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)

7.50

-

3

KCC Loan- Individuals-Above 5 lakh

9.00

-

 

Short term non-agri Agriculture

 

4

Cash credit Loan (CC II, IV)-soc

7.50

-

5

Cash credit Loan (CC  IIa-Food grain )-soc

8.00

-

6

Cash credit Loan (CC I -Daily business)

7.50

-

7

Marketing Finance (Societies)-Coffee

8.50

-

8

Marketing Finance (Societies)-Paddy

8.50

-

9

Overdraft Loans - Individuals

9.00

-

10

Pigmy deposit surety  Loan - Individuals

9.50

-

11

Jewel Loan:

 

 

Non-Agriculture

7.50

-

 

Agriculture

7.00

-

12

Jewel Loan  Instant-90 days

9.50

-

13

Jewel Loan  Instant-180 days

9.00

-

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

9.50

-

 

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

9.00

-

31

PashuBhagya (Govt subsidies)

11.00

-

32

PashuBhagya -Non subsidy)

9.50

-

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

8.00

-

37

Personal Loan (Salary) - Individuals

9.50

-

38

Personal Loan (Salary) - Private sector (anganvadi)

9.50

-

39

Vehicle  (Gen)-WEF 10.05.2022

8.00

7.50

40

Vehicle Loan (Hire  Auto & other vehicle)

9.00

8.00

41

Pick-up loan  agri

7.50

-

42

Diesel Generator

9.50

-

43

Agri Allied activities(Govt non subsidy)

9.00

-

44

Solar Loan

9.50

8.50

 

SHG & JLG Loans

45

Self Help Group Loan (Soc)

10.00

-

46

Self Help Group Loan(BPL) -Gents

4.00

-

47

Self Help Group Loan(BPL)-Ladies

0.00

-

48

Self Help Group Loan(APL)

9.00

-

49

Self Help Group Loan-Kayaka -upto 5.00 Lakh

0.00

-

50

Self Help Group Loan-Kayaka Above 5 Lakh

4.00

-

51

Joint Liability Group Loan

10.00

-

 

Long Term Non-Agri Loans

 

 

52

Building Loan (Societies)

9.00

-

53

Commercial Complex (Indls)

9.00

8.00

54

Commercial Complex (Institution)

10.00

8.50

55

House /Site/ Building Mortgage Loan

9.00

8.00

56

Site/ Building Mortgage Loan-Institution

10.00

8.50

57

House Construction Loan to Indls/ Salaried

8.50

7.00

58

LT – General Purpose

9.50

8.00

59

Agri Property purchase and development-Indl

9.50

-

60

Agri Property purchase and development-Company

10.00

-

61

Tourism development loan

-

9.00

62

Consortium Loan

-

12.00

63

Site/House /Building Purchase Loan –Ind

9.50

8.00

64

Second  hand vehicle loan –Ind

8.50

7.50

65

Electric vehicle

7.50

7.00

66

Rural housing  Loan

8.50

7.00

 

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. 05.07.2021)

SI NO

 

30 TO 90 DAYS

91  TO  180 DAYS

181 TO 364 DAYS

365 Days

Above 366 Days

1

General

3.50%

4.00%

5.25%

5.50%

5.00%

2

Senior Citizen

4.00%

4.50%

5.75%

6.00%

5.50%

3

Special Deposit Scheme for the new individual deposit of Rs 50 lakhs and above with minimum period of 1 year – 6.00%