Screen Reader Access
Screen Reader Access
With effect from the 22nd January 2021
| Type of Loan |
CCB / SCB Branch to Primary Society |
Primary Society to individual members/ or CCBs / SCB Branches to nominal members |
|
| Revised | Revised | ||
| 1. | ST(SAO) Under KCC mode | Current-5 Overdue-8.5 |
Current-7 Overdue-11 |
| 2. | Term Loan (Farm Sector and Farm allied Sector) *This is Card rate the Risk Premium up to 3% may be added on the basis of the nature of Scheme, repayment history of borrower) |
9.00 | 9.25 |
| 3. | Self Help Group ( SHGs) | 11.00 | 11.00 |
| 4. | Medium Term Loan to Employees' Co-operative Credit Societies | 11.00 | 12.00 |
| 5. | State Govt. Housing Loan (irrespective of loan size) with contract period of repayment (i) Up to 5 years (ii) Above 5 years & up to 10 years (iii) Above 10 years & up to 15 years (iv) Above 15 years & up to 20 years |
7.90 8.15 8.40 8.65 |
|
| 6. | Home Loan (irrespective of loan size) with contract period of repayment – (i) Up to 5 years (ii) Above 5 years & up to 10 years (iii) Above 10 years & up to 15 yrs (iv) Above 15 years & up to 20 yrs |
8.05 8.30 8.55 8.90 |
8.15 8.40 8.65 9.00 |
| 7. | Term Loan (Non-Farm) (i) Up to Rs.5 lac (ii) above Rs.5 – 10 lac (iii) above Rs.10-25 lac (iv) above Rs.25 lac *This is Card rate the Risk Premium up to 3% may be added on the basis of the nature of Scheme, repayment history, Credit Score of CICs of the borrower). |
8.05 8.30 8.55 8.90 |
8.15 8.40 8.65 9.00 |
| 8. | Cash Credit /Overdraft | Same as Sl. No.7 | |
| 9. | Personal Loan | 12.50/14.0 (Rate 1/2↓) |
12.50/14.00 (Rate 1/2↓) |
| 10. | Consumer Durable Loan | 13.50 | 14.00 |
| 11. | Non- Commercial Car Loan | - |
9.00 /10.50 (Rate 1/2↓) |
| 12. | Loan against NSC/KVP/LIC Policy | - |
11.00 |
| 13. | BSKP/SVSKP / PMEGP Loan | - |
12.00*** |
N.B.:- * For SL No.4 interest rebate of 0.10% for salary- linked M.T. ECCS Loan cases * For Sl. No.2, there will be a Reset Clause on Rate of Interest after 1 (one) year from disbursement date ** For Sl. Nos. 7 and 8, interest rebate at each stage will be allowed on the applicable rate of interest @ 0.15% and 0.75% on furnishing of liquid collateral securities covering not less than 50% and 100% respectively of the loan amount sanctioned. ↓ For Sl. Nos.9&11, Rate 1 signifies the cases where salary is disbursed through a Branch of the Bank and Rate 2 for other cases. |
|||
With effect from the 2nd day of February , 2017 ( Thursday )
| Sl. No. | Type of Loan | Rate of Interest in % per annum | |||
|
CCB / SCB Branch to Primary Society |
Primary Society to individual members/ or CCBs / SCB Branches to nominal members |
||||
| Existing | Revised | Revised | Existing | ||
| 1. | Medium Term Loan to Employees’ Co-operative Credit Societies * | 11.50 | 11.25 | 12.50 | 12.25 |
| 2. | Home Loan (irrespective of loan size) with contract period of repayment *–
|
|
|
|
|
| 3. | Term Loan (Farm Sector) | 11.25 | 11.25 | 11.75 | 11.50 |
| 4. | Term Loan (Non-Farm) **
|
12.00 12.25 12.75 13.00 |
11.00 11.25 12.00 12.25 |
12.00** 12.25** 13.00** 13.25** |
11.25** 11.50** 12.25** 12.50** |
| 5. | Personal Loan | 14.25/16.75 (Rate 1/2↓) | 14.00/16.50 (Rate 1/2↓) |
14.25/16.75 (Rate 1/2↓) | 14.00/16.5 (Rate 1/2↓) |
| 6. | Consumer Durable Loan | 13.50 | 13.50 | 14.00 | 14.00 |
| 7. | Cash Credit /Overdraft ** | Same as Sl. No.4 | |||
| 8. | Non- Commercial Car Loan | - - |
- - |
10.75 /12.00 (Rate 1/2↓) |
9.95 /11.00 (Rate 1/2↓) |
| 9. | Loan against NSC/KVP/LIC Policy | - - |
- - |
12.00 | 11.50 |
| 10. | BSKP Loan | - - |
- - |
12.00 | 12.00*** |
|
N.B. * For SL No.1 interest rebate of 0.25% for salary- linked M.T. ECCS Loan cases * For Sl. No.2, there will be a Reset Clause on Rate of Interest after 1 (one) year from disbursement date and interest rebate of 0.25% for salary- linked Home Loan cases of above 5years term at beneficiary level. **For Sl. Nos. 4 and 7, interest rebate at each stage will be allowed on the applicable rate of interest @ 0.25% and 0.75% on furnishing of liquid collateral securities covering not less than 50% and 100% respectively of the loan amount sanctioned. ↓ For Sl. Nos.5 & 8, Rate 1 signifies the cases where salary is disbursed through a Branch of the Bank and Rate 2 for other cases. ***For Sl. No.10, interest rebate @1% p.a. will be allowed on timely repayment. |
|||||
Rates of Interest on Loan With Effect From 01/09/2016
| Sl. No. | Type of Loan | Rate of Interest in % per annum | |||
| CCB / SCB Branch to Primary Society | Primary Society to individual members/ or CCBs / SCB Branches to nominal members | ||||
| Existing | Revised | Revised | Existing | ||
| 1. | Medium Term Loan to Employees’ Co-operative Credit Societies * | 11.50 | 11.50 | 11.50 | 12.50 |
| 2. | Home Loan (irrespective of loan size) with contract period of repayment *–
|
|
|
|
|
| 3. | Term Loan (Farm Sector) | 11.50 | 11.25 | 12.00 | 11.75 |
| 4. | Term Loan (Non-Farm) **
|
12.25 12.50 13.00 13.50 |
12.00 12.25 12.75 13.00 |
12.25** 12.50** 13.00** 13.25** |
12.00** 12.25** 13.00** 13.25** |
| 5. | Personal Loan | 14.25/16.75 (Rate 1/2↓) | 14.25/16.75 (Rate 1/2↓) |
14.25/16.75 (Rate 1/2↓) | 14.25/16.75 (Rate 1/2↓) |
| 6. | Consumer Durable Loan | 13.50 | 13.50 | 14.00 | 14.00 |
| 7. | Cash Credit /Overdraft ** | Same as Sl. No.4 | |||
| 8. | Non- Commercial Car Loan | - - |
- - |
11.00 /12.00 (Rate 1/2↓) |
10.75 /12.00 (Rate 1/2↓) |
| 9. | Loan against NSC/KVP/LIC Policy | - - |
- - |
13.00 | 12.00 |
| 10. | BSKP Loan | - - |
- - |
12.00 | 12.00*** |
|
N.B. * For Sl. No. 1 interest rebate of 0.25% for salary- linked M.T. ECCS Loan cases *– For Sl. No. 2, there will be a Reset Clause on Rate of Interest after 1 (one) year from disbursement date and interest rebate of 0.25% for salary- linked Home Loan cases of above 5years term at beneficiary level. ** For Sl. Nos. 4 & 7, interest rebate at each stage will be allowed on the applicable rate of interest @ 0.25% and 0.75% on furnishing of liquid collateral securities covering not less than 50% and 100% respectively of the loan amount sanctioned. ↓ For Sl. Nos.5 & 8, Rate 1 signifies the cases where salary is disbursed through a Branch of the Bank and Rate 2 for other cases. *** For Sl. No. 10, interest rebate @1% p.a. will be allowed on timely repayment. |
|||||
Rates of Interest on Loan With Effect From 09/10/2015
| Sl. No. | Type of Loan | Rate of Interest in % per annum | |
| CCB / SCB Branch to Primary Society | Primary Society to individual members/ or CCBs / SCB Branches to nominal members | ||
| Revised | Revised | ||
| 1. | Medium Term Loan to Employees’ Co-operative Credit Societies * | 11.50 | 12.50 |
| 2. | Home Loan (irrespective of loan size) with contract period of repayment *–
|
10.00 10.25 10.50 10.75 (All EMI) |
10.25 10.50 10.75 11.00 ( All EMI) |
| 3. | Term Loan (Farm Sector) | 11.25 | 11.75 |
| 4. | Term Loan (Non-Farm) **
|
12.00 12.25 12.75 13.00 |
12.25 12.50 13.00 13.25 |
| 5. | Personal Loan | 14.25/16.75 (Rate 1/2↓) | 14.25/16.75 (Rate 1/2↓) |
| 6. | Consumer Durable Loan | 13.50 | 14.00 |
| 7. | Cash Credit /Overdraft ** | Same as Sl. No.4 | |
| 8. | Non- Commercial Car Loan | - - |
11.00 /12.00 (Rate 1/2↓) |
| 9. | Loan against NSC/KVP/LIC Policy | - - |
13.00 |
| 10. | BSKP Loan | - - |
12.00*** |
|
N.B. * For Sl. No. 1 interest rebate of 0.25% for salary- linked M.T. ECCS Loan cases *– For Sl. No. 2, there will be a Reset Clause on Rate of Interest after 1 (one) year from disbursement date and interest rebate of 0.25% for salary- linked Home Loan cases of above 5years term. ** For Sl. Nos. 4 & 7, interest rebate at each stage will be allowed on the applicable rate of interest @ 0.25% and 0.75% on furnishing of liquid collateral securities covering not less than 50% and 100% respectively of the loan amount sanctioned. ↓ For Sl. Nos.5 & 8, Rate 1 signifies the cases where salary is disbursed through a Branch of the Bank and Rate 2 for other cases. *** For Sl. No. 10, interest rebate @1% p.a. will be allowed on timely repayment. |
|||
