Rate of Interest

    

     Interest  Rates  on  Deposits From 06.10.2016 

    (New Deposit &  Renewal Deposits)

 

Period of Deposit

Individual & Society Interest Rate

Senior Citizens

Interest Rate

Saving

3.00%

3.00%

7 to 45 Days

5.50%

5.75%

46  to 179 Days

6.50%

6.75%

180 to 210 Days

6.75%

7.00%

211 Days  to 1 year

7.00%

7.25%

Above  1 year  to 455 Days

7.15%

7.40%

456 Days  up to 2 years

7.25%

7.50%

Above 2 Years up  to 3  Years

7.25%

7.50%

Above 3 Years  up to 5  Years

7.00%

7.25%

Above 5 Years  up to 10  Years

7.00%

7.25%

Pigmy Deposit

3.00%

3.00%

A/R (Auto Renewal FD )

5.00%

5.00%

* For Senior Citizens    ( Minimum completed age  of 60 years) - 0.25% extra

*Pigmy Special Deposit for the period of 5 years Interest rate 7.00%

 

Rate of Interest on Lending with effect from 01-01-2014

 

Interest Rate

Gold Loan

13.00%

Loan against L.I.C., N.S.C. Certificate and Govt. Securities

14.00%

Vehicle Loan

14.00%

Salary Secure Loan

13.50%

Housing Loan

13.00%

All other Loans

15.00%

Bill Purchase/Sanction OD

17.00%

Loan against Pigmy Deposit

10.00%

Deposit Loan 2% Extra (For own Deposit)

Other Person Deposit loan 3% Extra (For Third Party Deposit)

Current A/c OD (Without Sanction) 19%

Test Data