Rate of Interest on Loans and Advances
Rate of Interest (except where mentioned otherwise) is linked with BPLR (after adjustment with BPLR rate). Current BPLR is 14.25%.
| Annexure: Rate Of Interest | |||||
| Name of Loan Schemes | Criteria | Revised Rates (w.e.f. 01.05.2025) | Interest Table Code | ||
| Kisan Credit Card | Up to Rs. 3.00 Lakh | 9.00% (7% p.a. where account is regular and timely rollover) | KCC01 (For New Accounts),KCC2L (For existing A/Cs) orKCC3L (For existing A/Cs) | ||
| >Rs. 3.00 Lakh to 25.00 lakh | 11.00% | KCC01 (For New Accounts),KCC5L (For new or existing A/Cs) | |||
| > Rs. 25.00 Lakh | 11.00% | KCC01 (For New Accounts).KCC5L (For new or existing A/Cs) | |||
| Indirect Agriculture & other priority sector loan schemes e.g. Krishi Samagri Vyavsayi Yojna, ACABC, Slaughter House, , Solar Photovoltaic System ,Krishak Awas Yojana, Rural Godowns | Up to Rs. 3.00 Lakh | 9.00% | AGPRO | ||
| >Rs. 3.00 Lakh to 25.00 lakh | 11.00% | AGPRO | |||
| > Rs. 25.00 Lakh | 11.50% | AGPRO | |||
| Krishak Awas Rin Yojana | All Cases | 11.00% | LA056 | ||
| Prof. & Self Employed | Up to Rs. 3.00 Lakh | 10.40% | MSME4- CC TYPE SCHEME ,MSPS1-OD Type Scheme & LMSME- LAA TYPE SCHEME | ||
| >Rs. 3.00 Lakh to 25.00 lakh | 10.90% | MSME4- CC TYPE SCHEME, MSPS2-OD Type Scheme & LMSME- LAA TYPE SCHEME | |||
| >25.00 lakh | 11.40% | MSME4- CC TYPE SCHEME, MSPS3-OD Type Scheme & LMSME- LAA TYPE SCHEME | |||
| Saral Vyapar Yojna | 1.Up to Rs. 10.00 Lakh | Up to Rs. 10.00 Lakh (Fixed Rate) | 10.50% | OD006- ODATYPE SCHEME & LA061- LAA TYPE SCHEME | |
| 2.Above 10.00 Lac,(Cr. Rating Based) | Credit Rating | Interest Rate | FOR ODA TYPE | FOR LAA TYPE | |
| A+ | 9.50% | SVYA1 | SVLA1 | ||
| A | 10.40% | SVYA2 | SVLA2 | ||
| B+ | 11.50% | SVYB1 | SVLB1 | ||
| B | 12.60% | SVYB2 | SVLB2 | ||
| C & D | 13.70% | SVYC1 | SVLC1 | ||
| Farm Mech Scheme (Tractor, Power Triller & Harvester) and other Direct Agri Invest. Credit Schemes viz Kisan Sulabh Loan, Agri. Land Purchase, OFWM, Agri. Implements, Dairy, DEDS, Fisheries, Piggeries, Sheep/Goat. Poultry, Deep Borewell, FPC, Agri Junction, Debt Swap, Horticulture, Loan for cold storage & Loan Against Ware House or Cold Storage Receipt. |
Up to Rs. 3.00 Lakh | 9.00% | AGINV | ||
| >Rs. 3.00 Lakh to 25.00 lakh | 10.50% | AGINV | |||
| > Rs. 25.00 Lakh | 10.50% | AGINV | |||
| General Credit Card (GCC), SCC & WCC | Up to Rs. 3.00 lakh | 11.00% | CC006-MSME6 & CC005-MSME7 | ||
| >Rs. 3.00 Lakh up to Rs. 10.00 lakh | 11.50% | CC006-MSWCC & CC005-MSGCC | |||
| Loan Above Rs. 10.00 lakh Credit Rating Based | CCA | LAA | |||
| A+ | 9.50% | MSCC1 | MSMA1 | ||
| A | 10.40% | MSCC2 | MSMA2 | ||
| B+ | 11.50% | MSCC3 | MSMA3 | ||
| B | 12.60% | MSCC4 | MSMA4 | ||
| C | 13.70% | MSCC5 | MSMA5 | ||
| D | 15.00% | MSCC6 | MSMA6 | ||
| MSME (Up to Rs. 10.00 Lakh) Micro / Small Enterprises | Up to Rs. 3.00 lakh | 11.00% | MSME4- CC TYPE SCHEME & LMSME- LAA TYPE SCHEME | ||
| >Rs. 3.00 Lakh up to Rs. 10.00 lakh | 11.50% | MSESM- CC TYPE SCHEME & LMSME- LAA TYPE SCHEME | |||
| MSME Above Rs. 10.00 Lakh (Credit Rating Based) |
Loan Above Rs. 10.00 lakh Credit Rating Based | Interest Rate | CCA | LAA | |
| A+ | 9.50% | MSCC1 | MSMA1 | ||
| A | 10.40% | MSCC2 | MSMA2 | ||
| B+ | 11.50% | MSCC3 | MSMA3 | ||
| B | 12.60% | MSCC4 | MSMA4 | ||
| C | 13.70% | MSCC5 | MSMA5 | ||
| D | 15.00% | MSCC6 | MSMA6 | ||
| Trade Finance - Working Capital |
Up to Rs. 3.00 lakh | 11.00% | MSME4- CC TYPE SCHEME & LMSME- LAA TYPE SCHEME | ||
| >Rs. 3.00 Lakh up to Rs. 10.00 lakh | 11.50% | MSTRA- CC TYPE SCHEME & LMSME- LAA TYPE SCHEME | |||
| As per MSME based on credit rating | CCA | LAA | |||
| A+ | 9.50% | MSCC1 | MSMA1 | ||
| A | 10.40% | MSCC2 | MSMA2 | ||
| B+ | 11.50% | MSCC3 | MSMA3 | ||
| B | 12.60% | MSCC4 | MSMA4 | ||
| C | 13.70% | MSCC5 | MSMA5 | ||
| D | 15.00% | MSCC6 | MSMA6 | ||
| Road Transport Operator (SRTO) |
Upto Rs 10.00 lakh | Up to Rs. 3.00 lakh | 11.00% | LSRTA | |
| >Rs. 3.00 Lakh up to Rs. 10.00 lakh | 11.50% | LSRTA | |||
| Above Rs. 10.00 Lakh-Rating Based | Credit Rating | Credit Rating based | |||
| A+ | 9.50% | RTOA1 | |||
| A | 10.40% | RTOA2 | |||
| B+ | 11.50% | RTOB1 | |||
| B | 12.60% | RTOB2 | |||
| C | 13.70% | RTOC1 | |||
| D | 15.00% | RTOD1 | |||
| SHG |
Up to Rs. 3.00 Lakh | 7.00% | LNSHG-SHG | SHG02 | |
| >Rs. 3.00 Lakh & upto Rs. 5.00 Lakh | 10.00% | LANRL-NRLM | CCNRL | ||
| Above Rs. 5.00 Lakh | 12.40% | LNNU1-NULM | CCNUL | ||
| JLG | Interest rate same as applicable on the type (scheme) of finance | ||||
| Housing Loan –(Including Home Improvement) (CIBIL Score Based) |
CIBIL (Credit Vision) Score | TABLE CODE | |||
| 800 & above | 8.20% | TH800 | |||
| 799 to 751 | 8.40% | HLP03 | |||
| 726 to 750 | 8.65% | HLP02 | |||
| 701 to 725 | 8.85% | HLP01 | |||
| 700 and Below | 9.50% | HLP04 | |||
| CIBIL (-1) | 8.40% | HLS01 | |||
| Education Loan Scheme |
Floating | ||||
| Up to Rs. 04.00 Lakh (0.5% rebate-Girl Student) | 10.50% | LNEDU(USE PREFRENTIAL FOR 0.5% REBATE) | |||
| >4.00 L to 7.50 L (0.5% rebate-Girl Student) | 10.50% | LNEDU(USE PREFRENTIAL FOR 0.5% REBATE) | |||
| > Rs. 7.50 Lakh (0.5 % rebate-Girl Student) | 11.15% | LNEDU(USE PREFRENTIAL FOR 0.5% REBATE) | |||
| Fixed | |||||
| Up to Rs. 04.00 Lakh (0.5% rebate-Girl Student) | 13.05% | LEF01 | |||
| >4.00 L to 7.50 L (0.5% rebate-Girl Student) | 13.05% | LEF02 | |||
| > Rs. 7.50 Lakh (0.5 % rebate-Girl Student) | 14.55% | LEF03 | |||
| Education Loan (Premier Inst) such as IIM-Ahmadabad/ Kolkata/ Bangalore/ XLRI-Jamshedpur etc. |
Type of Institution | ||||
| A | 8.15% | TEL0A | |||
| B | 8.45% | TEL0B | |||
| C | 9.75% | TEL0C | |||
| D | 9.95% | TEL0D | |||
| Loan for Bank Premises |
All cases | 11.00% | LA010 | ||
| PM Svanidhi Yojana |
All Cases | 14.75% | PMSVN | ||
| Loan Against Future Rent Receivables. | All Cases | 12.00% | FRRT1 | ||
| NHFDC (Interest Rebate of 1% for Women) | Up to Rs. 50,000/- | 5.00% | LAFX8-LAA Type Scheme NHFDC-CCA Type scheme |
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| >Rs. 50000 to 5.00 Lakh | 6.00% | LAFX8-LAA Type Scheme NHFD6-CCA Type scheme |
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| > Rs. 5.00 Lakh to Rs. 15.00 lakh | 7.00% | LAFX8-LAA Type Scheme NHFD7-CCA Type scheme |
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| > Rs. 15.00 Lakh to Rs. 30.00 lakh | 8.00% | LAFX8-LAA Type Scheme NHFD8-CCA Type scheme |
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| > Rs. 30.00 Lakh to Rs. 50.00 lakh | 9.00% | LAFX8-LAA Type Scheme NHFD9-CCA Type scheme |
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| Car Loan Scheme |
CIBIL (Credit Vision) Score | preferred | non-preferred | ||
| 768 & above | 8.85% | CLP03 | CLN03 | ||
| 726 to 767 | 9.40% | CLP02 | CLN02 | ||
| 675 to 725 | 10.60% | CLP01 | CLN01 | ||
| Below 675 | 12.00% | CLP04 | CLN04 | ||
| CIBIL (-1) | 9.40% | CLP02 | CLN02 | ||
| CLS01 | NA | ||||
| Electric Vehicle | |||||
| 775 & Above | 8.75% | TC775 | |||
| Personal Loan Scheme including Shikshak Samman Yojna (CIBIL Score Based) Existing customers having account relationship with us |
CIBIL (Credit Vision) Score | TABLE CODE | |||
| Floating | TL | OD | |||
| 800 & above | 10.50% | PLP04 | ODPL1 | ||
| 750-799 | 11.00% | PLP03 | ODPL2 | ||
| 700-749 | 11.50% | PLP02 | ODPL3 | ||
| Below 700 | 13.00% | PLP01 | ODPL4 | ||
| CIBIL (-1) & 0 | 11.50% | PLP05 | ODPL5 | ||
| Personal Loan-Other cases i.e. for applicant having account relationship with other Bank |
768 & above | 14.45% | PLN04 | ||
| 726 to 767 | 15.45% | PLN03 | |||
| 700 to 725 | 16.45% | PLN02 | |||
| Below 700 | 17.45% | PLN01 | |||
| CIBIL (-1) | 15.45% | PLN05 | |||
| CIBIL (0) | NA | NA | |||
| Personal Loan to Staff | CIBIL N.A. | 10.50% | PLS01 | ||
| Loan to Doctors | Up to Rs. 3.00 Lakh | 10.00% | LNDOC-LAA SCHEME &ODDOT-ODA SCHEME | ||
| >RS. 3.00 LAKH upto Rs. 25.00 lakh | 11.00% | LNDOC-LAA SCHEME &ODDTR-ODA SCHEME | |||
| >Rs.25.00 lakh Bases on Rating |
Interest Rate | ||||
| ODA | LAA | ||||
| A+ | 10.00% | DOOD1 | DOCA1 | ||
| A | 10.50% | DOOD2 | DOCA2 | ||
| B+ | 10.75% | DOOD3 | DOCA3 | ||
| B | 11.75% | DOOD4 | DOCA4 | ||
| C | 14.00% | DOOD5 | DOCA5 | ||
| D | 14.50% | DOOD6 | DOCA6 | ||
| Property Loan Scheme | Against Residential Property | Cibil Score 750 & Above | 10.55% | ||
| Cibil Score 700 To 749 | 10.75% | LA062-LAA & OD005-ODA AND USE PREFRENTIAL FOR RESIDENTAIL PROPERTY | |||
| Cibil Score -1 | 10.75% | ||||
| Cibil Score 675 to 699 | 11.55% | ||||
| Cibil Score Below 675 | 12.35% | ||||
| Against Commercial Property & others | Cibil Score 750 & Above | 10.95% | |||
| Cibil Score 700 To 749 | 11.15% | ||||
| Cibil Score -1 | 11.15% | ||||
| Cibil Score 675 to 699 | 11.95% | ||||
| Cibil Score Below 675 | 12.85% | ||||
| LABOD-Public |
All Cases | 1.00% more than FD Rate | USE PREFRENTIAL | ||
| LABOD-Staff |
All Cases | 1.00% more than FD Rate | USE PREFRENTIAL | ||
| LABOD-Third Party |
All Cases | 2.00% more than FD Rate or 9.00% which is higher | USE PREFRENTIAL | ||
| Loan Against LIC Policy-Public |
All Cases | 11.50% | LA026,ODKVP | ||
| Loan Against LIC Policy-Staff |
All Cases | 11.50% | LA026(USE PREFRENTIAL) | ||
| Loan Against NSC/KVP (Public) |
All Cases | 11.50% | LA028 | ||
| Loan Against NSC/KVP (Staff) |
All Cases | 1.00% over NSC/KVP Rate | USE PREFRENTIAL | ||
| Loan to BCs/VLEs | All Cases | 10.90% | USE PREFRENTIAL | ||
| Krishi Udyami Swavlamban Yojna | Up to Rs. 3.00 Lakh | 10.00% | LNKSY | ||
| >Rs. 3.00 Lakh | 11.00% | LNKSY | |||
| Solar |
Up to Rs. 3.00 Lakh | 10.65% | LSOLR | ||
| >Rs. 3.00 Lakh | 11.90% | LSOLR | |||
| PM Suryghar Muft Bill Yojna | Upto 3.00 KW | For Home Loan/ Non Home Loan | 7% | ||
| 3.00 KW to 10.00 KW | Same As House Loan/ House Loan + 1% | Existing HL+1% | |||
| BP/TOD | All Cases | 18.00% | TODBP | ||
| Two Wheeler Loan Scheme |
All Cases | 13.65% | LA060- NON PREFERRED & LA059- PREFERRED | ||
| Kisan Tatkal Rin Yojana |
As per Direct Agriculture Loans(9%) | AS PER SCHEME | |||
| MUDRA LOANS /SME(PMMY) |
To be applied according to purpose wise | AS PER SCHEME | |||
| Stand Up India |
To be applied according to purpose wise | AS PER SCHEME | |||
| Top Up Loan facility to existing Home Loan Borrowers |
All Cases including Staff | 9.90% | LA066 | ||
| NSFDC (Interest Rebate of 1% for Women) |
MICRO-CREDIT FINANCE SCHEME (MCF) | 5.00% | LAFX2 | ||
| LAGHU VYAVASAY YOJNA(LVY) | 6.00% | LAFX2 | |||
| MAHILA SAMRIDHI YOJNA (MSY) | 4.00% | LAFX2 | |||
| TERM LOAN Up to Rs.5.00 lakh | 6.00% | LAFX2 | |||
| >Rs.5.00 lakh & up to Rs.10.00 lakh | 8.00% | LAFX2 | |||
| >Rs.10.00 lakh & up to Rs.20.00 lakh | 9.00% | LAFX2 | |||
| >Rs.20.00 lakh & up to Rs.27.00 lakh | 10.00% | LAFX2 | |||
| NSKFDC (Interest Rebate of 1% for Women) |
Term Loan | 6.00% | LAFX1(USE PREFRENTIAL FOR 1% REBATE) | ||
| Mahila Adhikarita Yojna (MAY) | 5.00% | LAFX1(USE PREFRENTIAL FOR 1% REBATE) | |||
| Mahila Samridhi Yojna (MSY) | 4.00% | LAFX1(USE PREFRENTIAL FOR 1% REBATE) | |||
| Micro Credit Finance (MCF) | 5.00% | LAFX1(USE PREFRENTIAL FOR 1% REBATE) | |||
| Education Loan | 4.00% | LAFX1(USE PREFRENTIAL FOR 1% REBATE) | |||
| Sanitation Workers Rehabilitation Scheme (SWRS) | 6.00% | LAFX1(USE PREFRENTIAL FOR 1% REBATE) | |||
| Sanitary Mart Scheme | 4.00% | LAFX1(USE PREFRENTIAL FOR 1% REBATE) | |||
| PMKUSUM |
Up to Rs 3.00 Lakh | 9.00% | LA096 | ||
| > Rs 3.00 Lakh to Rs 25.00 Lakh | 11.00% | LA096 | |||
| > Rs 25.00 Lakh | 11.50% | LA096 | |||
| Agriculture Infrastructure Fund | All Cases | 9.00% | PMKUS -CCA SCHEME & LA081 FOR LAA SCHEME | ||
| New Tractor Loan Schemes |
Agriculture end use | 13% | LA 434-LA072 | ||
| Agriculture cum Commercial Use | 13.50% | ||||
| (i) Agriculture use | LA435-LA071 | ||||
| (ii) Commercial Use | LA438-LA071 | ||||
| Tatkal Tractor Loan | 14% | LA433-LA072 | |||
| PMFME |
Upto Rs 3.00 Lakh | 9.00% | PMFME-FOR CCA SCHEME & LA082 - FOR LAA SCHEME) | ||
| > Rs 3.00 Lakh | 11.00% | CCFME-FOR CCA SCHEME & LA082 - FOR LAA SCHEME) | |||
| GOLD Loan |
Retail | 9.15% | LA535-TERM LOAN OD015-OVERDRAFT |
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| MSME | 9.25% | LA535-TERM LOAN OD015-OVERDRAFT |
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| Agriculture | 8.75% | LA537-TERM LOAN OD015-OVERDRAFT |
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| All other loans which are not mentioned above | Loan Amount | Priority Sector/Non-PS | PS | NPS | |
| Up to Rs. 50,000/- | 13.15%/13.90% | LA006 | LA007 | ||
| >Rs. 50,000/- to Rs. 2.00 Lakh | 13.9%/15.40% | LA006 | LA007 | ||
| > Rs. 2.00 Lakh to Rs.20.00Lakh | 15.4%/16.90% | LA006 | LA007 | ||
| Above Rs.20.00 Lakh | |||||
| DRI | 4.00% | Use Preferential | |||
| PM Vishwakarma Loan | 5.00% | LPMV1 | |||
| NBCFDC | For Income Generation Activity | Upto 1.25 Lakh | 7.00% | NBCIG | |
| Above 1.25 to 15.00 lakh | 8.00% | NBCIG | |||
| For Education | Upto 15.00 lakh | 8.00% | NBCEL | ||
| Gropu Loan Scheme | Upto 15.00 lakh per Group | 6.00% | NBCGL | ||