Rate of Interest on Advances

RATE OF INTEREST ON ADVANCES

Sl.No.

Particulars

Interest Rate p.a.   (%)

 

 

 

PLR w.e.f. 01.10.2015

13.75

For Public

 

1

Kishan Credit Card (KCC)

 

Upto Rs.3.00 lakh

7.00

Above Rs.3.00 lakh uptoRs.5.00 lakh

PLR-1.50

Above Rs.5.00 lakh (up to Rs.10.00 lac)

PLR-1.50

Above Rs.10.00 lakh

PLR-1

2

Agriculture & Allied Agriculture Activities other than KCC

 

(Working Capital & Term Loan)

 

 

i

Upto Rs.50000

PLR-3.50

ii

Above Rs.50000 uptoRs. 2.00 lakh

PLR-2.50

iii

Above Rs. 2.00 lakh uptoRs. 5.00 lakh

PLR-1.50

iv

Above Rs. 5.00 lakh& up to Rs. 10.00lakh

PLR-1.50

v

Above Rs. 10.00 lakh

PLR+1.00

vi

Where working capital and

Rate of interest on W.C. & T.Lwill be decided separately

Term Loan both included

3

Micro Small and Medium Enterprises

3(A)

Micro Enterprises upto Rs.10.00 Lakh

i

Loan uptoRs. 50,000/-

PLR - 3.50

ii

Above Rs.50000 /-uptoRs. 2.00 lakh

PLR - 2.50

iii

Above Rs. 2.00 Lakh  uptoRs. 10.00 Lakh

PLR - 1.50

iv

Above Rs.10.00 Lakh & above(Linked to rating)

 

iv (a)

A Rating

PLR - 2.50

iv (b)

B Rating

PLR - 2.50

iv (C)

C Rating

PLR - 1.50

iv (d)

D Rating

PLR - 1.50

iv (e)

E Rating

PLR +1.50

3(B)

Small enterprises upto Rs.10.00 Lakh

 

i

Loan uptoRs. 50000/-

PLR - 3.50

ii

Above Rs.50000 upto 2.00 lakh

PLR - 2.50

iii

AboveRs. 2.00 Lakh upto 10.00 Lakh

PLR - 1.50

iv

Above 10.00 Lakh & above(Linked to rating)

 

iv (a)

A Rating

PLR - 2.50

iv (b)

B Rating

PLR - 2.50

iv (c)

C Rating

PLR - 1.50

iv (d)

D Rating

PLR - 1.50

iv (e)

E Rating

PLR +1.50

3(c)

Medium Enterprises(UptoRs. 10.00 Crore)

 

i

Loan upto Rs.50,000/-

PLR - 3.50

ii

Above 50,000/- upto Rs.2.00 lakh

PLR - 2.50

iii

Above 2.00 Lakh uptoRs. 10.00 Lakh

PLR - 1.50

iv

Above Rs. 10.00 Lakh & above (Linked to rating)

 

iv (a)

A Rating

PLR - 2.50

iv (b)

B Rating

PLR - 2.50

iv ©

C Rating

PLR - 1.50

iv (d)

D Rating

PLR - 1.50

iv (e)

E Rating

PLR +1.50

3(c)a

Medium enterprises(above Rs.10.00 Crore)

 

i

Loan upto Rs.50,000/-

PLR - 3.50

ii

Above Rs. 50,000/- uptoRs. 2.00 Lakh

PLR - 2.50

iii

Above Rs.2.00 Lakh uptoRs. 10.00 Lakh

PLR - 1.50

iv

Above Rs.10.00 Lakh& above (Linked to rating)

 

iv (a)

A Rating

PLR - 2.50

iv (b)

B Rating

PLR - 2.50

iv (c)

C Rating

PLR - 1.50

iv (d)

D Rating

PLR - 1.50

iv (e)

E Rating

PLR +1.50

4

Education Loan

i

Upto 4.00 lakh

PLR –1.00

ii

Above 4.00 lakh

PLR - 1.00

5

GyanDeepika

PLR -0.50

6

SB OD,OD scheme for pensioners

PLR +1

7

SB OD (No Frill Accounts)

PLR -1.50

8

Personal Loan to salaried persons, OD scheme for salaried class

PLR +0.50

9

Loan against Rent to owner

PLR +2

10

Car/Jeep loan

 

i

Salary Tie up/Full collateral /

PLR -3.00

ii

Doctor/Medical Practioners

PLR -3.00

iii

Others

PLR -3.00

11

Two Wheelers

 

i

Salary Tie up/Full collateral /

PLR -1.25

ii

Doctor/Medical Practioners

PLR -1

iii

Others

PLR -1

12

Property Loan

PLR +1

13

SHG (General)

PLR – 4

14

SGSY

 

UptoRs. 50,000/-

9.00

Above Rs. 50,000/- upto Rs.2.00 lakh

PLR

Above Rs. 2.00 lakh

PLR+1

15

SCC

PLR -3

16

ACC

 

Upto  Rs. 25,000/-

PLR -3

AboveRs. 25,000/-

PLR

17

LUCC

PLR

18

Merchant Credit Scheme

PLR +1

19

GCC

PLR

20

Loan for Other purposes

 

21

Solar Home Lighting (General  Scheme)

PLR -2.50

22

Solar Home Lighting  under JNNSM

PLR

Surplus portion above Benchmark 

 

23

Against own Bank Deposits

Deposit Rate  + 2

over and above Deposit rate

24

Against Third Party Deposits over and

Deposit Rate  + 3

above Deposit rate

25

Housing Loan scheme-Public

FLOATING

     Fixed

i

For  Repayment period upto Five Years

PLR-3

     11%

ii

For Repayment Period above Five Years and upto Fifteen Years

PLR-2.25

     11.75

iii

For Repayment Period above Fifteen Years and upto Twenty Years

PLR-1.75

      12.25

Note:

    1. Under SGSY interest on Group loan will be charged on the basis of share amount of individual member.

  1. Interest rebate of 0.50 % will be allowed to women borrowers.

 



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