Interest Rates
The details showing the Current Lending Rate of Interest and the fixed deposit rates of the BANK
Sl.No. |
Types of Loan |
Yearly |
EMI |
|
Short Term Agriculture |
|
|
1 |
KCC Loan (Soc) -Subsidy |
6.60 |
- |
2 |
KCC Loan Non-Subsidy (Soc) |
8.00 |
- |
3 |
KCC Loan- Individuals-Above 5 lakh |
9.00 |
- |
|
Short term non-agri Agriculture |
|
|
4 |
Cash credit Loan (CC II, IV)-soc |
9.00 |
- |
5 |
Cash credit Loan (CC IIa-Food grain )-soc |
9.00 |
- |
6 |
Cash credit Loan (CC I -Daily business) |
9.00 |
- |
7 |
Marketing Finance (Societies)-Coffee |
9.00 |
- |
8 |
Marketing Finance (Societies)-Paddy |
9.00 |
- |
9 |
Overdraft Loans - Individuals |
9.50 |
- |
10 |
Pigmy deposit surety Loan - Individuals |
10.00 |
- |
11 |
Jewel Loan: |
|
|
|
Without RTC |
9.00 |
- |
|
With RTC |
8.00 |
- |
12 |
Jewel Loan Instant-90 days |
10.00 |
- |
13 |
Jewel Loan Instant-180 days |
9.50 |
- |
14 |
Jewel Loan Overdraft |
9.00 |
- |
15 |
Surety loan individual (Farmers) |
9.50 |
- |
16 |
Badavara Bandhu loan |
10.00 |
- |
17 |
Mudra |
9.50 |
- |
18 |
Loan on N.S.C /K.V.P/ I.V.P/LIC bond Ind |
12.00 |
- |
19 |
Loan on N.S.C /K.V.P/ I.V.P/LIC bond Staff |
12.00 |
- |
20 |
Pigmy Deposit Loan |
10.00 |
- |
|
As per State Govt. Interest Subsidy Rate -MT Agri & ST others |
||
21 |
Farm Mechanisation |
6.70 |
- |
22 |
Farm Pond Loan |
6.70 |
- |
23 |
Sprinkler Loan |
6.70 |
- |
24 |
Coffee Drying yard and Godown |
6.70 |
- |
25 |
Coffee Pulper |
6.70 |
- |
26 |
Farm house loan |
6.70 |
- |
27 |
Floriculture Loan |
6.70 |
- |
28 |
Dairy Development/Piggery/Poultry/Sheep Rearing |
6.70 |
- |
29 |
Green/Poly House |
6.70 |
- |
30 |
Agri M.T. Loan Non Subsidy |
9.50 |
- |
31 |
PashuBhagya (Govt subsidies) |
11.00 |
- |
32 |
PashuBhagya -Non subsidy) |
10.00 |
- |
33 |
Fisheries (Govt subsidies) |
6.70 |
- |
|
Medium Term Non-Agri Loans |
||
34 |
Medium Term Loans (Societies) |
6.70 |
- |
35 |
PACS as MSC by NABARD |
11.00 |
- |
36 |
MSC Loan to societies by bank |
9.00 |
- |
37 |
Personal Loan (Salary) - Individuals |
9.50 |
- |
38 |
Personal Loan (Salary) - Private sector (anganvadi) |
9.50 |
- |
39 |
Vehicle (Gen)-WEF 10.05.2022 |
9.00 |
8.50 |
40 |
Vehicle Loan (Hire Auto & other vehicle) |
9.00 |
8.00 |
41 |
Second hand vehicle loan –Ind |
9.50 |
9.00 |
42 |
Electric vehicle |
8.50 |
8.00 |
43 |
Pick-up loan agri |
8.00 |
- |
44 |
Diesel Generator |
10.00 |
- |
45 |
Agri Allied activities(Govt non subsidy) |
9.50 |
- |
46 |
Solar Loan |
9.50 |
8.50 |
|
SHG & JLG Loans |
||
47 |
Self Help Group Loan (Soc) |
10.00 |
- |
48 |
Self Help Group Loan(BPL) -Gents |
4.00 |
- |
49 |
Self Help Group Loan(BPL)-Ladies |
0.00 |
- |
50 |
Self Help Group Loan(APL) |
10.00 |
- |
51 |
Self Help Group Loan-Kayaka -upto 5.00 Lakh |
0.00 |
- |
52 |
Self Help Group Loan-Kayaka Above 5 Lakh |
4.00 |
- |
53 |
Joint Liability Group Loan |
10.00 |
- |
|
Long Term Non-Agri Loans |
|
|
54 |
Building Loan (Societies) |
9.50 |
- |
55 |
Commercial Complex (Indls) |
9.50 |
8.50 |
56 |
Commercial Complex (Institution) |
10.50 |
9.00 |
57 |
House /Site/ Building Mortgage Loan |
10.00 |
9.50 |
58 |
Site/ Building Mortgage Loan-Institution |
10.00 |
8.50 |
59 |
House Construction Loan to Indls/ Salaried |
9.50 |
9.00 |
60 |
LT – General Purpose |
10.00 |
9.00 |
61 |
Agri Property purchase and development-Indl |
9.50 |
- |
62 |
Agri Property purchase and development-Company |
10.00 |
- |
63 |
Tourism development loan |
- |
9.00 |
64 |
Consortium Loan |
- |
12.00 |
65 |
Site/House /Building Purchase Loan –Ind |
10.00 |
8.50 |
66 |
Rural housing Loan |
9.50 |
9.00 |
Note: 1)All loans except agriculture loans have to be bear 2% penal interest on installment if the loan falls overdue.
2)Rate of interest charged on all govt interest subsidy schemes is as per GOK order.
FIXED DEPOSIT INTEREST RATE (W.E.F. 05.11 .2022)
SI NO |
|
30 TO 90 DAYS |
91 TO 180 DAYS |
181 TO 364 DAYS |
365 Days |
366 Days to <2 years |
Above 2 yrs to 10 yrs |
1 |
General |
4.00% |
4.50% |
5.50% |
7.00% |
7.25% |
6.75% |
2 |
Senior Citizen |
4.50% |
5.00% |
6.00% |
7.50% |
7.75% |
7.25% |
3 |
Special Deposit Scheme for 777 days (Locking period) for the new General deposit 7.50% and Sr Citizen – 7.85% |
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