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)