| INTEREST RATES -ANNEXURE - 'B' | |||||||
Sl. No. |
Particulars |
Existing Rate of Interest[%] p.a.w.e.f 01.03.11 |
Revised ROI for New Advances only w.e.f. 06.02.13 |
Periodicity of interest to be charged |
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1. |
Priority Sector Loans Farm Sector and Non-Farm Sector [except KCC, SCC, SHG, Housing Loan, Education Laon, ACC & RWST] |
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| i. Up to Rs.0.50 lakh | 12.00% |
12.00% |
Monthly |
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| ii. Up to Rs.2.00 lakh | 12.00% |
12.00% |
Monthly |
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| iii. Limit above Rs.2.00 lakh to Rs.5.00 lakh | 13.00% |
13.00% |
Monthly |
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| iv. Limit above Rs.5.00 lakh | 14.00% |
14.00% |
Monthly |
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2. |
Housing Loan [Floating Linked with Bank Rate] | ||||||
| For loans up to 10 years | |||||||
| i. Up to Rs.5.00 lakh | 11.00% |
10.50% |
Monthly |
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| ii. Above Rs.5.00 lakh to Rs.10.00 lakh | 11.00% |
10.50% |
Monthly |
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| iii. Above Rs.10.00 lakh | 11.50% |
10.50% |
Monthly |
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| For loans above 10 years to 20 years | |||||||
| i. Up to Rs.2.00 lakh | 11.25% |
10.75% |
Monthly |
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| ii. Above Rs.2.00 lakh to Rs.5.00 lakh | 11.25% |
10.75% |
Monthly |
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| iii. Above Rs.5.00 lakh to Rs.10.00 lakh | 11.25% |
10.75% |
Monthly |
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| iv. Above Rs.10.00 lakh | 12.00% |
10.75% |
Monthly |
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3. |
Kisan Credit Card [Kharif/Rabi Crops]-KCC |
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| i. Up to Rs.3.00 lakh * | 7.00% |
7.00% |
Half yearly |
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| ii. Above Rs.3.00 lakh | 13.00% |
13.00% |
Half yearly |
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* Concessional ROI with subvention from GOI is applicable to principal amount which is not overdue. After due date of respective season/crop, regular ROI as per Sl. No.1 of Annexure 'B' would be applicable. Branches should obtain security document as per Bank's normal ROI [Sl. No.1 of i to iii above] |
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4. |
On Farm Water Management | 12.50% |
12.50% |
Half yearly |
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5. |
Self Help Group & JLG (Model-B SHG Mode) | 11.25% |
11.25% |
Half yearly |
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6. |
Swarozgar Credit Card [SCC] | ||||||
| i. Up to Rs.25000- | 11.75% |
11.75% |
Monthly |
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| ii. Above Rs.25000- | 12.50% |
12.50% |
Monthly |
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7.
|
Educational Loan | ||||||
| i. Up to Rs.4.00 lakh | 13.00% |
12.50% |
Simple during moratorium period then monthly compounding |
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| ii. >4.00 to 7.50 lakh | 13.00% |
13.00% |
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| iii. Above Rs.7.50 lakh | 13.50% |
13.50% |
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[0.50% concession for girl students]
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8. |
Artisan Credit Card [ACC] | 11.75% |
11.75% |
Monthly |
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9. |
Rain Water Harvesting Scheme | 12.50% |
12.50% |
Monthly |
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10. |
Rural Housing [GJRHS] | 12.50% |
12.50% |
Monthly |
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