Interest Rate

Bank Interest Rate

Interest Rate list 2021

Interest Rate of Deposit w.e.f. 15.09.2021

 

Sr.No. Tenor Interest Rate (for individual) Interest Rate (for institution) Senior Citizen (Deposit more than 50,000/-and period above 1 year to 5 years)
1 15 days to 90 days 3% 3% -%
2 91 days to 180 days 4% 4% -%
3 181 days to 365 days 4.50% 4.50% -%
4 1 Year 1 day to 2 Years 5.25% 5.25% 5.50%
5 2 Years 1 day to 3 Years 5.75% 5.75% 6.00%
6 3 Years 1 day to 4 Years 5.25% 5.25% 5.50%
7 4 Years 1 day to 5 Years 5.25% 5.25% 5.50%
8 5 Years 1 day to 10 Years 5% 5% 5.50%
9 Saving Deposit 2.50% -% 2.50%

 

Interest Rate of Advances w.e.f. 15.09.2021

 

Sr.No. Type of Advance Interest Rate
1 Gold Loan 9.50%
2 Crop Loan (Interestcharging Yearly) 8.50%
3 Housing Loan up to Rs. 28 Lacs 8.75%
4 Housing Loan above Rs.28 Lacs 9%
5 Professional Loan 8.75%
6 Car Loan 8.75%
7 Two Wheeler Loan 11%
8 Loan against Salary 12%
9 Hypothecation Cash Credit (Up to 2 Lakh) 10%
10 Hypothecation Cash Credit (Over 2 Lakh) 10.50%
11 Agriculture & Allied Activities (Interest charging Yearly) 11%
12 Commercial Real Estate 14%
13 Other Secured Loan 11.75%
14 B.P./OD 14%