Interest Rates on Advances

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INTEREST RATES ON ADVANCES ( Linked with BPLR) Present BPLR is 13.60%

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

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 -1.40%
12.20
(ii)
Above Rs 0.50lac to Rs 2.00lac.
BPLR -0.40%
13.20
(iii)
Above Rs 2.00lac to Rs 10.00lac.
BPLR +0.10%
13.70
(iv)
Above Rs 10.00lac
BPLR -0.65%
12.95
(iv)
For Loan againts Warehouse Receipt-Demand Loan for 12 months (*int Rate to be charged on yearly basis excluding Collatral Management Agency (CMA) charge
BPLR -3.40%
10.20
B
Medium / Long Term (Including Allied activities)
(i)
Up to Rs 2.00 Lac/-
BPLR -2.15%
11.45
(ii)
Above Rs 2.00lac.
BPLR -1.65%
11.95
C
Farm Mechanisation (Tractor & other Agricultural implements)
As per 1.B above
As per 1.B above
D
New Tractor Loan Scheme
LA254 - Agriculture Use
LTV
ROI
Above 80% and upto 85%
14.50%
Above 70% and upto 80%
14.00%
Above 60% and upto 70%
13.00%
Above 50% and upto 60%
12.50%
upto 50%
12.25%
LA250 - Commercial Use
LTV
ROI
Above 60% and upto 70%
13.00%
Above 50% and upto 60%
12.50%
upto 50%
12.25%
E
Krishak Vahan
 
(i)
Two Wheeler
BPLR -1.15%
12.45
(ii)
Four - wheeler / Jeep / Multiutility Vehicle
BPLR -2.65%
10.95
F
Loan for Custom hiring Center, Agri-Clinic and Agri-Business Center
(i)
For Term Loan
(i)
Up to Rs 2 Lac
BPLR -2.15%
11.45
(ii)
Above Rs 2 Lac
BPLR -1.65%
11.95
(ii)>
For Cash Credit Limit (On monthly basis)
BPLR -2.75%
10.85
(iii)
For Loan againt warehouse Receipt (*Int rate to be charged on yearly basis, exluding Collateral Management Agency (CMA) charge)
BPLR -3.75%
9.85
G
Loan for Farmer Producer Organisations (FPOs)
(i)
For Term Loan
(i)
Up to Rs 2 Lac
BPLR -2.65%
10.95
(ii)
Above Rs 2 Lac
BPLR -2.15%
11.45
(ii)>
For Cash Credit Limit (On monthly basis)
BPLR -2.25%
11.35
(iii)>
For Loan againt warehouse Receipt (*Int rate to be charged on yearly basis, exluding Collateral Management Agency (CMA) charge)
BPLR -3.75%
9.85
H
Krishak Mitra Yojana (Debt Swap Scheme)
BPLR -0.65%
12.95
I
PM KUSUM Yojna
(i)
For Loan period upto Rs 5 Years
BPLR -2.90%
10.70
(ii)
For Loan period > 5 years upto 10 Years
BPLR -2.85%
10.75
(ii)
For Loan period > 10 Years
BPLR -2.05%
11.55
J
Scheme for financing to units enganged in Food and Agro Processing Activities
BPLR -3.65%
9.95
K
Saral Krishi Yojana
 
(i)
Term Loan
BPLR -1.40%
12.20
(ii)
Overdraft
BPLR -0.40%
13.20
2
Non Farm Sector (i.e Loan under BRKGB loan for Non-Agriculture Activities, SME Loan Scheme, SRTO, Artizen Credit Card, Swarojgar Credit Card etc.)
(i)
Up to Rs 2.00 lac (not linked with SME internal Credit Reting
BPLR -2.25%
11.35
(ii)
above Rs 2.00lac.
(i)
For SME Internal Credit Rating A1 to A3
BPLR -2.75%
10.85
(ii)
For SME Internal Credit Rating B1 & B2
BPLR -2.25%
11.35
(ii)
For SME Internal Credit Rating B3
BPLR -1.75%
11.85
(iv)
For SME Internal Credit Rating C1 and below
BPLR -1.25%
12.35
3
Saral Vypar
BPLR -2.45%
11.15
4
Premium Saral Vyapar
BPLR -2.95%
10.65
5
Loan Against Ware house receipts* (Int rate to be charged on monthly basis, excluding Collateral Management(CMA) charges
BPLR -3.75%
9.85
6
SHGs/JLGs
BPLR -0.25%
13.35
7
General Credit Card
BPLR + 0.25%
13.85
8
Vehicle Loan (Public)
(i)
Apna Vahan Rin Yojna-New Vehicle (For Individuals)
a.
If CIBIL score 771 & above
BPLR -4.20%
9.40
b.
If CIBIL score 726 & above but less than 771
BPLR -3.95%
9.65
b.
If CIBIL score 701 & above but less than 726
BPLR -3.45%
10.15
c.
If CIBIL score 650 & above but less than 701
BPLR -2.35%
11.25
d.
If CIBIL score 625 & above but less than 650
BPLR -1.30%
12.30
f.
If CIBIL score (-1) but they are government employee having salary account with our bank
BPLR -4.20%
9.40
g.
If CIBIL score (-1) for all others (i.e other than govt. salary account holder with our bank
BPLR -3.95%
9.65
(ii).
For Corporate (New Car)
BPLR -4.15%
9.45
(iii)
Apna Vahan Rin Yojna (For Old vechicle) for individuals and corporates
BPLR -2.75%
10.85
(iv)
Two Wheeler
BPLR -1.25%
12.35
Fixed rate of interest under Vehicle Loan Scheme shall be 2.00% over and above applicable floating ROI as indicated in above table.
9
Housing Loan (Public)/ Housing Repairing/Renovation
a.
If CIBIL score 800 & above
Govt. Emp. having salary account with our Bank
BPLR -5.15%
8.45
All others
BPLR -5.15%
8.45
b.
If CIBIL score 751 & above but less than 800
Govt. Emp. having salary account with our Bank
BPLR -4.90%
8.70
All others
BPLR -4.90%
8.70
c.
If CIBIL score 726 & above but less than 751
Govt. Emp. having salary account with our Bank
BPLR -4.60%
9.00
All others
BPLR -4.60%
9.00
d.
If CIBIL score 701 & above but less than 726
Govt. Emp. having salary account with our Bank
BPLR -3.95%
9.65
All others
BPLR -3.95%
9.65
e.
If CIBIL score 625 & above but less than 701
Govt. Emp. having salary account with our Bank
BPLR -2.85%
10.75
All others
BPLR -2.85%
10.75
f.
If CIBIL score (-1)
Govt. Emp. having salary account with our Bank
BPLR -4.30%
9.30
All others
BPLR -4.30%
9.30
Fixed rate of interest under Housing Loan Scheme shall be 2.00% over and above applicable floating ROI as indicated in above table.
Additional ROI concession 0.05% for woman applicant who is owner [Jointly or Single] of proposed security.
Additional ROI concession 0.05% for obtaining GCLI
Kindly note that applicable ROI will be not less than 8.30% after above applicable concession
10
Svachhata Yojna (WASH Scheme)
BPLR -2.25%
11.35
11
Education Loans (Public)
(iii)
Upto Rs. 7.50 lac.
BPLR -0.75%
12.85
(iv)
Above Rs. 7.50 lac.
BPLR -2.00%
11.60
Fixed rate of interest under Education Loan Scheme shall be 2.00% over and above applicable floating ROI as indicated in above table.
12
Advances Against Property (Term Loan/Overdraft)
(i)
Sampatti Rin Yojna
a.
If CIBIL score 726 & above
BPLR -0.40%
13.20
b.
If CIBIL score 625 & above but less than 726 or (-1) or (0)
BPLR +0.60%
14.20
(ii)
Premium Sampatti Rin Yojna
a.
If CIBIL score 726 & above
BPLR -1.40%
12.20
b.
If CIBIL score 625 & above but less than 726 or (-1) or (0)
BPLR -0.40%
13.20
Fixed rate of interest under Advance against property Loan Schemes shall be 2.00% over and above applicable floating ROI as indicated in above table.
13
PERSONAL/CONSUMER LOAN
(i)
Sulabh Rin Yojna
a.
If CIBIL score 726 & above
BPLR -0.65%
12.95
b.
If CIBIL score 625 & above but less than 726 or (-1) or (0)
BPLR +0.35%
13.95
(ii)
Premium Sulabh Rin Yojna
a.
If CIBIL score 800 & above
BPLR -2.90%
10.70
a.
If CIBIL score 726 & above but less than 800 or (-1)
BPLR -2.40%
11.20
b.
If CIBIL score 625 & above but less than 726
BPLR -1.40%
12.20
14
Top Up Loan
BPLR -3.25%
10.35
Fixed rate of interest under Personal Loan Scheme shall be 2.00% over and above applicable floating ROI as indicated in above table.
15
Loan Against Future Rent receivable
(i)
Fou our Bank's Branch Building owners
BPLR -2.25%
11.35
(ii)
For others
BPLR -1.75%
11.85
Fixed rate of interest under Loan Against Future Rent receivable Loan Scheme shall be 2.00% over and above applicable floating ROI as indicated in above table.
16
Loan to Doctors
(i)
If Collateral Security available
BPLR -2.25%
11.35
(ii)
If Collateral Security Not available
BPLR -1.25%
12.35
17
Loan to Real Estate
BPLR + 0.75%
14.35
18
Against NSC / KVP / LIC
(i)
For Public
BPLR -1.75%
11.85
(ii)
Bank Staff- KVP/LIC
BPLR -2.75%
10.85
(ii)
Bank Staff- against- NSC
-
1.00% additional over the NSC Intt.rate
19
Against Bank’s own Deposits
(i)
For Public and Staff
-
1.00% additional over deposit rate
(iii)
Against Third party Deposit
-
2.00% additional over deposit rate
20
Temprary overdraft
BPLR + 2.25%
15.85
21
Gold Loan
(i)
Agri Gold Loan
a.
Rs 50,001 to 3 Lac
BPLR -4.55%
9.05
b.
Above 3 Lac to Rs 10 Lac
BPLR -4.30%
9.30
c.
Above 10 Lac to Rs 15 Lac
BPLR -4.05%
9.55
(ii)
Retail Gold Loan
BPLR -3.05%
10.55
Fixed rate of interest under Retail Gold Loan Scheme shall be 2.00% over and above applicable floating ROI as indicated in above table.
(iii)
MSME Gold Loan
BPLR -3.05%
10.55
22
GECL
BPLR -4.35%
9.25
23
Agri Infra Fund
BPLR -4.60%
9.00
24
Indira Gandhi Shahri Credit Card Yojna
BPLR -3.60%
10.00
25
Vehicle Loan to BRKGB Pensioners [Ex-Staff] - LA241
0.25% less than ROI applicable in Apna Vahan Loan Scheme
26
BRKGB Pensioners [Ex-Staff] Personal Loan Scheme - LA239
BPLR -2.00%
11.60%
27
BRKGB Personal Loan Scheme for Public Pensioners
BPLR -1.50%
12.10%