INTEREST RATES ON ADVANCES ( Linked with BPLR W.E.F. 10.10.2016)Present BPLR is 14.50%

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 -3.50%

11.00

(ii)

Above Rs 0.50lac to Rs 2.00lac.

BPLR -2.50%

12.00

(iii)

Above Rs 2.00lac to Rs.3.00lac

BPLR -2.00%

12.50

(iv)

Above Rs 3.00 lac.to Rs.5.00 lac

BPLR -2.00%

12.50

(v)

Above Rs 5.00 lac.to Rs.10.00 lac

BPLR -2.00%

12.50

(vi)

Above Rs 10.00 lac.to Rs.25.00 lac

BPLR -2.00%

12.50

(vii)

Above Rs 25.00 lac

BPLR -2.00%

12.50

B

 

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

(i)

Up to Rs 50000/-

BPLR -2.50%

12.00

(ii)

Above Rs 0.50lac to Rs 2.00lac.

BPLR -2.50%

12.00

(iii)

Above Rs 2.00lac to Rs.3.00lac

BPLR -1.50%

13.00

(iv)

Above Rs 3.00 lac.to Rs.5.00 lac

BPLR -1.50%

13.00

(v)

Above Rs 5.00 lac.to Rs.10.00 lac

BPLR -1.50%

13.00

(vi)

Above Rs 10.00 lac.to Rs.25.00 lac

BPLR -2.00%

12.50

(vii)

Above Rs 25.00 lac

BPLR -2.00%

12.50

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 -4.50%

10.00

E

Krishak Mitra Yojana (Debt Swap Scheme)

BPLR -2.50%

12.00

F

Saral Krishi Yojana

 

(i)

Term Loan

BPLR -2.50%

12.00

(ii)

Overdraft

BPLR -0.50%

14.00

2

 

Non Farm Sector

(i)

Up to Rs 50000/-

BPLR -2.50%

12.00

(ii)

Above Rs 0.50lac to Rs 2.00lac.

BPLR -2.00%

12.50

(iii)

Above Rs 2.00lac to Rs.5.00lac

BPLR -2.00%

12.50

(iv)

Above Rs 5.00 lac to Rs.25.00lac.

BPLR -2.00%

12.50

(v)

Above Rs 25.00 lac.

BPLR -2.00%

12.50

3

 

Saral Vypar

(i)

Up to Rs 50000/-

BPLR -2.50%

12.00

(ii)

Above Rs 0.50lac to Rs 2.00lac.

BPLR -2.00%

12.50

(iii)

Above Rs 2.00lac to Rs.5.00lac

BPLR -2.00%

12.50

(iv)

Above Rs 5.00 lac

BPLR -2.50%

12.00

4

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

BPLR -4.00%

10.50

5

 

SHGs.

(i)

Up to Rs 50000/-

BPLR -2.00%

12.50

(ii)

Above Rs 0.50lac to Rs 2.00lac.

BPLR -2.00%

12.50

(iii)

Above Rs 2.00lac

BPLR -2.00%

12.50

6

General Credit Card

BPLR -0.50%

14.00

7

 

Vehicle Loan (Public)

(i)

Four wheeler

BPLR -4.90%

9.60

(ii)

Four wheeler (Old)

BPLR -4.00%

10.50

(iii)

Two Wheeler

BPLR -1.50%

13.00

8

 

Housing Loan (Public)

 

(i)Upto Rs.10.00 Lac

BPLR -4.85%

9.65

 

(ii)Above Rs.10.00 Lac

BPLR -5.00%

9.50

9

 

Housing Repairing/ Renovation (Public)

 

(i)Repayment Period upto 5 Years

BPLR -4.00%

10.50

 

(ii)Repayment Period >5 Years upto 10 Years

BPLR -4.00%

10.50

 

(iii)Repayment Period >10 Years

BPLR -4.00%

10.50

10

 

Education Loans

(i)

Uptors. 2.00 lac.

BPLR -1.75%

12.75

(ii)

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

BPLR -1.75%

12.75

(iii)

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

BPLR -1.75%

12.75

(iv)

Above Rs. 7.50 lac.

BPLR -1.75%

12.75

11

 

Advances Against Property (Term Loan/Overdraft)

(i)

Sampatti

BPLR

14.50

(ii)

Premium Sampatti

BPLR -1.00

13.50

12

 

PERSONAL/CONSUMER LOAN

(i)

Sulbh

BPLR +0.50

15.00

(ii)

Premium Sulbh

BPLR -1.50

13.00

13

 

Against NSC / KVP / LIC

(i)

For Public

BPLR -0.50%

14.00

(ii) (a)

Bank Staff- KVP/LIC

BPLR -1.00%

13.50

(ii)(b)

Bank Staff- against- NSC

-

1.00% additional over the NSC Intt.rate

14

 

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

15

Temprary overdraft

-

maximum intt.rates+2%

NOTE :1. Interest on 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