Interest Rates

The details showing the Current Lending Rate of Interest  and the  fixed deposit rates of the BANK

Sl.No.

Types of Loan

Yearly

 

EMI

 

Short Term  Agriculture

 

 

1

KCC Loan  (Soc) -Subsidy

7.00

-

2

KCC Loan Non-Subsidy  (Soc)

9.25

-

3

KCC Loan- Individuals-Above 5 lakh

9.50

-

 

Short term non-agri Agriculture

 

4

Cash credit Loan (CC II, IV)-soc

8.00

-

5

Cash credit Loan (CC  IIa-Food grain )-soc

8.50

-

6

Cash credit Loan (CC I -Dialy business)

8.00

-

7

Marketing Finance (Socities)-Coffee

9.50

-

8

Marketing Finance (Socities)-Paddy

9.50

-

9

Overdraft Loans - Individuals

10.00

-

10

Pigmy deposit surety  Loan - Individuals

11.00

-

11

Jewel Loan:

 

Non-Agriculture

8.50

-

 

Agriculture

7.50

-

12

Jewel Loan  Instant-90 days

11.00

-

13

Jewel Loan  Instant-180 days

10.00

-

14

Jewel Loan  Overdraft

10.00

-

15

Surity loan individual (Farmers)

10.00

-

16

Badavara Bandhu loan

10.00

-

17

Mudra

11.00

-

18

Agri Allied activities(Govt non subsidy)

9.5 0

-

19

Loan on N.S.C /K.V.P/ I.V.P/LIC bond Indiv

12.00

-

20

Loan on N.S.C /K.V.P/ I.V.P/LIC bond Staff

12.00

-

21

Pigmy Deposit Loan

10.00

-

 

As per State Govt. Interest Subsidy Rate -MT Agri & ST others

22

Farm Mechanisation

8.90

-

23

Farm Pond Loan

8.90

-

24

Sprinkler Loan

8.90

-

25

Coffee Drying yard and Godown

8.90

-

26

Coffee Pulper

8.90

-

27

Farm house loan

8.90

-

28

Floriculture  Loan

8.90

-

29

Dairy Develepment/Piggery/Poultry/Sheep Rearing

8.90

-

30

Green/Poly House

8.90

-

31

Agri M.T. Loan Non Subsidy

9.50

-

32

Pashu Bhagya (Govt subsidies)

11.00

-

33

Pashu Bhagya -Non subsidy)

10.00

-

34

Fisheries (Govt subsidies)

10.00

-

 

Medium Term Non-Agri  Loans

35

Medium Term Loans   (Societies)

10.00

-

36

PACS as MSC by NABARD

11.00

-

37

MSC Loan to societies by bank

8.00

-

38

Personal Loan (Salary) - Individuals

10.00

-

39

Personal Loan (Salary) - Private sector (anganvadi)

10.00

-

40

Vehicle  (Gen)-WEF 01.05.2017

9.00

8.00

41

Vehicle Loan (Hire  Auto & other vehicle)

-

8.50

42

Pick-up loan  agri

7.50

-

43

Diesel Generator

10.00

-

44

Agri Allied activities(Govt non subsidy)

9.50

-

45

Solar Loan

10.00

9.00

 

SHG & JLG Loans

46

Self Help Group Loan (Soc)

10.00

-

47

Self Help Group Loan(BPL) -Gents

4.00

-

48

Self Help Group Loan(BPL)-Ladies

0.00

-

49

Self Help Group Loan(APL)

12.00

-

50

Self Help Group Loan-Kayaka -upto 5.00 Lakh

0.00

-

51

Self Help Group Loan-Kayaka Above 5 Lakh

4.00

-

52

Joint Liability Group Loan

10.50

-

 

Staff Loans

53

Overdraft (Staff)

8.50

-

54

Personal (Staff)

9.00

-

55

Vehcile (Staff

8.00

7.50

56

House Construction Loan to Staff

-

6.50

57

Consumer durable loan Staff

12.00

 

Long Term Non-Agri Loans

 

 

58

Building Loan (Socities)

10.00

-

59

Commercial Complex (Indls)

10.00

8.00

60

Commercial Complex (Institution)

11.00

9.50

61

House /Site/ Building Mortgage Loan

10.00

8.50

62

Site/ Building Mortgage Loan-Institution

11.00

9.00

63

House Construction Loan to Indls/ Salaried

9.00

7.50

64

LT – General Purpose

10.00

8.50

65

Agri Property purchase and development-Indl

10.50

-

66

Agri Property purchase and development-Company

11.00

-

67

Tourism development loan

-

10.00

68

Consortium Loan

13.50

12.00

69

Site/House /Building Purchase Loan –Ind

10.00

8.50

70

Second  hand vehicle loan –Ind

9.00

8.00

 

 

Note: 1)All  loans   except   agriculture  loans have to be bear 2% penal  interest on installment if the loan falls overdue.

             2)Rate of interest charged on all govt interest subsidy schemes is as per GOK order.


FIXED DEPOSIT INTEREST RATE (W.E.F. 13.10.2020)

SI NO

 

30 TO 90 DAYS

91  TO  180 DAYS

181 TO 364 DAYS

365 Days

Above 366 Days

1

General

4.00%

5.00%

5.50%

6.00%

5.75%

2

Senior Citizen

4.50%

5.50%

6.00%

6.50%

6.25%

3

Special Deposit Scheme for the new individual deposit of Rs 50 lakhs and above with minimum period of 1 year – 6.50%