THE MEHSANA DISTRICT CENTRAL CO-OPERATIVE BANK LTD

Bank Deposits

INTEREST RATES W.E.F 05.12.2016
Period Rates for General Public Rates for Sahkari Bank/Societies/Trust
46 Days upto 180 Days 4.50 4.50
181 Days upto 364 Days 5.00 4.75
365 Days upto 729 Days 7.00 6.50
730 Days upto 1095 Days 7.25 6.75

Loans Schemes

LOAN SCHEMES WITH RATE OF INTEREST
Type of Loan Rate of Interest(For Public) Rate of Interest(For Societies)
Agricultural Term Loan For purchase of Tractors, Tailors, Threshers 13% 12%
Irrigation
For purchase of Submersible, Columns, Cables, Pipelines(Except Tube wells) 13% 12%
Milch Animal Unit cost per animal Rs.60 thousands 13% 12%
Godown Loan 13% 12%
RO Plant 75% of Project cost 13% 12%
Green House 75% of Project cost 13% 12%
Loan to Credit Societies-Cash Credit 12%
Loan to Pagar Mandlies-Cash Credit 12%
Hypo. Of Pesticides, Fertilizers, Consumer durables- Cash Credit 12%
Education Loan upto Rs.5.00 Lacs 13% 12%
Vehicle Loan- 75% cost of the vehicle 13% 12%
Nagrik Bank(Normal Cash Credit) 12%
Loans to Small Traders-Clean-1 Year 13% 12%
Non Farm Sector
Bajpai Bankable 12.50%
Vankar Sahkari Mandli(Medium TL)Period-5 Years 12%
Loan to SHG Groups Clean Cash Credit-1 Year 12%
Gram Aavas Yojna
New–Period-10 Years-10 Insts 13% 12%
Repairing-5 Years-5 Insts 13% 12%