Deposits

Deposits (w.e.f  05/12/2017)

Sr. No.

Type of Deposit and Period

Interest Rates

1

14 days and upto 180 days

6.00 %

2

181 days and upto 365 days

6.50 %

3

Above 12 months and upto 24 months(not applicable for banks and Credit Co-op Societies (Patsanstha))

7.25 %

4

Above 24 months and upto 36 months

7.40 %

5

Above 36 months

7.40 %

6

Recurring Deposit Complete 12 Months an above

7.00 %

7

Income Tax Act, 1961, u/s 80C period minimum 5 years not enhanceable  before maturity and no loan facility against FDR

7.50%

Institutional Deposits:-

Sr. No.

Type of Deposit and Period

Interest Rates

1

14 days and upto 180 days

6.00 %

2

181 days and upto 365 days

6.50 %

3

Above 12 months and upto 24 months

7.25 %

4

Above 24 months and above

7.00%

 

Loans

Loans  (w.e.f  05/12/2017)

Sr. No.

Loan Limit

Interest Rate

1

Personal Loan Rs.2.00 Lakh

13.00 %

2

Personal Loan above Rs.2.00 Lakh and upto Rs.5.00 lakh

14.00 %

3

Above Rs.1.00 Lakh and upto Rs.50.00 Lakh (Mortgage Loan)

12.00 %

4

Above Rs.50.00 Lakh

12.00%

5

Advance Against Gold

09.50 %

6

Advance against gold(for ladies)

09.50%

7

Cash credit

12.50%

8

Bharati Vastupurti Grihakarj Yojana ( Housing Loan)
a) upto Rs.70.00 Lakh(Municipal Corporation, Municipality Sanctioned Plan)

09.50 %

b) upto Rs.70 Lakh( Town Planning, Sanctioned Plan)

09.50 %

c) upto Rs.25.00 Lakh(Grampanchayat Sanctioned plan)

09.50 %

9

Shop (Gala) / Office- purchase  -       ROI- 12.00% 

10

Solar Power Units Generation ROI- 12.00% *conditions apply

11

Loan against FDR-1 % more than the interest on FDR

12

TOD in Current Account and Overdraft in Cash Credit

15.00 %

Note :

1)      Loan against FDR above Rs.50.00 lakh – RIO  @0.50% more than ROI on FDR