Interest Rates on  Term Deposits
( w.e.f. 23rd November, 2016 )

 Period Amount upto Rs 50 Lakhs Senior Citizens

 Amount Above Rs 50 Lakhs (Simple Interes Calculation)

**

Saving Deposit 4.00%  
 

 7 days to 90 days

4.25% -- --
 91 Days to 180 days 4.75% -- --
181 Days to 1 Year 5.00% -- 5.00%
Above 1 Year to 2 Years 7.00% 7.25% 6.25%

 Above 2 Years to 3 Years

6.75% 7.00% 6.25%
 Above 3 Years to 5 Years 6.50% 6.75% NA

 Above 5 Years to 10 Years

6.00% 6.25% NA

 

 
     
 
 
   
 
  TDS is applicable to all Members and Nominal Members subject to Income Tax Act
 
  The Bank has implemented core banking in all its branches/offices
     

For Senior Citizen (Age more than 60 years) 0.25% additional interest rate than the above normal rate for one year and above period

 
     
 

RATE OF INTEREST ON LOANS EFFECTIVE FROM 01.12.2011

 

                              

 
Rate
EMERGENCY LOAN

11.00%

LOAN AG COMPULSORY DEPOSIT

10.25 %

MEDIUM TERM LOAN UPTO 325000/-

MEDIUM TERM LOAN ABOVE 325000/-

12.75 %

13.00 %

 LOAN AG INSURANCE POLICIES / NATIONAL SAVING CERTIFICATE

13.00%

HIGHER EDUCATION LOAN

10.00 %

90% HOUSING LOAN 

 VEHICLE LOAN

  9.50 %

 12.00%

MORTGAGE LOAN  13.00%
PENAL INTEREST ON DEFALUTED INSTALLMENT

 2.50 %

IF OVERDRAFT IN SAVING BANK ACCOUNT/CURRENT ACCOUNT

 18.00%

   
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