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Interest Rate

Interest Rate of Fixed Deposit w.e.from 20/02/2023

Category DurationInterest Rate
NormalUpTo 45 Days6.00
NormalUpTo 90 Days6.50
NormalUpTo 179 Days7.00
NormalUpTo 364 Days7.25
NormalUp to 728 Days8.25
NormalTwo Year & above8.00

Senior Citizens have something even more to be happy about. They are entitled to get 0.50% extra interest on deposits

Interest Rate of Loans  w.e.from 01-06-2018

Loan TypeLoan Limit (Rs.)Rate of Interest
Short Term Agricultural Loan
a) K.C.C/K.G.C. Up to 10,00,0007%
b) K.C.C (Paddy)Up to 25,0000%
Agricultural Allied Short Term Loan
a) Short Term Agricultural Allied LoanUp to 3,00,000 9.5%
b) Gold Loan (Agricultural Allied)Up to 3,00,000 8%
Agricultural Allied Medium Term Loan LoanUp to 3,00,000 8%
Gold Loan
a) Gold Loan Ordinary (1 Year)Up to 25,00,00010%
b) Gold Loan Special (6 Months)Up to 25,00,0009.5%
c) Gold Loan Super (3 Months)Up to 25,00,0009%
d) Gold Loan Star (1 Month)Up to 25,00,0008%
e) Gold Cash CreditUp to 25,00,00011%
Medium Term Loans
a) Scheme Loan
i) Mangalya SoothraUp to 25,000 0%
ii) Treatment for Deadly DeceaseUp to 1,50,0000%
iii) SGSY / Kudumbasree LoanUp to 5,00,0008%
iv) Home LoanUp to 25,00,0009%
v) Vehicle LoanUp to 10,00,0009.5%
vi) Professional Education for ChildrenUp to 10,00,0009.5%
vii) Other Scheme LoansUp to 25,00,0009.5%
b) Non Scheme LoansUp to 10,00,00010%
Long Term Loans
i) Home LoanUp to 25,00,0009%
ii) Vehicle LoanUp to 10,00,0009.5%
iii) Professional Education for ChildrenUp to 10,00,0009.5%
iv) Purchase of Land or IndustrialUp to 25,00,0009.5%
Short Term Loan
a) General PurposeUp to 10,00,00011.5%
Cash Credit Loan
a) Business Cash CreditUp to 25,00,00011.50%
b) Muttathe Mulla for SHGUp to 20,00,0008 %
c) Miscellaneous Cash Credit MCCUp to 10,00,00012 %