|
Interest Rates
Deposits
Effective from 16th November, 2008
| Type of Deposit |
Rate of Interest(per annum) |
| Fixed Deposits |
| 3 Months |
4.00% |
| 6 Months |
4.50% |
| 1 Year |
|
| Upto Rs 10 Million |
6.00% |
| Above Rs 10 Million |
6.25% |
| 2 Years |
|
| Upto Rs 10 Million |
6.25% |
| Above Rs 10 Million |
6.75% |
| Above 2 Years |
|
| Upto Rs 10 Million |
6.75% |
| Above Rs 10 Million |
7.00% |
| Demand Deposit* |
|
| Below 50 million |
8.00% |
| 50 million and above |
8.50% |
| Savings |
| Shuva-Lav Premium Savings** |
6.75% |
| Shuva-Lav Savings |
5.00% |
| Shareholder's Savings |
5.00% |
| Saving Deposit |
4.50% |
| Special Saving Deposit |
|
| Prime |
4.00% |
| Others |
3.50% |
| Naari Savings Deposit*** |
5.25% |
| USD Saving |
2.50% |
* Conditions Apply
** Conditions Apply, Minimum Balance: Rs. 10,000
*** Interest on Daily Balance/Applicable to all branches
Loans And Advances
Effective from 16th November, 2008
| Rate of Interest(per annum) |
| Types of Loan |
|
Prime |
Others |
| Overdraft |
Corporate/Industry |
10.50% |
11.50% |
| |
Trading |
11.00% |
12.00% |
| |
Others |
11.50% |
12.50% |
| Term Loan |
|
11.00% |
12.00% |
| Short Term Loan |
| a. Revolving Working Capital |
Corporate/Industry |
10.50% |
11.50% |
| |
Personal |
11.00% |
12.00% |
| b. Demand Loan |
Corporate/Industry |
10.50% |
11.50% |
| |
Trading |
11.50% |
12.50% |
| Contract Loan |
|
11.50% |
12.50% |
| Time Loan |
|
8.50% |
9.50% |
| Import Credit |
|
8.50% |
9.50% |
| Export Credit |
|
8.50% |
9.50% |
| Loan against shares |
|
10.00% |
11.00% |
| Other Loan |
|
12.00% |
13.00% |
| Mortgage Loan |
|
11.00% |
12.00% |
| Hire Purchase |
|
|
10.50% |
| Consumer Finance |
|
10.00% |
11.00% |
| House Loan |
Upto 5 years |
|
9.50% |
| |
Above 5 years |
|
10.50% |
| Loan against Bank Guarantee |
|
|
9.50% |
| Education Loan |
|
|
10.50% |
| DCBL Cash Credit |
|
|
10.50% |
| Laon against Fixed Deposit |
|
|
+2 or 7.00% whichever is higher |
| Consortium Finacing |
|
|
As per consortium decision |
| Generator Loan |
|
|
10.00% |
|
|
 |
Wed, January 07, 2009
|
