- to Rs. 2,00,000/-

11.50%

Below 0.50%

 

3.

  Rs. 2,00,001/- to 10,00,000/-

12.50%

Above 0.50%

 

4.

> Rs. 10,00,000/- to 25,00,000/-

13.50%

Above 1.50%

H.

 

1.A

Retail Loan
Housing Loan(General)under Fixed ..Rate Option                     .......              a. Loan repayment up to 5 yrs

 

upto Rs. 20 Lac - 10.50%

above Rs. 20 Lac - 10.50%

 

Fixed Rate

 

 

b. Loan repayment above 5 yrs up to 10 yrs

upto Rs. 20 Lac - 11.50%

above Rs. 20 Lac - 11.50%

Fixed Rate

 

 

c. Loan repayment above 10 yrs

upto Rs. 20 Lac - 12.50%

above Rs. 20 Lac - 12.50%

Fixed Rate

    d.Home Improvement Loan (upto2 Lac)

11.50%

Below 0.50%

 

1.B

KRISHAK AVAS RIN
a. Up to Rs. 50,000/-

 

10.50%

 

Below 1.50%

 

 

b. Rs. 50001/- to Rs. 2,00,000/-

11.50%

Below 0.50%

 

 

c. >Rs. 2,00,000/-

12.00%

---

 

2.

Advance for Bank premises*

 

 

    Upto Rs. 200000/-

12.50%

Above 0.50%

    > Rs. 200000/-

13.00%

Above 1.00%

 

3.

Pensioner’s Loan*

13.00%

Fixed Rate

 

4.

Marriage loan up to (2.00 lac)*

13.50%

Fixed Rate

 

5

Consumer loan for salary holders*

14.50%

Fixed Rate

 

6.

Two wheeler vehicle (NFS)*

11.50%

Fixed Rate

 

7.

Two wheeler vehicle (FS)*

11.50%

Fixed Rate

 

8.

Property loan scheme *
up to Rs. 10,00,000/-

 

13.50%

 

Above 1.50%

 

9.

Education loan
Up to Rs. 4,00,000/-

 

12.50%

 

Above 0.50%

 

 

Above Rs. 4,00,000/-

13.50%

Above 1.50%

  10 Loan to Medical Practitioners    
    Upto Rs. 200000/-

12.00%

---

    > Rs. 200000/-

11.50%

Below 0.50%

  11 PersonalLoan ( Fixed Rate)

14.00%

Above 3.00%

  12 Rasoi Muskan loan Scheme (fixed Rate)

10.00%

Below 2.25%

 

13

NSC/KVP
- Demand loan

10.50% or 0.50% below BPLR or 2.00% over NSC/KVP rate whichever is higher

 

Above 0.50%

 

 

- Over Draft

10.50% or 0.50% below BPLR or 2.00% over NSC/KVP rate whichever is higher

Above 0.50%

 

14

Loan against LIC policy for Customers

11.50%

Below 0.50%

    Loan against LIC policy for Staff

11.00%

Below 1.50%

 

15

LABOD Public

Note: The Regional Manager will have discretion, on case to case basis, to give up to 1% rebate in interest rate keeping in consideration business growth under special circumstances.

 

2% above deposit  interest rate

 

 

- Staff

 

1% above deposit interest rate

 

 

- loan against third party term deposit

 

2.50% above deposit interest rate

  16

Loan for Solar Light System (fixed rate)

Upto Rs.50000/-

10.00%

Below 2.00%

 

17

BP / TOD

14.50%

Above 2.50%

 

18

Car loan*
- up to Rs. 2.00 lac

11.50%

Below 0.50%

 

 

- above Rs. 2.00 lac

12.00%

---

 

19

Saral Vyapar loan
1. Up to Rs. 50,000/-

 

10.00%

 

Below 2.25%

 

 

2. > 50000/- up to 2,00,000/-

12.00%

---

 

 

3. > 2,00,000/- up to 10,00,000/-

12.50%

Above 0.50%

 

 

4. > above Rs. 10.00 lac

13.00%

Above 1.00%


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