Internet Banking

Interest Rate

Rate of Interest on Deposit

Interest Rate (Effective from 1st Apr, 2021)

Period Rate of Interest (%)
7 Days To 29 Days 3.50
30 Days To 90 Days 4.00
91 Days To 180 Days 4.50
181 Days To 12 Months 5.25
Above 12 Months to 36 Months 6.00
Above 36 Months to 60 Months 6.25
Above 60 Months to 108 Months 6.50
Above 108 Month 3.75

Note :

Senior Citizen will get additional 0.5% interest in above Rate of Interest.

Super Senior Citizen will get additional 0.6% interest in above Rate of Interest.

Rate of Interest on Advances

Interest Rate (Effective from 01st Nov, 2021)

Type Of Advances Rate of Interest (%)
Education Loan 9.00
NSC, KVP, LIC Policies 9.50
Vehicle Loan 8.25

**

Housing Loan 8.00

**

CASH CREDIT (Hypo)
Hypo. Stock & B.Debt
10.00
CASH CREDIT (Pledge) 8.50
Term Loan For Machinery, Factory land & Building (Other than Textile & Fuel Station Schemes) 10.75
Industrial Term Loan (Only industrial machinery & shed) 11.00
Loan To Professionals Educational Institution, Hospitals (Total Exposure Up To. Rs. 3 Crores) 10.00

**

Cash Credit (Business Loan Up to Rs.10.00 lakhs collaterally secured by mortgage ) 10.50
Commercial Real Estate Project Finance 12.00
Mortgage Based Overdraft & Term Loan, Secured Overdraft 10.50

**

BP/BD under Letter of credit
A) Bill Purchase
B) Bill Discount under LC
C) Bill Discount (Usance Bills other than LC)
10.50
Gold Loan 9.50
Personal Loan 11.00
Lease Rental Discounting 10.50
Loan against FDRs (FDOD)
(Self and third party)
Up to 1 Crores @ 1% over the FDR rate
Above 1 Crores @ 0.75% over the FDR rate

* For more information please contact/visit to nearest Branch

** Rate of Interest may decrease based on CIBIL & Equifax Score