|
Revised Rate of Interest on loans and
advances w.e.f. 1st August 2008. |
|
PLR-Prime Lending
Rate |
12.5% |
| A)
Priority Sector Advances
|
|
|
i) Upto Rs. 5.00 lacs
|
12.5% |
|
ii) Above Rs. 5.00 lacs
|
13% |
| B)
Non-Priority Sector Advances |
13.5% |
| C)
Educational Loans |
11% |
| D)
Housing Loans |
12% |
| E)
Loans to Medical Practioners/Professionals |
12% |
| F)
Personal Loans |
13.5% |
| G)
Loans & Advances fully secured against Govt. securities
such as NSC, KVP and Surrender Value of LIC etc. |
11% |
|
ADVANCES ABOVE 25.00 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 |