Interest Rate
As per RBI mandate, Savings Bank account interest will be calculated on the daily balances maintained in your account. Saving Account Interest Rate is 2.75%.
Interest Rates on TDR:
Effective Interest Rates on TDR from 18.07.2023
| Effective Interest Rates from 18-07-2023 | |||
| Period | General % |
Senior Citizen
(Above 60 Yrs) % |
All Bankers % |
| 7 Days to 14 Days | 3.50 | 4.00 | 3.50 |
| 15 Days to 29 Days | 3.50 | 4.00 | 3.50 |
| 30 Days to 45 Days | 4.00 | 4.50 | 4.00 |
| 46 Days to 90 Days | 4.75 | 5.25 | 4.75 |
| 91 Days to 179 Days | 5.25 | 5.75 | 5.25 |
| 180 Days to 270 Days | 5.75 | 6.25 | 5.75 |
| 271 Days to 364 Days | 6.75 | 7.25 | 6.75 |
| Above 1 Year to Less Than 2 Years | 7.40 | 7.90 | 7.40 |
| 2 Years to Less Than 3 Years | 7.30 | 7.80 | 7.30 |
| 3 Years to Less Than 5 Years | 7.25 | 7.75 | 7.25 |
| 5 Years and More Than 10 Years | 7.00 | 7.50 | 7.00 |
Interest Rates on Loans :
| S.No. | Type of Loan | Revised Interest
Rates from 16.04.2022 (in %) |
| 1 | CD Loan | 11.00 |
| 2 | NSC Loan | 10.00 |
| 3 | Trader Loan : (A) Upto Rs 5 Lakh (B) Above Rs 5 Lakh & Upto Rs 10 Lakhs (C) Above Rs 10 Lakhs |
10.00 10.00 10.50 |
| 4 | CC Fartilizer Loan : (A) Up to Rs. 5 Lakhs (B) More then Rs. 5 Lakhs |
9.50 10.50 |
| 5 | Vehicle Loan (Auto Riksha / Taxi
and 2 wheeler/ 4 Wheeler Private Vehicle): (A) Upto Rs 5 Lakhs (B) Above Rs 5 Lakhs upto 10 Lakhs (C) Above Rs 10 Lakhs 4 Wheeler Private Vehicle): (A) Upto Rs 5 Lakhs (B) Above Rs 5 Lakhs |
9.00 9.00 10.00 7.95 7.95 |
| 6 | Education Loan : (A) Upto Rs 3 Lakhs (B) Above Rs 3 Lakhs & Upto 5 Lakhs (C) Above Rs 5 Lakhs to 10 Lakhs (D) More then 10 Lakhs |
9.00 9.00 9.50 10.00 |
| 7 | Sugar Factory Loan : (A) Bandhak (B) Drasti Bandhak Loan (C) Clean Loan (D) Term Loan (General) |
11.00 11.00 12.00 12.00 |
| 8 | House Loan : (A) Upto Rs 5 Lakhs (B) Above Rs 5 Lakhs & Upto Rs 10 Lakhs (C) More then Rs 10 Lakhs (E) Corporate House Loan Upto Rs 10 Lakhs (F) Corporate House Loan Above Rs 10 Lakhs |
7.75 8.25 9.00 10.50 10.50 |
| 9 | SCC Loan | 11.00 |
| 10 | SHG / JLG (By Societies) | 9.00 |
| 11 | SHG / JLG (By Bank) | 11.00 |
| 12 | CC to Govt. Employee Loan | 9.75 |
| 13 | Loan Against Property | 13.00 |
| 14 | Tractor, Trolley Loan | 9.00 |
| 15 | Mukhyamantri E-Rikshaw jankalyan yojna | 9.00 |
| 16 | Other Loans | 10.50 |
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