KCC/CROP LOANS/Pledge (i,e Produce) Loan-Normal rate of interest
a) Up to Rs.1lakh
b) Above Rs.l1 lakhto 3.00 lakhs
c) Above Rs.3 lakhs
11.00
12.00
14.00
1b
KCC/CROP LOANS-Apllicable rate of interest upto one year from the date of disbursement or due date or date of payment / renewal whichever is earlier
a). Upto Rs. 3 lakhs
b). Above Rs. 3 lakhs
7.00 (additional interest subsidy for prompt payers is also available as per the schemes of GoI and GoK)
14.00
2a
Agri Term Loans/allied activities including purchase of Agriculture land, commercial production of organic inputs, Bhahumukha)
a) Up to Rs. 50,000/-
b) Above Rs.50,000/- to nfggfgj n2.00 lakhs
c) Above Rs.2,00,000/-
12.00
13.50
14.00
2b
Purchase of 2/3/4 wheelers for agri purpose
a. up to Rs. 50,000/-
b. Above Rs. 50,000/- to 2.00 lakh
c. Above Rs. 2 ,00,000
12.00
13.50
14.00
3a
Small Scale Industries, Rural Artisans, Cottage Industries, Tertiary Sectors including loan to Retail Traders, Small Business and Other Self Employed, Professionals and Medical Practitioners/ Swarojagar Credit Card.Rural Godown,Cold storage, Kisan Seva Kendras,Other Non farm sectors
a) Up to Rs. 50,000/-
b) Above Rs.50,000/- to gffffg ut Rs.2,00,000/-
c) Above Rs.2,00,000/-
12.50
13.00
13.75
3b
Vikas Sanjeevini
Above Rs 2 Lakh
13.50
4.
SRTO, 2/3/4 wheelers for Business/Profession purpose
a) Up to Rs. 2,00,000/-
b) Above Rs. 2,00,000/-
13.00
13.50
5.
Ware House Receipt Loans:(other than Produce Loan)
a) Up to Rs. 50,000/-with repayment period of less vc nnthan 6 months.
b) Rs.50,001/- to ddsdfbvdJ
JJKRs.1,00,000/- with gvhgh jjkrepayment period of lesshh ghthan 6 months.
13.00
14.00
6.
Jewel Loans /JL OD (VKCC JL) (Agriculture) with interest Subvention
a) Up to Rs.3,00,000/-
7.00
Jewel Loans/Jl OD (Agriculture) Others
Irrespective amount
12.50
7.
Advances to Self Help Groups (Credit Linkage)
a) Up to Rs.50,000/-
b) Above Rs.50,000/-
12.00
13.50
8.
Education Loans
a) Up to Rs.4,00,000/-
b) Above Rs.4,00,000/-
11.75
11.75
9.
Tractor/Trailors, agriculture Equipments Irrespective of loan amount
25% Margin
13.50
10.
Rural Housing Loans/Public Housing loans and Farm House/House repairs upto 1.00 lakh in Rural/Semi Urban Areas & Upto Rs. 2.00 lakh in Urban area and Rural Sanitation Facility
a) Up to Rs.2,00,000/-
b) Rs.2,00,001/ tocvcvbcfdfdfcv Rs.5,00,000/-
c) Above Rs.5,00,000/todfdbnhRs.20,00,000/-
9.25
10.00
11.00
12.
Solar Home lighting
a) Irrespective of the amount.
12.25
13.
Solar Water heater`
a) Irrespective of amount.
12.50
14.
Loans under National Scheme for Rehabilitation of Scavengers
a) Up to Rs.15000/-
b) Above Rs.15000/-
4.00
10.00
NON PRIORITY SECTOR ADVANCES
1
Loans to Traders, Wholesale dealers, Commission Agents
a) Up to Rs.2,00,000/-
b) Above Rs.2,00,000
13.50
14.00
2
Loans to Contractors, Real Estate Developers and all other commercial /NPS Advances (Including RT above Rs 20.00 Lakhs)
a) Up to Rs.2,00,000/-
b) Above Rs.2,00,000/-
15.00
15.00
3
Mortgage Loan
a) Irrespective of Loan amount
15.50
4.
Ware House receipt loans.
(Other than Produce Loan)
repayment period more than 6 months irrespective of loan amount
15.00
5.
House repairs (above Rs .1.00 lakh in Rural / Semi Urban Areas & above Rs 2.00 lakh in urban Areas) Housing / Farm House
a)Up to Rs.2,00,000/-
b) Above Rs.2,00,000/-
11.00
12.00
6.
Loans and Advances against NSC/KVP/LIC Policies (Surrender Value)
a) Irrespective of amount
13.00
7.
Loans for Salaried Class (Irrespective of loan amount).
a) For purchase of vehiclesd(Cars/Jeep/Two Wheelers-gh fd For personal use)
b) Purchase of Consumer g
ghDurables and Demand gjh
vgLoans.
14.00
14.50
8.
Loans for non salaried Class (Irrespective of Loan amount)
a) For purchase of vehicles fgd(For Personal use)
b) Purchase of Consumer gf
jjhDurables and Demand h
ggLoans)
14.00
15.00
9.
DL to Pigmy Agents
a) Irrespective of loan amount
13.00
10.
DL to Agriculturists
AS per Scheme
14.50
11.
Branch Premises Loans
a) Up to Rs.2,00,000/-
b) Above Rs.2,00,000/-
12.50
13.00
12.
DL on security of Pigmy accounts
a) Upto Rs.1,00,000/-
13.75
13.
Cheque Discounting/Purchasing
a) Irrespective of loan amount
16.00
14.
Debit balances in SB/Current accounts
a) Irrespective of amount from the date of allowing the drawls.
17.50
15
Loans on Deposits on Pigmy
a) Irrespective of the amount
10.00
16
General Credit Cards(GCC)
a) Up to Rs.25000/-
13.00
17
LD on Term Deposit
2% above Deposit Rate
18
Jewel Loans
a) Up to 50000/- ...........................13.00 12------------------12.0012.00
b) Rs. 50001/- to Rs 1.00 lkakh ----13.00
c) Above Rs. 1.00 lakh--------------13.00
A. Overdue Interest (Loans and Advances including cheques/bills)
Priority Sector Advances
Non Priority Sector Advances
Particulars
OD interest
i. On all advances 2%
i. Advances under DRI,
IRDP and SGSY
ii. Aggregate credit limit not exceeding Rs.25000/- in respect of Priority Sector Advances.
iii. Other Category
NIL
NIL
2%
Penal rate of Interest:
Applicable to all priority and non priority sector advances.
a. For Non-submission/delayed submission
of Monthly Stock Statement 1%
(To be charged for delayed period).
b. For diversion of funds and non-submission
of renewal of credit proposals beyond 3 months. 1%
However over due Interest and Penal Interest put together should not exceed 2% p.a. at any point of time.
Penal Interest on over drawl allowed in CC/SOD shall be 2% over and above the normal rate of interest applicable to the concerned category on the exceeded amount.
Whenever prescribed Priority Sector Advances and Non priority sector Advances will be separately clubbed for deciding the rate of Interest.
KINDLY NOTE - Interest rates are subject to change at short intervals. Though all efforts are being made to update the interest rates in our website. Please obtain latest interest rate both for Domestic and NRE from our Branches, whose addresses are available in the website. Latest interest rates can be obtained also from other branches where your account is maintained.
