Deposits (w.e.f  01/12/2018)

Deposits Rate w.e.f. 01/12/2018

 

Sr. No. Type of Deposit and Period Interest Rates (%)
Ordinary Senior Citizen
1 14 days upto 180 days 6.00 6.25
2 181 days upto 365 days 6.50 6.75
3 Above 12 months 7.00 7.25
4 Income Tax Act, 1961, u/s 80C period minimum 5 years not enhanceable  before maturity and no loan facility against FDR 7.50
5 Recurring Deposit Complete 12 Months and above 7.00
6 Dhanwardhini Recurring Deposit Scheme- for 67 months 7.75

 

Institutional Deposits:-

Sr. No. Type of Deposit and Period Interest Rates
1 14 days upto 180 days 6.00 %
2 181 days upto 365 days 6.50 %
3 Above 12 months and upto 24 months 7.00%
4 Above 24 months and above 6.75%

Loans  (w.e.f  30/11/2017)

Loan Type and Loan Limit

Loans w.e.f. 30/11/2017

Sr. No. Loan Limit Interest Rate
1 Personal Loan Rs.2.00 Lakh 13.00 %
Personal Loan above Rs.2.00 Lakh and upto Rs.5.00 lakh 14.00 %
2 Mortgage Loan/ Overdraft Against Property/ Builder Loan
Above Rs.1.00 Lakh and upto Rs.50.00 Lakh 12.00 %
Above Rs.50.00 Lakh
3 Advance Against Gold
Bullet Repayment (1 year period, Loan limit upto Rs.2.00 Lakh) 9.50%
Period  3 years, Loan limit above Rs.2.00 Lakh 10.50%
CC against Gold Security 10.50%
4 Cash credit 12.50%
5 Housing Loan
a) upto Rs.70.00 Lakh (Municipal Corporation, Municipality Sanctioned Plan) 9.50 %
b) upto Rs.70 Lakh ( Town Planning, Sanctioned Plan)
c) upto Rs.25.00 Lakh (Grampanchayat Sanctioned plan)
d) Above Rs.25.00 Lakh upto Rs.70.00 Lakh (Grampanchayat Sanctioned plan)
6 SSI/ Small Business/ Retail Trade/Shop (Gala) / Office purchase/Furniture/Interior
Term Loan 12.00 %
Cash Credit 12.50%
7 Vehicle Loan
Two Wheeler/ Four Wheeler Vehicle 10.00%
Commercial Vehicle 11.00%
8 Agriculture Loan
Harvesting and Transport 9.50%
Crop Loan (Thibak Chinchan) 11.00%
9 Loan Against Term Deposit
Loan against FDR-1 % more than the interest on FDR
Loan Above Rs.50.00 Lakh and Above against FDR-0.50% more than the interest on FDR
Third Party advance against FDR 13.00%
10 Solar Power Unit Generation 12.00%
11 TOD / Ad-Hoc Limit 15.00%
12 Cheque Purchase 18.00%

Note :

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