Interest Rate

Bank Interest Rate

Interest Rate of Deposit w.e.f. 02.05.2025       
Sr.No. Tenor Interest Rate (for individual) Interest Rate (for institution) Senior Citizen
1 15 days to 60 days 3.25% 3.25% 3.50%
2 61 days to 90 days 3.50% 3.50% 3.75%
3 91 days to 180 days 4.75% 4.75% 5.00%
4 181 days to 365 days 5.25% 5.25% 5.50%
5 1 Year 1 day to 2 Years 7.25% 7.25% 7.50%
6 2 Years 1 day to 3 Years 7.00% 7.00% 7.25%
7 3 Years 1 day to 4 Years 6.50% 6.50% 6.75%
8 4 Years 1 day to 5 Years 6.25% 6.25% 6.50%
9 5 Years 1 day to 10 Years 6.00% 6.00% 6.25%
10 Saving Deposit 2.50% -% 2.50%
11 Pigmy Deposit 2.50% -% 2.50%
         
Interest Rate of Advances w.e.f. 02.05.2025     
Sr.No. Type of Advance Interest Rate 5 to 10 Years 10 to 15 Years
1 Gold Loan 10.75% - -
2 Crop Loan (Interest charging Yearly) 10.00% - -
3 Agriculture & Allied Activities (Interest charging Yearly) 11.75% - -
4 Housing Loan 11.00% 11.25% 11.50%
5 Rural Housing Loan 12.00% 12.25% 12.50%
6 House Repair 12.00% 12.25% -
7 Professional Loan 10.75% 11.00% 11.25%
8 Car Loan 10.50% 10.75% -
9 Commercial Vehicle Loan 11.25% 11.50% -
10 Tractor & Trailer Loan 10.00% 10.25%  
11 Two Wheeler Loan 11.00% - -
12 Loan against Salary 11.50% - -
13 Education Loan 9.50% 9.75% 10.00%
14 Machinery Loan 11.00% 11.25% -
15 Property Mortgage Loan 12.25% 12.50% 12.75%
16 Hypothecation Cash Credit 11.00% - -
17 Cash Credit Clean 11.50% - -
18 Cash Credit Overdraft 14.00%    
19 Commercial Real Estate 14.00% - -
20 B.P./OD 17.00% - -