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05:53 AM Fri, 06 December 2019

05:53 AM Fri, 06 December 2019

Interest Rate on Loans & Advances

Base Rate 09.50% per annum
Current Overdraft Base Rate + 4.50%
Advance Against Bank’s Term Deposit
(a) Standing in the Name of the Borrower 1% above the Deposit Rate
(b) Against Bank’s Own term Deposit to Third Party  Base Rate + 0.00%
Loan Against Security of NSC / KVP / Govt. Securities Base Rate + 3.50%
Term Loan / Working Capital (Cash Credit) Base Rate + 2.50%
Personal Loan / Consumer Loan
Personal Loan/Consumer Loan to Govt/semi govt.employees
Base Rate + 5.00%
Base Rate + 5.00%
Three Wheeler / Scooter / Motor Cycle / Light Vehicle Base Rate + 3.50%
Car Loans Base Rate + 1.50%
Truck & other  Heavy Vehicle
For School and Colleges

For others


Base Rate + 3.50%

Base Rate + 4.50%

Small Scale Industry
The rebate of 0.25% will be given for loan under S.S.I. category with exposure
of Rs.100 Lacs and above
Base Rate + 1.50%
Loans and Overdraft limits to Professionals Base Rate + 1.50%
Hospitals & Nursing Homes Base Rate + 2.25%
Housing & Building (Owned)
(a) Upto Rs.25.00 Lacs Base Rate + 0.00%
(b) Above Rs.25.00 Lacs to 70.00 Lacs (Maximum) Base Rate + 2.50%
(c) Purchase of Residential plot Base Rate + 3.50%
Education Institutions Base Rate + 1.50%
House & Building (Trust & Education Society) Base Rate + 1.75%
Commercial Complex – Purchase of Plot / Construction Base Rate + 3.50%
Agriculture Loan Base Rate + 1.50%
Loan Against Property
(a) Business Purpose (Upto Rs.60.00 Lacs) Base Rate + 3.25%
(b) General Purpose (Upto Rs.60.00 Lacs) Base Rate + 3.50%
Higher Education Loan Base Rate + 1.50%
 Special Housing Loan for Purchase of Plot/House for Low income group                       9.00%
Hotel & tourism Industries Base Rate + 3.00%
Development of Housing Project Base Rate + 3.25%
Gold Loan Base Rate + 3.50%

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