Loans and Advances Rate

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 11% 11%
2 For purchase of Submersible, Columns, Cables, Pipelines(Except Tube wells) 12% 11%
3 Milch Animal Unit cost per animal Rs.60 thousands 12% 11%
4 Godown Loan 12% 11%
5 RO Plant 75% of Project cost 12.50% 10%
6 Green House 75% of Project cost 12% 12%
7 Loan to Credit Societies-Cash Credit   10.50%
8 Loan to Pagar Mandlies-Cash Credit   10.50%
9 Hypo. Of Pesticides, Fertilizers, Consumer durables- Cash Credit 10.50% 10.50%
10 Education Loan upto Rs.5.00 Lacs 10% 10.50%
11 Vehicle Loan- 75% cost of the vehicle 11% 10%
12 Nagrik Bank(Normal Cash Credit)   9.50%
13 Bajpai Bankable / PMEGP 12.50%  
14 Loan to SHG Groups Clean Cash Credit-1 Year 11.50%  
15 Agricultural Cash Credit Land Valuation 50% 11%