Interest Rates
Deposit scheme interest rates w.e.f. 24-July-2023
| Interest Rate For Term Deposit | |||||
|---|---|---|---|---|---|
| Term Deposit | General | Co-op Societies and Trust | Senior Citizen | Widow | Handicapped/ Blind |
| 15 Days To 45 Days | 4.25 % | 4.50% | 4.25 % | 4.00 % | 4.00 % |
| 46 Days To 90 Days | 4.75 % | 4.75% | 4.75 % | 4.25 % | 4.25 % |
| 91 Days To 180 Days | 5.25 % | 5.25 | 5.25 % | 4.75 % | 4.75 % |
| 181 Days To 12 Months | 6.25 % | 6.00 % | 6.75 % | 5.50 % | 5.50 % |
| 12 Months & 1 day to 15 Months | 6.75 % | 7.00 % | 7.25 % | 7.00 % | 7.00 % |
| 15 Months only | 7.50 % | 8.00 % | 8.00 % | 8.00 % | 8.00 % |
| Above 15 Months & 1 day | 6.75 % | 6.25 % | 7.25 % | 6.25 % | 6.25 % |
| Saving Account Interest rate | 2.75% | - | 2.75% | 2.75% | 2.75% |
Interest rates on loans
Loans scheme interest rates w.e.f. 01-June-2022
| Amount of Debt | Details | Interest Rate |
|---|---|---|
| Term Loan | Rs. Up to 25 lakhs | 10.50% |
| Rs. 25.01 to Rs. Up to 100.00 lakhs | 11.25% | |
| Rs. 100.00 lakhs & Above | 11% | |
| Doctor, Engineer, CA, Architect | 10.50% | |
| Daily repayment plan | Buying and selling goods for small businesses | 12% |
| Loans to builders | 14% | |
| C.R.E. | 14% | |
| Educational Institutions, Charities, Hospitals, Restaurants For unconventional energy generation Rent Discounting Loans Mortgage loan of Ware-House receipt |
Up to Rs. 25.00 lakhs | 10.50% |
| Rs.25 Lakh to Rs.100.00 lakhs | 11.25% | |
| Above Rs.100.00 lakhs | 11% | |
| Educational loan | 12% | |
| Gold Mortgage Loan | Up to Rs. 2.00 lakhs | 9% |
| Above Rs.2.00 lakhs | 10% | |
| Personal Loan | Doctor, Engineer, CA, Architect up to Rs. 5.00 lakhs | 10.50% |
| Salary to be deposited in your bank | 13.50% | |
| If there is collateral | 13.50% | |
| Salary for non-deposit in your bank / For all other customers | 14.50% | |
| For Businesses (Daily Repayment Plan) | 12% | |
| Auto Mortgage Loan | For Personal Use | 8.75% |
| For Commercial use | 8.75% | |
| Older vehicles | 11% | |
| Home Loan | Flats up to Rs. 25.00 lakhs Purchase (priority) | 7% |
| 25.00 to Rs. 35.00 lakhs Purchase (priority) | 8% | |
| Up to Rs. 10.00 lakhs for urban repairs in urban areas | 8% | |
| Up to Rs. 6.00 lakhs for rural repairs in rural areas | 8% | |
| Up to Rs. 25.00 lakhs (Non Priority) | 9% | |
| Above Rs. 25.00 lakhs (Non priority) | 9% | |
| Cash Credit | Up to Rs. 25.00 lakhs | 10.50% |
| Rs. 25.01 to Rs. 100.00 lakhs | 11.25% | |
| Above Rs.100.00 lakhs | 11% | |
| Doctor, Engineer, CA, Architect up to Rs. 5.00 lakhs | 10.50% |