Interest Rates
Interest on all types of savings accounts @3.50% p.a. on daily balance w.e.f.10/07/2023
Term Deposit Rate of Interest Effected from 09/10/2023 | ||
TENURE | GENERAL | Sr.CITIZEN |
31 days to 90 days | 5.00% | 5.50% |
91 days to 180 days | 5.50% | 6.00% |
181 days to 365 days | 6.25% | 6.75% |
Above 1 year to 2 years | 8.00% | 8.50% |
Above 2 years to 3 years | 7.25% | 7.75% |
Above 3 years to 5 years | 7.25% | 7.75% |
Low Interest Rates On Loans and Advanced Facilities.
| SI NO | TYPES OF LOAN | LOAN LIMIT | RATE OF INTEREST |
| 1 | Immovable Property Loan | Upto Rs.35.00 Lakhs | 8.50% |
| For House Purchase & Construction | Rs.35.00 Lakhs to Rs.75.00 Lakhs | 9.00% | |
| Rs.75.00 Lakhs to Rs.140.00 Lakhs | 9.50% | ||
| House Repair & Renovation | Upto Rs.10.00 Lakhs | 8.25% | |
| Site/House Purchase-Home | Upto Rs.140.00 Lakhs | 11.00% | |
| Site/House Purchase-Commercial | Upto Rs.140.00 Lakhs | 12.00% | |
| 2 | Education Loan | Upto Rs.20.00 Lakhs | 9.25% |
| Rs.20.00 Lakhs to Rs.50.00 Lakhs | 9.50% | ||
| 3 | Marriage Loan | Upto Rs.25.00 Lakhs | 10.00% |
| 4 | Vehicle Loan* | Upto Rs.50.00 Lakhs | 8.50% , 9.50% |
| 5 | Jewel Loan* | Upto Rs.20.00 Lakhs | 9.00% , 10.00% |
| 6 | Overdraft* | Upto Rs.5.00 Cr | 11.00% , 11.50% |
| 7 | Business Loan* | Upto Rs.12.00 Cr | 10.00% , 11.50% |
| 8 | Mortgage Loan* | Upto Rs.12.00 Cr | 13.00% |
| 9 | B Khatha Loans (Max. 1.00 Cr or 50 % of Guideline RS.1.00 Value of Property with Building | Upto Rs.1.00 Cr | 12.00% |
| 10 | Surety Loans | Upto Rs.2.00 Lakhs | 13.00 |
| 11 | Janatha Rental Loan | 12% per anum | |
| 12 | Gold Loan | Rs.4000/- per gram. |