Rate of Interest
| Rate of Interest on Deposits | |||
| (w.e.f. 01-04-2021) | |||
| S.N. | Time Period | Existing Rate of Intt. (per Annum) (w.e.f. 01-09-2020) | Revised Rate of Intt. (per Annum) (w.e.f. 01-04-2021) |
| 1 | 15 days and above upto 45 days | 4.50% | 4.50% |
| 2 | 46 days and above upto 90 days | 4.75% | 4.75% |
| 3 | 91 days and above upto 180 days | 5.00% | 5.00% |
| 4 | 181 days and above below 1 year | 6.25% | 6.25% |
| 5 | 1 year and above and below 2 years | 6.60% | 6.60% |
| 6 | 2 Years and Above and below 3 years | 6.60% | 6.60% |
| 7 | 3 year to less then 6 years | 6.70% | 6.60% |
| 8 | 777 days For New Depostis | 6.60% | 6.60% |
| 9 | 370 days new deposit | 6.60% | 6.60% |
| 10 | 6 years to maximum 10 years | 6.75% | 6.75% |
| 11 | For Senior Citizen (Deposit for one year & above) | 0.50% Extra | 0.50% Extra |
| 12 | Saving Deposit (To be calculated on daily product basis) | 4.00% | 4.00% |
| Rate of Interest on Deposits | |||
| (BOD-03-2021) | |||
| S.N. | Type of Advances | Existing Rate of Intt. (per Annum) (w.e.f. 01-09-2020) | Final Rate of Interest (w.e.f. 01-04-2021) |
| 1 | Housing Loans (Construction, Repairs & Renovation) | 9.00% P.A. | 8.90% P.A. |
| 2 | Education Loan | 11.00% P.A. | 10.00% P.A. |
| 3 | Cash Credit Limit | 10.50% P.A. | 10.40% P.A. |
| 4 | Cub Business | 10.50% P.A. | 10.40% P.A. |
| 5 | Vehical Loan (Four Wheeler) | —— | —— |
| (A)Vehical Loan (NEW) | 9.30% P.A. | 9.10% P.A. | |
| (B)Second Hand ( Maximum 3 Years Old) | 12.00% P.A. | 11.00% P.A. | |
| 6 | Loan to S.R.T.O. & Taxi Car, Truck, Bus etc. | —— | —– |
| (A)Upto 5 Years | 10.50% P.A. | 10.30% P.A. | |
| (B)Above 5 Years (Maximum 10 Years) | 11.00% P.A. | 10.80% P.A. | |
| 7 | E-Riksha Loan | 9.00% P.A. | 9.00% P.A. |
| 8 | Medium Term Loan | —– | —– |
| (A) Medium Term Loan(Below Rs. 25 Lakhs) | 10.50% P.A. | 10.30% P.A. | |
| (B) Medium Term Loan ( Rs. 25 Lakhs & above) | 10.30% P.A. | 10.10% P.A. | |
| 9 | Loan and Limit Against Mortgage (Other then Business) | —– | —– |
| (A) Overdraft Mortgage | 13.00% P.A. | 13.00% P.A. | |
| (B) Mortgage Loan | 13.00% P.A. | 13.00% P.A. | |
| (C) Overdraft Mortgage Business Purpose(Existing) | —– | —– | |
| (i) Below Rs. 25 Lakhs | —– | 11.50% P.A. | |
| (ii) Rs. 25 Lakhs & Above | —– | 11.20% P.A. | |
| 10 | Urban Business Support Loan/ Limit (Without Stock Insurance) | 12.00% P.A. | 11.00% P.A. |
| 11 | Urban Suvidha Loan (for Salaried Persons) | 10.50% P.A. | 11.00% P.A. |
| 12 | Personal Loan / Group Finance | —– | —– |
| (A)Personal Loan (Two Wheeler) | 16.00% P.A. | 16.00% P.A. | |
| (B) Cub Personal Loan | 16.00% P.A. | 16.00% P.A. | |
| (C)Group Finances (For Employee) | 15.00% P.A. | 15.00% P.A. | |
| 13 | Showroom & Complex Loan | 10.50% P.A. | 10.40% P.A. |
| 14 | Staff Limits/Loan | 8.00% P.A. | 7.50% P.A. |
| 15 | N.S.C., K.V.P. Loan | 12.00% P.A. | 12.00% P.A. |
| 16 | Loan Against Bank’s own Deposits | 1.00% Above Deposit Rate | 1.00% Above Deposit Rate |