INTEREST RATE ON LOANS AND ADVANCES WEF 1-4-2009

 

1- AGRICULTURE LOANS AND ADVANCES
2 -OTHER LOANS AND ADVANCES ABOVE RS. 2 LACS
3 - OTHER SPECIFIED CATEGORIES
 

 

1- AGRICULTURE LOANS AND ADVANCES

Sl.

No.

Category of Loans/Advances

Rate of Interest

w.e.f. 1.04.2009

1.

Kisan Credit Card:

Up to Rs.3.00 lac

  9.00%

Above Rs.3.00 lac & Up to Rs.10.00 lac

13.50%

Above Rs.10.00 Lac

14.00%

2.

Kisan Tatkal Yojna

12.50%

3.

KCC to Joint Liability Groups of Tenant Farmers

10.00%

4.

Tractor/Power Triller & Combine Harvester Loan (Irrespective of Limit)

 12.50%

5.

Vehicle Loans to Agriculturists

Up to Rs.5.00 lac

 12.75%

Above Rs.5.00 lac

13.25%

6.

Self Help Groups (Short Term & Term Loans) Irrespective of quantum of loan

(i)                  SGSY

(ii)                SHG (Direct)

 

11.00%

11.50%

7.

Swarojgar / General Credit Cards

12.00%

8.

All Other Priority Sector Advances Up to Rs.2.00 lac

13.00%

2 -OTHER LOANS AND ADVANCES ABOVE RS. 2 LACS                                    Go to Top

Sl

No.

Category of Loans/Advances

 Rate of Interest

w.e.f. 1.4.2009

1.

 

AGRICULTURAL LOANS:

(A) Ag. Term Loans including Agri Clinic/ Agri Business/       Allied Activities/ Pledge Loan to Producers against       agriculture Commodities

 

14.00%

(B) Cold Storage/Construction of Rural Godown

12.25%

2.

S.S.I:

(i) S.S.I. –  Priority

(a)       W.C. Limits

    (b) Term Loan

 

14.50%

15.00%

(ii) Non Industrial (Non Priority)

     Construction/Whole Sale Trade/Business Enterprises      & all other Non Priority Sector Advances

(a)   W.C. Limit

(b)   Term Loan

 

 

14.50%

3.

(a) S.R.T.O. (Upto 10 vehicles)

      Short Term & W.C. Limit – Priority

 

14.00%

(b) S.R.T.O. (Above 10 vehicles)

      – Non Priority

 

4.

Traders/Business Enterprises/Professionals & Self Employed & Small Business including S.O.D.( All Term Loans & W.C. Limits)

 

14.50%

5.

 

House Loan to Customers

(i) Loan upto Rs.15.00 lac repayable within 5 years

 

11.00%

(ii) Upto Rs.15.00 lac repayable more than 5 years

11.50%

6.

Educational Loan

(i) Upto Rs.4.00 lac

(ii) Above Rs.4.00 lac

 

12.00%

13.00%

7.

Home Improvement Loan

13.00%

8.

Shreyas Mobile (Mobile Phone)

13.00%

 

3 - OTHER SPECIFIED CATEGORIES                                                                     Go to Top

SN NO.

Category of Loans/Advances

 Rate of Interest

w.e.f. 10.07.2008

1.

Loan to qualified Medical Practitioners

(Shreyas Jeevan Rekha)

13.00%

2.

Teachers’ Loan

12.25%

3.

Loans to Salaried Class (Shreyas Budget)

14.00%

4.

Personal Vehicle Loans (LHV) for 2 wheelers &

4 wheelers (Shreyas Vahan)

 

14.50%

5.

Loans against approved securities i.e. NSC, KVP & LIP etc.

 

13.50%

6.

Loans against Rent/Loans against Mortgage of Property

14.50%

7.

 Loans under Asset Gain Scheme

(a) For Salaried Class

1) LHV/DUAL fully secured by Term Deposits/Approved    Securities

2) LHV/DUAL 50% secured by Term Deposits/Approved     Securities

3) LHV/DUAL secured by Mandate from the Employer

 

(b) For Businessmen / Professionals

1) LHV/DUAL fully secured by Term Deposits/Approved     Securities

2) LHV/DUAL 75% secured by Term Deposits/Approved     Securities

 

 

 12.50%

 

13.00%

  

13.50%

 

12.50%

13.00%

8.

Premises Loan

14.50%

9.

All Clean Loans including CDB & TOD in SB/CA  A/Cs

16.50%

10.

DRI Loans

 4.00%

11.

Loans/Advances against our Term Deposits

2% over & above the R.O.I. Offered on Deposits