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 |
1 |
KCC Loan (Soc) -Subsidy |
7.50 |
- |
2 |
KCC Loan Non-Subsidy (Soc) |
9.25 |
- |
3 |
KCC Loan- Individuals-Above 5 lakh |
10.75 |
- |
|
Short term non-agri Agriculture |
||
4 |
Cash credit Loan (CC II, IV)-soc |
11.00 |
- |
5 |
Cash credit Loan (CC IIa-Food grain )-soc |
9.50 |
- |
6 |
Cash credit Loan (CC I -Dialy business) |
9.25 |
- |
7 |
Marketing Finance (Socities)-Coffee |
10.25 |
- |
8 |
Marketing Finance (Socities)-Paddy |
10.25 |
- |
9 |
Overdraft Loans - Individuals |
12.50 |
- |
10 |
Pigmy deposit surety Loan - Individuals |
13.00 |
- |
11 |
Jewel Loan: |
||
|
Agriculture (w.e.f. 01.08.2019) |
8.50 |
- |
|
Non-Agriculture |
10.00 |
- |
12 |
Jewel Loan Instant-90 days |
13.00 |
- |
13 |
Jewel Loan Instant-180 days |
12.00 |
- |
14 |
Jewel Loan Overdraft |
11.00 |
- |
15 |
Surity loan individual (Farmers) |
12.00 |
- |
16 |
Badavara Bandhu loan |
10.00 |
- |
17 |
Mudra |
13.50 |
- |
18 |
Agri Allied activities(Govt non subsidy) |
12.00 |
- |
19 |
Loan on N.S.C /K.V.P/ I.V.P/LIC bond Indiv |
12.00 |
- |
20 |
Loan on N.S.C /K.V.P/ I.V.P/LIC bond Staff |
12.00 |
- |
21 |
Pigmy Deposit Loan |
10.00 |
- |
|
As per State Govt. Interest Subsidy Rate -MT Agri & ST others |
||
22 |
Farm Mechanisation |
8.90 |
- |
23 |
Farm Pond Loan |
8.90 |
- |
24 |
Sprinkler Loan |
8.90 |
- |
25 |
Coffee Drying yard and Godown |
8.90 |
- |
26 |
Coffee Pulper |
8.90 |
- |
27 |
Farm house loan |
8.90 |
- |
28 |
Floriculture Loan |
8.90 |
- |
29 |
Dairy Develepment/Piggery/Poultry/Sheep Rearing |
8.90 |
- |
30 |
Green/Poly House |
8.90 |
- |
31 |
Agri M.T. Loan Non Subsidy |
10.25 |
- |
32 |
Pashu Bhagya (Govt subsidies) |
11.00 |
- |
33 |
Pashu Bhagya -Non subsidy) |
12.00 |
- |
34 |
Fisheries (Govt subsidies) |
12.00 |
- |
|
Medium Term Non-Agri Loans |
||
35 |
Medium Term Loans (Societies) |
10.60 |
- |
36 |
PACS as MSC by NABARD |
11.00 |
- |
37 |
MSC Loan to societies by bank |
10.50 |
- |
38 |
Personal Loan (Salary) - Individuals |
12.00 |
- |
39 |
Personal Loan (Salary) - Private sector (anganvadi) |
12.00 |
- |
40 |
Vehicle (Gen)-WEF 01.05.2017 |
10.00 |
8.50 |
41 |
Vehicle Loan (Hire Auto & other vehicle) |
- |
8.50 |
42 |
Pick-up loan agri |
8.15 |
- |
43 |
Diesel Generator |
13.00 |
- |
44 |
Agri Allied activities(Govt non subsidy) |
13.00 |
- |
45 |
Solar Loan |
12.00 |
10.50 |
|
SHG & JLG Loans |
||
46 |
Self Help Group Loan (Soc) |
10.00 |
- |
47 |
Self Help Group Loan(BPL) -Gents |
4.00 |
- |
48 |
Self Help Group Loan(BPL)-Ladies |
0.00 |
- |
49 |
Self Help Group Loan(APL) |
12.00 |
- |
50 |
Self Help Group Loan-Kayaka -upto 5.00 Lakh |
0.00 |
- |
51 |
Self Help Group Loan-Kayaka Above 5 Lakh |
4.00 |
- |
52 |
Joint Liability Group Loan |
12.00 |
- |
|
Staff Loans |
||
53 |
Overdraft (Staff) |
10.00 |
- |
54 |
Personal (Staff) |
11.00 |
- |
55 |
Vehcile (Staff |
9.00 |
7.50 |
56 |
House Construction Loan to Staff |
- |
7.50 |
57 |
Consumer durable loan Staff |
12.00 |
|
|
Long Term Non-Agri Loans |
|
|
58 |
Building Loan (Socities) |
12.00 |
- |
59 |
Commercial Complex (Indls & Institution) |
13.50 |
11.00 |
60 |
House /Site/ Building Mortgage Loan |
11.50 |
9.25 |
61 |
Site/ Building Mortgage Loan-Institution |
11.50 |
9.75 |
62 |
House Construction Loan to Indls/ Salaried |
10.00 |
8.50 |
63 |
Other Non Agriculture |
13.00 |
11.00 |
64 |
Agri Property purchase and development-Indl |
13.50 |
- |
65 |
Agri Property purchase and development-Company |
13.50 |
- |
66 |
Tourism development loan |
- |
11.00 |
67 |
Consortium Loan |
13.50 |
- |
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. 1.7.2019)
SI NO |
|
30 TO 45 DAYS |
46 TO 90 DAYS |
91 TO 179 DAYS |
180 TO BELOW 1 YEAR |
1 YEAR TO BELOW 2 YEARS |
2 YEAR TO BELOW 3 YEARS |
ABOVE 3 YEAR YEARS |
1 |
General |
4.50% |
5.50% |
6.50% |
7.50% |
7.75% |
7.00% |
7.00% |
2 |
Senior Citizen |
5.00% |
6.00% |
7.00% |
8.00% |
8.25% |
7.50% |
7.50% |
3 |
Special Deposit Scheme for the new individual deposit of Rs 50 lakhs and above with minimum period of 1 year – 8.25% ( w.e f 01.10.2019) |
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