Sr. No. |
Category of loan |
Rate of interest w.e.f. 01.02.2009 |
New rate of interest w.e.f. 01.05.2009 |
1 |
Bank’s PLR |
13 % |
12.5 % |
2 |
House Loans |
Upto 5 yrs -3.5% below PLR i.e 9.5%.
Above 5 yrs upto 10 yrs- 3% below PLR i.e. 10%
Above 10 yrs-2.5% below PLR i.e 10.5% |
Upto 5 yrs- 3.5% below PLR i.e 9%.
Above 5 yrs upto 10 yrs- 3% below PLR i.e. 9.5%
Above 10 yrs-2.5% below PLR i.e 10.%
|
3 |
KCC |
a)Crop Production (CC Portion)-
i) 7% (upto Rs.3.0 lacs)
ii) 1.5% below PLR i.e. 11.5% (above Rs. 3.0 lacs)
The rate of interest of 7% on crop production (CC) would be charged to accounts only upto the due date of loan or upto the cut-off date (31.03.2009) whichever is earlier. Thereafter normal rate of interest is to be charged as in term loan portion mentioned hereunder. |
a)Crop Production (CC Portion)-
i) 7% (upto Rs.3.0 lacs)
ii) 1.5% below PLR i.e. 11% (above Rs. 3.0 lacs)
The rate of interest of 7% on crop production (CC) would be charged to accounts only upto the due date of loan or upto the cut-off date (31.03.2010) whichever is earlier. Thereafter normal rate of interest is to be charged as in term loan portion mentioned hereunder.
Upto Rs. 50000/- 3.5% below PLR i.e 9%.
Above Rs.50000/- upto Rs. 2.0 lacs-3% below PLR i.e 9.5%.
Above Rs.2.0 lacs upto Rs.3.0 lacs below PLR i.e.10.5%. |
4. |
KCC investment (Tea Garden and all other investment agricultural loans). |
b) Term Loan Portion
Upto Rs. 50000/-3% below PLR i.e 10%.
Above Rs. 50000/- upto Rs. 2.0 lacs -2% below PLR i.e 11%
Above Rs. 2.0 lacs-1.5% below PLR i.e.11.5%. |
Upto Rs. 50000/-3% below PLR i.e 9.5%.
Above Rs. 50000/- upto Rs. 2.0 lacs -1.75% below PLR i.e 10.75%
Above Rs. 2.0 lacs-1.5% below PLR i.e.11%. |
5. |
Tractor Loans(irrespective of loan limit) |
1.5% below PLR i.e 11.5% |
1.5% below PLR i.e 11% |
6. |
SCC/ MCC/ GCC |
3% below PLR i.e 10% |
2.5% below PLR i.e 10% |
7. |
Farm Produce (Marketing) loan Scheme |
Upto Rs. 50000/-3% below PLR i.e 10%.
Above Rs. 50000/- upto Rs. 2.0 lac-2% below PLR i.e 11%
Above Rs. 2.0 lacs -1.5% below PLR i.e 11.5% |
Upto Rs. 50000/-2.5% below PLR i.e 10%.
Above Rs. 50000/- upto Rs. 2.0 lac-2% below PLR i.e 10.5%
Above Rs. 2.0 lacs -1.5% below PLR i.e 11.% |
8. |
Doctors/Chartered Accountants/Retailers/Wholesale Dealers of Medicines |
2% below PLR i.e 11% |
1.50% below PLR i.e 11% |
9. |
Gramin Bank Vyapar Yojna |
Upto Rs.2.0lacs- Equal to PLR i.e 13%.
Above Rs. 2.0 lacs-0.5% over to PLR i.e 13.5% |
Upto Rs.2.0lacs-0.25%over PLR i.e 12.75%.
Above Rs. 2.0 lacs-0.75% over to PLR i.e 13.25% |
10. |
Transport Operators Jeep/Bus/Truk etc. |
1.5% below PLR i.e 11.5% |
1.5% below PLR i.e 11.%(with mortgage of 100% value)
1% below PLR i.e 11.50% (with out mortgage) |
11 |
Other Loans (Priority Sectors) |
|
|
a(i) |
Upto Rs. 20 lacs |
1% below PLR i.e 12% |
0.75% below PLR i.e 11.75% |
a(ii) |
Above Rs. 2.0 lacs |
|
|
|
i) |
Agriculture( Allieu Activities) |
ii) |
ISB |
iii) |
Integrated horticulture Development Scheme (Including national Horticulture Board Scheme) |
iv) |
Rural Housing Loan cum subsidy scheme |
|
1.5% below PLR i.e 11.5% |
Equal to PLR i.e 13% |
Equal to PLR i.e 13% |
3% below PLR i.e 10% |
|
1.25% below PLR i.e 11.25% |
Equal to PLR i.e 12.5%( with mortgage)
0.5% over PLR i.e. 13% (without mortgage) |
Equal to PLR i.e 12.5% |
2.5% below PLR i.e 10% |
|
12 |
Education Loan Scheme |
Upto Rs. 4.0 lacs- Equal to PLR i.e 13%
Above 4.0 lacs- 1% over PLR i.e 14% |
Upto Rs. 4.0 lacs- 0.5% below PLR i.e 12%
Above 4.0 lacs- 0.5% over PLR i.e 13% |
13 |
Venture Capital Fund |
Equal to PLR i.e 13% on Bank’s portion |
Equal to PLR i.e 12.5% on Bank’s portion |
14 |
Loan to SHGs ( Including SGSY) |
9% |
9% |
15 |
Non Priority Sector ( Irrespective of size) |
|
|
|
i)- Advance against NSCs/KVPs/LIPs etc. |
Equal to PLR i.e 13% |
0.5 % below PLR i.e 12%. |
|
ii)- Advance against NSCs/KVPs/etc. to staff members |
1% over interest being received on NSCs/KVPs |
1% over interest being received on NSCs/KVPs |
|
iii)- Loan for consumer durables |
Equal to PLR i.e 13% |
Equal to PLR i.e 12.5% |
|
iv)- Clean overdraft to salaried person |
1% over PLR i.e 14% subject to minimum Rs. 50/- per occasions |
1% over PLR i.e 13.5% subject to minimum Rs. 50/- per occasions* |
|
v)- Personal Loans to Salaried person |
Equal to PLR i.e 13% to 1%over PLR i.e. 14% |
Equal to PLR i.e 13.5% to 1%over PLR i.e. 14% |
|
vi)-Car Loan/ Two Wheelers |
2% below PLR i.e 11% |
1% below PLR i.e 11.5% |
|
vii)- LABOD |
1% higher from the interest rate being paid on deposit |
1.5% higher from the interest rate being paid on deposit |
|
vii)- Loan/overdraft against property scheme |
0.5% over PLR i.e 13.5% |
1% over PLR i.e 13.5% |
|
ix)-Marriage Loan |
1% over to PLR i.e 14% |
1% over to PLR i.e 13.5% |
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