Interest Rates

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 (A)Deposits ( Effective from 01-02-2024 ) Rate
Fixed Deposits Rates Gen. Public Senior Citizen
1.) 07 Days to 45 Days 3.50% 3.50%
2.) 46 Days to 180 Days 4.75% 4.75%
3.) 181 Days to Less than one year 5.75% 5.75%
4.) One Year & Above to 3 Years 7.00% 7.50%
5.) 3 Years & Above to 5 Years 7.25% 7.75%
6.) More than 5 years and up to 10 years 6.75% 7.25%
7.) Saving All 3.25% 3.25%
*Applicable on fresh deposits & Renewals.
*1% penalty on premature payment.

*Rates are subject to change.

Advance (effectiv from 01-05-2024) Rate of Intt.(On daily reducing Bal.) Monthly Instalment (per lac)
1) Personal Loan (Govt./Semi Govt. employees & employees of approved institutions)
1. Up to Rs. 5.00 lacs 14.00% P.A. 2330 (5 years)
2.) House loan-(For Purchase, Construction , Repair & Takeover)
(A) Residential purpose
1. Up to Rs.20.00 lacs 8.75% P.A. 885 (20 years)
2. Above Rs.20.00 lacs Less than Rs.50.00 lacs 8.50% P.A. 870 (20 years)
3. Rs.50.00 Lacs and Above 8.25% P.A. 855 (20 years)
(B) Commercial Purpose 11.00% P.A. 1035 (20 years)
3.) Vehicle Loan
(A) Personal use
1. Up to Rs.10.00 Lacs 8.50% P.A. 1585(7 Years)
2. Above Rs.10.00 lacs (secured against property) 8.00% P.A. 1560(7 Years)
(B) Commercial use
1. Up to Rs.10.00 Lacs 9.00% P.A. 1610( 7 Years)
2. Above Rs.10.00 lacs (secured against property) 8.50% P.A. 1585 (7 Years)
4.) Cash Credit(Hyp.) Limit
1. Up to Rs. 2.00 lacs 14.00% P.A.
2. Above Rs.2.00 lacs Up to Rs.5.00 lacs (secured against property) 12.50% P.A.
3. Up to Rs.10.00 lacs (secured against property) 11.50% P.A.
4. Rs.10.00 lacs and Above Less than Rs.25.00 lacs (secured against property) 11.25% P.A.
5. Rs.25.00 lacs and Above Less than Rs.75.00 lacs (secured against property) 9.50% P.A.
6. Rs.75.00 lacs and Above Less than Rs.2.00Crore (secured against property) 8.75% P.A.
7. Rs.2.00 Crore and Above (secured against property) 8.25% P.A.
5.) Mortgage Loan/Mortgage CC limit
1. Less then Rs.25.00 lacs 12.00% P.A. 1200 (15 year)
2. Rs.25.00 lacs and Above less then Rs.50.00 lacs 10.50% P.A. 1110 (15 year)
3. Rs.50.00 lacs and Above less then Rs.1 crore 9.75% P.A. 1060 (15 year)
4. rs.1 crore and above and Less then Rs.2 crore 8.75% P.A. 1000 (15 year)
5. Rs.2 crore and Above 8.25% P.A. 970 (15 year)
6.) Business Loan (M.T.Loan)
1. Up to Rs. 2.00 lac 14.00% P.A. 2330 (5 year)
2. Above Rs. 2.00 lac Up to 5.00 lac 13.00% P.A. 2275 (5 year)
3. Less then Rs. 10.00 lac (secured against property) 12.50% P.A. 2250 (5 year)
4. Rs. 10.00 lacs and Above and less than Rs. 25.00 lacs(secured against property) 12.00% P.A. 2225 (5 year)
5. Rs.25.00 lacs and Above Less than 50.00 lacs (secured against property) 11.00% P.A. 2175 (5 year)
6. Rs.50.00 lacs and Above and less than 1.00 Crore (secured against property) 9.75% P.A. 2115 (5 year)
7. Rs.1.00 Crore and Above Less then 2.00 Crore (secured against property) 8.75% P.A. 2070 (5 year)
8. Rs.2.00 Crore and Above (secured against property) 8.25% P.A. 2040 (5 year)
7.) Loan for Solar Penal
1. Up to Rs. 3.00 lac 9.50% P.A. 1635 (7 year)
2. Above Rs.3.00 lacs (secured against property) 8.50% P.A. 1585 (7 year)
8.) Gold loan (Ornaments) 8.50 % P.A. For 12 months
9.) Loan against NSC 8.50% P.A
10.) Education Loan 9.00% P.A
11.) Loan /C.C. againts Time Deposit with bank 1% above the rate applicable on deposit