"Our Bank’s maximum lending
rate is 17.75 %" p.a.”
The above rates are subject to revision by the Bank from time to time
ANNEXURE - I
INTEREST RATE STRUCTURE FOR DOMESTIC ADVANCES EFFECTIVE FROM 01.05.2008
Prime Lending Rate : 14.75 % (w.e.f 01.05.2008)
Rate of Interest on Advances for Agricultural purposes: (not related to PLR)
Sl.No.
Size of the Limit / Loan
Existing rate of Interest
(% p.a.,)
Revised rate of Interest (%p.a)
Agricultural Jewel Loans:
01
Upto & inclusive of Rs. 2.00 lakhs
9.00
9.00
02
Over Rs. 2.00 lakhs and upto Rs. 3.00 lakhs
10.50
10.50
03
Over Rs. 3.00 lakhs and upto Rs. 5.00 lakhs
12
12.00
04
Over Rs. 5.00 lakhs
14
14.00
Other Agri. Credits : (inclusive of KCC)
05.
Upto & Inclusive of Rs.50000/-
9
9
06.
Over Rs.50000/- but Upto & Inclusive of Rs.2.00 lakhs
10
10
07
Over Rs.2.00 lakhs but Upto Rs.3.00 lakhs
11
11
08
Over Rs. 3.00 lakhs but upto Rs.5.00 lakhs
12
12
09
Over Rs.5.00 lakhs
14
14
10
Advances against deposits for agri purposes
1% over the rate of interest on deposits
1% over the rate of interest on deposits
11
D R I ADVANCES
4.00
4.00
12
Advances to farmers against agricultural commodities/warehouse receipts/cold storage bonds a) upto Rs. 5.00 lakhs
b)
Over Rs. 5.00 lakhs upto Rs. 10.00 lakhs
c) Above Rs. 10.00 lakhs
9.75
10.75
13.75
9.75
10.75
14.75
13
Advances to Self Help Groups (SHGs)
11.00
11.00
14
Advances under Swarojkar Credit Cards (SCC)
Upto Rs. 50000
Above Rs. 50000
9.00
13.75
9.00
14.75
15
Advances under General credit Card (GCC)
Upto Rs. 25,000/- only
13.75
14.75
Rate of Interest on Advances under General Category: (related to PLR)
Sl.
No.
Size of the Limit
Existing rate of Interest
(% p.a.,)
Revised rate of Interest (%p.a)
Jewel Loans: (Non-Agri)
01
Jewel Loan (upto & inclusive of Rs.50000/-for Non - Agri purpose/personal consumption purposes
11.00
11.00
02
All Other Jewel Loan (Over Rs. 50000 but upto & Inclusive of Rs.2.00 ) (for Non - Agricultural purpose / personal consumption purposes)
14.00
14.00
03
Over Rs. 2.00 lakhs – Non-agri purpose
15.25
15.25
Other Credits :
(all categories of business credits)
04.
Upto & Inclusive of Rs. 2.00 lakhs
(For business purpose)
13.75
14.75
05.
Over Rs. 2.00 lakhs
15.25
16.25
06
Lendings for Commercial Real Estate and Capital Market Exposure
16.00
16.75
07
Housing loans
(Other than under Swayam Graha Scheme)
15.25
16.25
08.
Loans for purchase of Consumer Durables, two/four wheelers and other consumer loans , personal loans (irrespective of the quantum of Advance i.e., those which are not coming under banks own loan schemes)
15.25
16.25
09.
Advances against (own) deposits with a minimum margin of 10%
(For LAD/ODAD a/cs. of Rs. 25 lacs &
above)
1% over the rate of interest on deposits
1% over the rate of interest on deposits
10.
Advances against (own) deposits with a minimum margin of 10%
(For LAD/ODAD a/cs. of less than Rs. 25
lakhs)
2% over the rate of interest on deposits
2% over the rate of interest on deposits
11.
Advances against third party deposits
At commercial rates as applicable to the quantum of advance and purpose/activity
At commercial rates (i.e.,) as applicable to the quantum of advance and purpose / activity.
12
ToD in current account
16.50
16.75
13
For S.T increase in OD/CC limits
--
2% over & above the applicable rate
C. Rate of Interest for Advances under Special Loan Schemes:
Name of the Scheme
Existing Rate of Interest (%)
Revised rate of interest
CUB Consumer Loan
14.00
15.00
CUB Easy Ride
12.50
13.50
CUB Yoga Vahana
12.50
13.50
CUB Sulabh
14.00
15.00
CUB Sona
PLR
14.75
CUB Bazaar
17.75
17.75
CUB Vyapar
PLR+1.75%
16.50
CUB Dharani (Special)
PLR+0.75%
15.50
CUB Dharani
a) Upto & inclusive of Rs. 2.00 lakhs
12.50
13.50
b) Over Rs. 2.00 lakhs
14.00
15.00
CUB Swayam Griha
= > Upto Rs.10 lakhs
= > Above Rs.10 lakhs and upto Rs.15 lakhs
= > Above Rs. 15 lakhs and upto Rs. 20 lakhs
=> Above Rs. 20 lakhs and upto Rs. 25 lakhs
=>
Above Rs 25 lakhs and upto Rs. 30 lakhs
11.50
12.50
13.50
14.00
--
11.50
12.50
13.50
14.00
14.50
CUB Vidhya Vani
=> Upto Rs.4.00 lakhs
=> Above Rs.4.00 lakhs
12.50
13.50
14.75
15.75
Special Loan Scheme to RTOs. ***
For advances Secured by new vehicles alone
(without any collateral)
9.50
12.00
For advances Secured by vehicles & any other collateral (value of collateral – Min 50%)
9.50
11.50
For Tie-up arrangement for Tractors, Dairy projects, Palm oil, Casuarina etc
As per individual tie-up schemes in force
***besides buses it includes loans for new vans, tourist taxi, truck auto and tempo
Annexure – II
Interest rates on Rupee Export credit
Categories of Export Credit
Existing ROI (Upto 30.04.08)
ROI % p.a. (w.e.f 01.05.2008)
A. Pre-shipment credit
a) upto 180 days
11
12.25
b) Pre-shipment credit beyond 180 days and upto 270 days
13.50
14.50
c) Against incentives receivable from Government covered by ECGC guarantee upto 90 days
10.00
11.25
B. Post-shipment credit
a) On demand bills for transit period as specified by FEDAI
11.00
12.25
b) Usance bills (for total period comprising usance period of export bills, transit period as specified by FEDAI and grace period, wherever applicable)
i)I) upto 90 days
ii)Ii) beyond 90 days and upto 6 months from date of shipment
11.00
12.00
12.25
13.00
c) Against incentives receivable from Government covered by ECGC guarantee upto 90 days
10.00
11.00
d) Against un drawn balance upto 90 days
10.00
11.00
E. Against retention money (for supplies portion only) payable within one year from date of shipment - upto 90 days
10.00
11.00
F. Export credit not otherwise specified (ECNOS)
15.25
16.25
Note:
The above interest rate is applicable upto 31.10.2008
2% interest subvention eligible upto 31.03.2009 for all types of SME sector, Engineering products, Processed Agriculture products, Sports goods and Toys
4% interest subvention eligible upto 31.03.2009 for Leather and Leather manufacturers, Marine products, Handicrafts and all categories of textiles including Ready Made Garments and carpets but excluding man made fibre.
