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
8.50 %
Loan Against Security of NSC / KVP / Govt. Securities
Base Rate + 2.50%
Term Loan / Working Capital (Cash Credit)
a) Upto Rs.50 Lacs
b) Above Rs.50 LacsBase Rate +2.50%
Base Rate +1.50%
Personal Loan for all categories
Base Rate + 5.00%
Scooter / Motor Cycle
Three WheelersBase Rate + 2.50%
9.00%
Car Loans
9.00%
Truck & other Heavy Vehicle
Base Rate + 3.50%
Micro Small Medium Enterprises (MSME)
Base Rate + 1.50%
Loans and Overdraft limits to Professionals
Base Rate + 1.50%
Hospitals & Nursing Homes
Base Rate + 2.00%
Loan Against C.D.S.
Base Rate +1.50%
Housing & Building (Owned)
(a) Upto Rs.70.00 Lacs
9.00%
(c) Purchase of Residential plot
Base Rate + 3.00%
Education Institutions
Base Rate + 1.50%
Commercial Complex – Purchase of Plot / Construction
Base Rate + 3.25%
Agriculture Loan
Base Rate + 0.50%
Loan Against Property
(a) Business Purpose
Base Rate + 2.75%
(b) General Purpose
Base Rate + 3.00%
Higher Education Loan
Base Rate + 1.50%
Special Housing Loan for purchase of Plot/house for low income grout
9.00%
Hotel & tourism Industries
Base Rate + 2.50%
Development of Housing Project
Base Rate + 3.25%
Gold Loan
Base Rate + 0.40%
