Interest Rates
INTEREST RATES ON DEPOSITS & LOANS
Interest Rates on Term Deposits (Individual) |
|
Deposit Period | Interest Rate |
From 7 Days and upto 14 Days | 3.50% |
From 15 Days and upto 45 Days | 4.50% |
From 46 Days and upto 90 Days |
5.00% |
From 91 Days and upto 179 Days |
5.50% |
From 180 Days and upto 364 Days | 6.00% |
From 12 Months to less than 13 months | 6.50% |
13 Months | 8.25% |
Above 13 Months to 24 Months | 7.00% |
Above 24 Months to 60 months | 6.75% |
Above 60 months to 120 months | 6.00% |
For Senior Citizen’s Deposit (AFD) : 0.5% extra interest than the above rate. | |
For all Cumulative Deposits including RD & RIP |
|
Same rate as above |
|
Savings Bank (SB)Deposits | 3% |
Current A/C | NIL |
Interest Rates on Term Deposits (for Co-op Society): | |
From 7 Days and upto 14 Days | 3.25% |
From 15 Days and upto 45 Days | 4.25% |
From 46 Days and upto 90 Days |
4.75% |
From 91 Days and upto 179 Days |
5.00% |
From 180 Days and upto 364 Days | 5.50% |
From 12 Months to less than 18 months | 6.00% |
13 Months | 6.25% |
Above 13 Months to 24 Months | 6.00% |
Above 24 Months to 60 months | 5.75% |
Above 60 months to 120 months | 5.00% |
Interest Rates on LOANS | |
BR 12 dt- 09-11-2023 wef. 04/12/2023 | |
Loan amount | Interest Rate |
Upto & including Rs. 1,00,000/- | 9% |
From Rs. 1,00,001/- upto Rs.5,00,000 /- | 10% |
From Rs. 5,00,001/- upto Rs.10,00,000 /- | 11% |
From Rs. 10,00,001/- upto Rs.12,50,000 /- | 12% |
From Rs. 12,50,001/- upto Rs.25,00,000 /- |
13% |
From Rs. 25,00,001/- upto Rs.50,00,000 /- |
14% |
Gold Loan amount | |
Upto & including Rs. 4 Lakh | 7.5% |
Personal Gold Loan amount | |
Above 4 Lakh upto & including 12.5 Lakh) |
8.5% |
Special Gold Loan amount | |
Up to 50,000/- | 5% |
Parpidam Loan amount |
|
Upto & including 5 Lakh |
9% |
Above 5 Lakh to 10,00,000/- |
10% |
Santhwanam Loans (Upto Rs.5000/-) | 4% |
Dial – A - Loan (upto 2,00,000/-) |
10% |
Consumption Loan (upto 50,000/-) |
10% |
Porters Spot Loan (upto 50,000/-) |
9% |