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Interest Rates on Advances

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Interest Rates on Advances

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

AGRICULTURE

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

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

Farm Mechanisation (Tractor & other Agricultural implements)

As per 1.B above

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%

Krishak Vahan

(i)

Two Wheeler

BPLR -1.15%

12.45

(ii)

Four - wheeler / Jeep / Multiutility Vehicle

BPLR -2.65%

10.95

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

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

Krishak Mitra Yojana (Debt Swap Scheme)

BPLR -0.65%

12.95

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

Scheme for financing to units enganged in Food and Agro Processing Activities

BPLR -3.65%

9.95

Saral Krishi Yojana

(i)

Term Loan

BPLR -1.40%

12.20

(ii)

Overdraft

BPLR -0.40%

13.20

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

Saral Vypar

BPLR -2.45%

11.15

Premium Saral Vyapar

BPLR -2.95%

10.65

Loan Against Ware house receipts* (Int rate to be charged on monthly basis, excluding Collateral Management(CMA) charges

BPLR -3.75%

9.85

SHGs/JLGs

BPLR -0.25%

13.35

General Credit Card

BPLR + 0.25%

13.85

Vehicle Loan (Public)

(i)

Apna Vahan Rin Yojna-New Vehicle (For Individuals)

If CIBIL score 771 & above

BPLR -4.20%

9.40

If CIBIL score 726 & above but less than 771

BPLR -3.95%

9.65

If CIBIL score 701 & above but less than 726

BPLR -3.45%

10.15

If CIBIL score 650 & above but less than 701

BPLR -2.35%

11.25

If CIBIL score 625 & above but less than 650

BPLR -1.30%

12.30

If CIBIL score (-1) but they are government employee having salary account with our bank

BPLR -4.20%

9.40

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.

Housing Loan (Public)/ Housing Repairing/Renovation

If CIBIL score 800 & above

Govt. Emp. having salary account with our Bank	BPLR -5.20%	8.40
All others	BPLR -5.15%	8.45

If CIBIL score 751 & above but less than 800

Govt. Emp. having salary account with our Bank	BPLR -4.95%	8.65
All others	BPLR -4.90%	8.70

If CIBIL score 726 & above but less than 751

Govt. Emp. having salary account with our Bank	BPLR -4.65%	8.95
All others	BPLR -4.60%	9.00

If CIBIL score 701 & above but less than 726

Govt. Emp. having salary account with our Bank	BPLR -4.00%	9.60
All others	BPLR -3.95%	9.65

If CIBIL score 625 & above but less than 701

Govt. Emp. having salary account with our Bank	BPLR -2.90%	10.70
All others	BPLR -2.85%	10.75

If CIBIL score (-1)

Govt. Emp. having salary account with our Bank	BPLR -4.35%	9.25
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 8.40% after above applicable concession

Svachhata Yojna (WASH Scheme)

BPLR -2.25%

11.35

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.

Advances Against Property (Term Loan/Overdraft)

(i)

Sampatti Rin Yojna

If CIBIL score 726 & above

BPLR -0.40%

13.20

If CIBIL score 625 & above but less than 726 or (-1) or (0)

BPLR +0.60%

14.20

(ii)

Premium Sampatti Rin Yojna

If CIBIL score 726 & above

BPLR -1.40%

12.20

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.

PERSONAL/CONSUMER LOAN

(i)

Sulabh Rin Yojna

If CIBIL score 726 & above

BPLR -0.65%

12.95

If CIBIL score 625 & above but less than 726 or (-1) or (0)

BPLR +0.35%

13.95

(ii)

Premium Sulabh Rin Yojna

If CIBIL score 800 & above

BPLR -2.90%

10.70

If CIBIL score 726 & above but less than 800 or (-1)

BPLR -2.40%

11.20

If CIBIL score 625 & above but less than 726

BPLR -1.40%

12.20

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.

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.

Loan to Doctors

(i)

If Collateral Security available

BPLR -2.25%

11.35

(ii)

If Collateral Security Not available

BPLR -1.25%

12.35

Loan to Real Estate

BPLR + 0.75%

14.35

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

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

Temprary overdraft

BPLR + 2.25%

15.85

Gold Loan

(i)

Agri Gold Loan

Rs 50,001 to 3 Lac

BPLR -4.55%

9.05

Above 3 Lac to Rs 10 Lac

BPLR -4.30%

9.30

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

GECL

BPLR -4.35%

9.25

Agri Infra Fund

BPLR -4.60%

9.00

Indira Gandhi Shahri Credit Card Yojna

BPLR -3.60%

10.00

Vehicle Loan to BRKGB Pensioners [Ex-Staff] - LA241

0.25% less than ROI applicable in Apna Vahan Loan Scheme

BRKGB Pensioners [Ex-Staff] Personal Loan Scheme - LA239

BPLR -2.00%

11.60%

BRKGB Personal Loan Scheme for Public Pensioners

BPLR -1.50%

12.10%