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Interest Rates - Interest rates on Loans and Advances w.e.f 25.04.2016

SEGMENT

Revised w.e.f 25.04.16

1

 

CROP LOANS :

(KCC/ RMG /JLGs (land records to be obtained and scale of finance, Seasonality for disbursement to be adhered)

On interest subvention for crop loans :

 

 

 

 

Upto Rs.1.00 lakh

Above Rs.1.00 lakh to Rs.3.00 lakh

Above Rs.3.00 lakhs

7.00%

7.00%

14.00%

 For Crop Loans after the cut-off dates for repayment ( after 12 months from the date of sanction/disbursement) and For Produce Marketing Loans:

 

 

 

Upto Rs.50,000/-

Above Rs.50,000 to Rs.3.00 lakhs

Above Rs.3.00 lakhs

12.50%

13.00%

14.00%

2

TERM LOANS :

Up to Rs 2.00 lac

Agricultural Term loans / Harvesters /APMIP) including water harvesting scheme.

Above Rs.2.00lac

Above Rs.5.00 lac

Up to

Rs.1.00 lac 13.00%

 

Above

Rs.1.00 lac 14.00%

i

Tractors / Harvesters for Agriculture Purpose

Rs.2.00 lacs to Rs 5.00 lacs

Above Rs.5.00 lacs to Rs. 25.00 lacs

ii

Drip / Sprinklers under APMIP

SF / MF

Others

 

12.00%

13.00%

3

SHG (thrift based / MCP based / Indiramma housing etc)

14.00%

4

 

Non Farm Sector (Priority & Non-Priority) - Cash Credit or Term Loans

SME / TLSB / TLSI / RT / P&SE / SRTO/BE etc.

 

 

Up to Rs.2.00 lakh

Above Rs.2.00 lakh

Mortgage Loans (MSME) up to Rs.50.00 lacs

Above Rs.50.00 lacs

Loans covered under CGTMSE

14.00%

14.00%

14.00%

14.00%

13.50%

5

PER Segment

i

Education Loans:

Upto Rs.4.00 lakhs

Above Rs.4.00 lakhs

 

13.00%

14.00%

ii

Housing loans : to public

a. Upto Rs.30.00 lakhs

b. Above Rs.30.00 lakhs: Repayment up to 15 years

c. Up to Rs.30.00 lakhs: Repayment > 15 years to 20 years.

    Above Rs.30.00 lakhs: Repayment > 15 years to 20 years.

d. Housing Loan under Saral

 

11.50%

12.00%

11.50%

12.25%

9.75%

iii

Personal loans (CDLs)

Others

Where Check-Off facility available

 

16.00%

14.00%

Pensioners Loans

14.00%

Mortgage Loans

Loans against Mortgage of immovable property up to 50 lakhs

Loans against Mortgage of immovable property above 50 lakhs

 

15.00%

15.00%

General Credit Card (only up to Rs.25,000/-)

16.00%

iv

Car loans

12.00%

v

Jewellery loans:

Demand Loan:

11.50%

Over Draft

15.00%

Loans against NSC / KVP :

14.00%

Swarna Godavari scheme: (For 2 years)

13.75%

vi

TGB Rent Plus Scheme

14.00%

vii

MUDRA loans (Sishu)

10.22%

vii

Loans against Banks own TDRs (DL / CK/ OD) etc.

2% + TDR Rate