FD Rates Of Interests
As per Resolution No. 12 of the Hon. Board of Directors meeting dated 17.04.2025, the interest rates on term deposits accepted by the bank have been revised as follows, effective from 21.04.2025.
| Sr. No. | Duration | Approved Interest Rate (From 20/09/2023) |
|---|---|---|
| 1 | 7 to 30 Days | 3.50% |
| 2 | 31 to 90 Days | 4.50% |
| 3 | 91 to 120 Days | 5. 00% |
| 4 | 121 to 180 Days | 5.50% |
| 5 | 181 to 275 Days | 6.00% |
| 6 | 276 to 365 Days (9 to 12 Months) | 7.% |
| 7 | 366 to 730 Days (13 to 24 Months) | 7 .50% |
| 8 | 731 to 1095 Days (25 to 36 Months) | 7.55% |
| 9 | 1096 to 1825 Days (37 to 60 Months) | 7.60% |
| 10 | 1826 to 4380 Days (61 to 120 Months) | 7.65% |
| 11 | Double Money Scheme (120 Months) | 7.50% |
| S.No. | Loan Type | Tenure | Interest Rate | Rebate | Loan Limit |
|---|---|---|---|---|---|
| 1 | General Term Loan | 36 Months | 13% | 1% | ₹10,00,000/- |
| 2 | Scheduled Caste Term Loan | 36 Months | 13% | 1% | ₹10,00,000/- |
| 3 | Home Loan | 36 to 240 Months | 12% | 1% | ₹50,00,000/- |
| 4 | Personal Loan | 60 Months | 13% | 1% | ₹6,00,000/- |
| 5 | Vehicle Loan (Personal) | 36 to 120 Months | 12% | 1% | 75% to 80% |
| 6 | Vehicle Loan (Commercial) | 36 to 120 Months | 12% | 1% | 75% to 80% of Quotation Amount |
| 7 | Material Purchase Loan | 36 to 120 Months | 13% | 1% | ₹40,00,000/- |
| 8 | Material Purchase ODAP | 15 Months (Renewable) | 13% | 1% | ₹40,00,000/- |
| 9 | Contractor Loan | 15 Months (Renewable) | 13% | 1% | ₹1,00,00,000/- |
| 10 | Business Loan (Project Loan/Working Capital) | 60 to 120 Months | 13% | 1% | ₹1,00,00,000/- |
| 11 | Educational Loan (Technical) | 36 to 60 Months | 12% | 2% | ₹20,00,000/- |
| 12 | Seasonal Loan (e.g. Sugarcane Harvest, Poultry, Fisheries) | 12 Months | 13% | 1.40% | ₹10,00,000/- or Client Aggregate |
| 13 | Seasonal Loan (e.g. Sugarcane Crop Yield-based CCOD) | 12 Months | 11.40% | 1% | ₹10,00,000/- or Client Aggregate |
| 14 | Youth Term Loan | Up to Maturity Date | +1% on existing ROI | - | 60% to 90% on Ledger Balance |
| 15 | Unsecured / Personal Loan | 36 to 48 Months | 18% | 2% | ₹1,00,000/- |
| Sr. No. | Loan Type | Loan Amount & Repayment Period | Approved Interest Rate (From 28.06.2021) | Rebate for Women Borrowers | Rebate for Men Borrowers |
|---|---|---|---|---|---|
| 1 | Term Loan / Housing Loan | ₹25,000 – 36 months | 12.00% | 2.00% | 1.00% |
| ₹25,000 to ₹50,000 – 48 months | 12.00% | 2.00% | 1.00% | ||
| ₹50,001 to ₹1,00,000 – 60 months | 12.00% | 2.00% | 1.00% | ||
| ₹1,00,001 to ₹4,99,999 – 84 months | 12.00% | 2.00% | 1.00% | ||
| ₹5,00,000 and above – 120 months | 12.00% | 2.00% | 1.00% | ||
| 2 | Cash / Credit | 15 months | 13.00% | 1.00% | 1.00% |
| Gold Loan, C.C. / O.D. | 12 months | 11.50% | 0.00% | 1.00% | |
| 3 | Vehicle Purchase | Up to ₹50,000 – 36 months | 12.00% | 2.00% | 1.00% |
| ₹50,001 to ₹1,00,000 – 48 months | 12.00% | 2.00% | 1.00% | ||
| ₹1,00,001 and above – 60 months | 12.00% | 2.00% | 1.00% | ||
| 4 | Mortgage Loan | Up to ₹50,000 – 36 months | 13.00% | 2.00% | 1.00% |
| ₹50,001 to ₹1,00,000 – 48 months | 13.00% | 2.00% | 1.00% | ||
| ₹1,00,001 and above – 60 months | 13.00% | 2.00% | 1.00% | ||
| 5 | Gold Mortgage Loan | 12 months – Up to ₹1,00,000 | 11.50% | 2.00% | 1.00% |
| 12 months – Above ₹1,00,000 | 11.00% | 2.50% | 2.00% | ||
| Unsecured Loan | |||||
| 1 | Unsecured Loan up to ₹1,00,000 | Up to ₹50,000 – 36 months ₹50,001 to ₹1,00,000 – 48 months Any non-mortgaged registered loan |
14.00% | 2.00% | 0.50% |
| 2 | Employee Loan |
Total Salary ÷ 3 = A Total Salary – (A + Current Deductions) × Remaining Service Period in Months |
7.00% | 0.00% | 0.00% |