INTEREST RATES ON LOANS AND ADVANCES

Sl No

Type of Loans

Existing Rate

Effective from

13.8.2009
(%)

1

Consumer Loan/Samridhi Loan

Upto Rs.1,00,000-

Rs.1,00,001- to Rs.2,00,000-

Rs.2,00,001- and above

 

12.00

12.50

13.00

2

Loan for Going Abroad

Upto Rs.2,00,000-

Rs.2,00,001- and above

 

12.00

13.00

3

Vehicle Loan

Upto Rs.2,00,000-

Rs.2,00,001- and above

 

12.00

13.00

4

Cash Credit /Overdraft/Term Loan

Upto Rs.2,00,000-

Rs.2,00,001- to Rs.10,00,000-

Rs.10,00,001- and above

 

12.00

12.50

13.00

5

Cobank Housing Loan

Upto Rs.1,50,000-

Rs.1,50,001- to Rs.5,00,000-

Above Rs.5,00,000-

 

8.50

10.00

11.00

6

Loan for House Maintenance/Addition

Upto Rs.2,00,000-

Above Rs.2,00,000-

 

9.50

12.00

7

Mortgage Loan

Upto Rs.2,00,000-

Rs.2,00,001- and above

 

11.00

13.00

8

Cobank Vyapar Loan

Upto Rs.2,00,000-

Rs.2,00,001- and above

 

11.00

13.00

9

Education Loan

Loan to Educational Institutions

a) Cooperative Institutions

b) CAPE

c) Others

 

10.00

9.00 – 10.00

8.75

11.00 – 12.00

10

Gold Loan

6 months – Upto Rs.2,00,000- 

          Above Rs.2,00,000- to Rs.10,00,000-

1 year  – Upto Rs.2,00,000-              

          Above Rs.2,00,000- to Rs.10,00,000-

Agricultural Gold Loan

1 year

              

10.00

10.50

11.00

12.00



Above 3 months Scheduled caste/Scheduled Tribe (SC/ST) community and people below poverty line (BPL) have a special rate of 2% below the normal rate for all non-agricultural Loans & Advances issued through the branches.