Rate of Interest
| Rate of Interest on Deposits | ||||
|---|---|---|---|---|
| (BOD 23-10-2024) | (w.e.f. 01-11-2024) | |||
| S.N. | Time Period | Existing Rate of Interest (per Annum) | Revised Rate of Interest (per Annum) | |
| 1 | 15 days to 45 days | 4.50% | 4.50% | |
| 2 | 46 days to 90 days | 5.00% | 5.00% | |
| 3 | 91 days to 180 days | 5.50% | 5.50% | |
| 4 | 181 days to below 1 year | 6.50% | 6.50% | |
| 5 | 1 year to below 2 years | 7.25% | 7.25% | |
| 6 | 2 years to below 3 years | 7.50% | 7.50% | |
| 7 | 3 years to less than 6 years | 7.50% | 7.50% | |
| 8 | 6 years to 10 years | 7.50% | 7.50% | |
| 9 | For Senior Citizens | 0.50% Extra | 0.50% Extra | |
| 10 | Saving Deposit | 3.75% | 3.75% | |
| 11 | For Staff | 1% Extra | 1% Extra | |
| Rate of Interest on Advances | ||||
| S.N. | Type of Advances | Code | Existing Rate of Interest | Revised Rate of Interest |
| 1 | Housing Loans | HL | 9.50% P.A. | 9.30% P.A. |
| 2 | Education Loan | LD | 9.00% P.A. | 9.00% P.A. |
| 3 | Cash Credit Limit | CC | 11.00% P.A. | 10.00% P.A. |
| 4 | Cub Business | CB | 11.00% P.A. | 10.50% P.A. |
| 5 | Vehicle Loan (New) | 9.50% P.A. | 9.30% P.A. | |
| 6 | Second Hand Vehicle Loan (Max 3 Years Old) | 11.50% P.A. | 11.50% P.A. | |
| 7 | E-Riksha Loan | 9.00% P.A. | 9.00% P.A. | |
| 8 | Medium Term Loan | MT | 10.00% P.A. | 10.00% P.A. |
| 9 | Overdraft Mortgage | OM | 13.00% P.A. | 13.00% P.A. |
| 10 | Mortgage Loan | ML | 13.00% P.A. | 13.00% P.A. |
| 11 | Advances to Professionals | 10.00% P.A. | 10.00% P.A. | |
| 12 | Personal Loan (Two Wheeler) | PL | 18.00% P.A. | 18.00% P.A. |
| 13 | Group Finance (For Employees) | GF | 16.00% P.A. | 16.00% P.A. |
| 14 | Showroom & Complex Loan | CL | 11.00% P.A. | 11.00% P.A. |
| 15 | Staff Limits/Loan | CA | 7.50% P.A. | 7.50% P.A. |
| 16 | N.S.C., K.V.P. Loan | NS | 12.00% P.A. | 12.00% P.A. |
| 17 | Urban Solar Loan | SU | 8.50% P.A. | 8.50% P.A. |
| 18 | Loan Against Bank’s Deposits (Less than 1 Crore) | FL/OD | 1.00% Above Deposit Rate | 1.00% Above Deposit Rate |
| 19 | Loan Against Bank’s Deposits (1 Crore & Above) | FL/OD | 0.50% Above Deposit Rate | 0.50% Above Deposit Rate |