INTEREST RATES ON ADVANCES ( Linked with BPLR W.E.F. 01.05.2017)Present BPLR is 12.50%

Sr.No.

Type of Advances

Interest rates Linked with BPLR

Effective Rate of Interest

1

 

AGRICULTURE

A

Short Term (KCC etc.)

 

(i)

Up to Rs 50000/-

BPLR -1.50%

11.00

(ii)

Above Rs 0.50lac to Rs 2.00lac.

BPLR -0.50%

12.00

(iii)

Above Rs 2.00lac to Rs.3.00lac

BPLR

12.50

(iv)

Above Rs 3.00 lac.to Rs.5.00 lac

BPLR

12.50

(v)

Above Rs 5.00 lac.to Rs.10.00 lac

BPLR

12.50

(vi)

Above Rs 10.00 lac.to Rs.25.00 lac

BPLR

12.50

(vii)

Above Rs 25.00 lac

BPLR

12.50

B

 

Medium / Long Term (Including Allied activities & Indirect Agri. loans)

(i)

Up to Rs 50000/-

BPLR -1.50%

11.00

(ii)

Above Rs 0.50lac to Rs 2.00lac.

BPLR -1.50%

11.00

(iii)

Above Rs 2.00lac to Rs.3.00lac

BPLR -0.50%

12.00

(iv)

Above Rs 3.00 lac.to Rs.5.00 lac

BPLR -0.50%

12.00

(v)

Above Rs 5.00 lac.to Rs.10.00 lac

BPLR -0.50%

12.00

(vi)

Above Rs 10.00 lac.to Rs.25.00 lac

BPLR -1.00%

11.50

(vii)

Above Rs 25.00 lac

BPLR -1.00%

11.50

C

Farm Mechanisation (Tractor & other Agricultural implements)

As per 1.B above

As per 1.B above

D

Krishak Vahan

 

(i)

Two Wheeler

As per 1.B above

As per 1.B above

(ii)

Two -wheeler / Jeep / Multiutility Vehicle

BPLR -2.50%

10.00

E

Krishak Mitra Yojana (Debt Swap Scheme)

BPLR -0.50%

12.00

F

Saral Krishi Yojana

 

(i)

Term Loan

BPLR -1.50%

11.00

(ii)

Overdraft

BPLR -0.50%

12.00

2

 

Non Farm Sector

(i)

Up to Rs 50000/-

BPLR -1.50%

11.00

(ii)

Above Rs 0.50lac to Rs 2.00lac.

BPLR -1.00%

11.50

(iii)

Above Rs 2.00lac to Rs.5.00lac

BPLR -1.00%

11.50

(iv)

Above Rs 5.00 lac to Rs.25.00lac.

BPLR -1.00%

11.50

(v)

Above Rs 25.00 lac.

BPLR -1.50%

11.00

3

 

Saral Vypar

(i)

Up to Rs 50000/-

BPLR -1.50%

11.00

(ii)

Above Rs 0.50lac to Rs 2.00lac.

BPLR -1.00%

11.50

(iii)

Above Rs 2.00lac to Rs.5.00lac

BPLR -1.00%

11.50

(iv)

Above Rs 5.00 lac

BPLR -1.50%

11.00

4

Premium Saral Vyapar

BPLR -2.00%

10.50

5

Loan Against Ware house receipts* (Intt.rate excluding Collateral Management(CMA) charges

BPLR -3.00%

9.50

6

 

SHGs.

(i)

Up to Rs 50000/-

BPLR

12.50

(ii)

Above Rs 0.50lac to Rs 2.00lac.

BPLR

12.50

(iii)

Above Rs 2.00lac

BPLR

12.50

7

General Credit Card

BPLR + 0.50%

13.00

8

 

Vehicle Loan (Public)

(i)

Four wheeler

a.

If CIBIL score 760 & above

BPLR -3.50%

9.00

b.

If CIBIL score 725 & above but less than 760

BPLR -3.00%

9.50

c.

If CIBIL score 675 & above but less than 725

BPLR -2.00%

10.50

d.

If CIBIL score (-1) or (0) and Gross Monthly Income Rs.40000/- and above

BPLR -3.50%

9.00

e.

If CIBIL score (-1) or (0) and Gross Monthly Income less than Rs.40000/-

BPLR -3.00%

9.50

(ii)

Four wheeler (Old)

BPLR -2.00%

10.50

(iii)

Two Wheeler

BPLR +0.50%

13.00

9

 

Housing Loan (Public)

(i)

If CIBIL score 760 & above

BPLR -4.00%

8.50

(ii)

If CIBIL score 725 & above but less than 760

BPLR -3.50%

9.00

(iii)

If CIBIL score 675 & above but less than 725

BPLR -3.25%

9.25

(iv)

If CIBIL score (-1) or (0) and Gross Monthly Income Rs.40000/- and above

BPLR -4.00%

8.50

(v)

If CIBIL score (-1) or (0) and Gross Monthly Income less than Rs.40000/-

BPLR -3.50%

9.00

10

 

Housing Repairing/ Renovation (Public)

 

(i)Repayment Period upto 5 Years

BPLR -2.50%

10.00

 

(ii)Repayment Period >5 Years upto 10 Years

BPLR -2.50%

10.00

 

(iii)Repayment Period >10 Years

BPLR -2.50%

10.00

11

 

Education Loans

(i)

Uptors. 2.00 lac.

BPLR +0.25%

12.75

(ii)

Above Rs.2.00lac. To Rs. 4.00 lac.

BPLR +0.25%

12.75

(iii)

Above Rs.4.00lac. To Rs. 7.50 lac.

BPLR +0.25%

12.75

(iv)

Above Rs. 7.50 lac.

BPLR -1.75%

10.75

12

 

Advances Against Property (Term Loan/Overdraft)

(i)

Sampatti

a.

If CIBIL score 760 & above

BPLR -0.50%

12.00

b.

If CIBIL score 625 & above but less than 760 or (-1) or (0)

BPLR +0.50%

13.00

(ii)

Premium Sampatti

a.

If CIBIL score 760 & above

BPLR -1.50%

11.00

b.

If CIBIL score 625 & above but less than 760 or (-1) or (0)

BPLR -0.50%

12.00

13

 

PERSONAL/CONSUMER LOAN

(i)

Sulabh Rin

a.

If CIBIL score 760 & above

BPLR -0.50%

12.00

b.

If CIBIL score 625 & above but less than 760 or (-1) or (0)

BPLR +0.50%

13.00

(ii)

Premium Sulabh Rin

a.

If CIBIL score 760 & above

BPLR -1.50%

11.00

b.

If CIBIL score 625 & above but less than 760 or (-1) or (0)

BPLR -0.50%

12.00

14

Top Up Loan

BPLR – 2.00%

10.50

15

Loan Against Future Rent receivable

BPLR

12.50

16

 

Loan to Doctors

(i)

If Collateral Security available

BPLR -1.50%

11.00

(ii)

If Collateral Security available

BPLR -0.50%

12.00

17

Loan to Real Estate

BPLR + 1.00%

13.50

18

 

Against NSC / KVP / LIC

(i)

For Public

BPLR -0.50%

12.00

(ii) (a)

Bank Staff- KVP/LIC

BPLR -1.50%

11.00

(ii)(b)

Bank Staff- against- NSC

-

1.00% additional over the NSC Intt.rate

19

 

Against Bank’s own Deposits

(i)

For Public (Term loan / Overdraft)

-

1.00% additional over deposit rate

(ii)

For Staff : (a) Upto Rs.3.00 lacs

-

1% additional over deposit Rate

(b) Above Rs.3.00 lacs

-

1.00% additional over deposit rate

(iii)

Against Third party Deposit

-

2.00% additional over deposit rate

20

Temprary overdraft

BPLR + 2.50%

15.00

NOTE :1. Interest on eligible limit of crop loan/production loans upto Rs. 3.00 lacs will be charged @ 7% p.a., subject to availability of interest subvention to Bank from GoI on such loans, otherwise as per Bank’s norms