Interest Rate

Interest Rate W.E.F 05.12.2016

Sr.No. Period Rates for General Public Rates for Sahkari Bank/Societies/Trust
1 46 Days upto 180 Days 4.50 % 4.50 %
2 181 Days upto 364 Days 5.00% 4.75%
3 365 Days upto 729 Days 7.00% 6.50%
4 730 Days upto 1095 Days 7.25% 6.75%

Loans and Advances Rate

Sr.No. Type of Loan Rate of Interest(For Public) Rate of Interest(For Societies)
1 Agricultural Term Loan For purchase of Tractors, Tailors, Threshers 13% 12%
2 For purchase of Submersible, Columns, Cables, Pipelines(Except Tube wells) 13% 12%
3 Milch Animal Unit cost per animal Rs.60 thousands 13% 12%
4 Godown Loan 13% 12%
5 RO Plant 75% of Project cost 13% 12%
6 Green House 75% of Project cost 13% 12%
7 Loan to Credit Societies-Cash Credit 12%
8 Loan to Pagar Mandlies-Cash Credit 12%
9 Hypo. Of Pesticides, Fertilizers, Consumer durables- Cash Credit 12%
10 Education Loan upto Rs.5.00 Lacs 13% 12%
11 Vehicle Loan- 75% cost of the vehicle 13% 12%
12 Nagrik Bank(Normal Cash Credit) 12%
13 Loans to Small Traders-Clean-1 Year 12% 13%
14 Bajpai Bankable 12.50%
15 Vankar Sahkari Mandli(Medium TL)Period-5 Years 12%
16 Loan to SHG Groups Clean Cash Credit-1 Year 12%
17 New–Period-10 Years-10 Insts 13% 12%
18 Repairing-5 Years-5 Insts 13% 12%