| Revised
Rate of Interest on loans and advances w.e.f. 1st May 2007. |
| PLR-Prime
Lending Rate |
11% |
| A)
Priority Sector Advances |
12.5% |
| B)
Non-Priority Sector Advances |
13.5% |
| C)
Educational Loans |
12% |
| D)
Housing Loans |
12% |
| E)
Loans to Medical Practioners |
12% |
| F)
Personal Loans |
13% |
| G)
Loans & Advances fully secured against Govt. securities
such as NSC, KVP and Surrender Value of LIC etc. |
10.5% |
ADVANCES
ABOVE 20.00 LACS - BASED ON PLR |
Advances
against our Bank Deposits in the name of Borrower / his
family member
| Upto
Rs. 5.00 Lacs |
–
|
Rate
of Interest @ 2.00% over the Deposit rate |
| Above
Rs. 5.00 Lacs |
–
|
Rate
of Interest @ 1.00% over the deposit rate |
Advances against our Bank
Deposits in the name of Third Party
Rate of Interest @ 2.50% over the Deposit rate |
|
|
| Rate
of Interest on Deposits w.e.f. 1st May 2007 |
| Period |
Interest |
| |
|
|
30 days to 45 days |
5.00%
|
| 46
days to 90 days |
6.00%
|
| 91
days to 180 days |
7.00% |
| 181
days to less than 1 year |
8.00% |
| 1
year and above but less than 2 years |
8.50
% |
| 2
years and above upto 3 Years |
9.00% |
| Above
3 years |
8.50% |
|
| •
Additional
1% Interest to Senior Citizens of 60 years & above ; on deposit
of 3 months & above.
|
| •
Additional ½% Interest to Charitable Trusts, Co-op Societies
& Educational Institutions (Regd.) |
New
Term Deposit Schemes
|
Name of the Scheme
|
Validity
|
Period
|
Rate
of Interest
|
Nav
Jeevan Samrudhi (Minimum Amount Rs. 10,000/-)
|
Upto
30-6-07
|
15
Months
|
General
– 10%
Senior
Citizens & Institutions – 10.5%
|
Cricket
World-Cup 2007
|
Upto
30-6-07
|
4
Years
|
Common
for All -10.25%
|
|
Door Service to Senior Citizens by making a Phone Call to your
nearest branch.
|
| |
