Rates at a quick glance

Rates at a quick glance as on 16-Oct-2017

1. Savings Bank Account

Account Nature Rate of interest Minimum Balance
Normal Senior Citizens Rural Urban Penalty
A. Domestic 4% 4% - - -
   a. With Cheque Book facility - - 1000 1000 10/month
   b. Without Cheque Book - - 250 250 10/month
   c. No Frill Account - - 0 0 Nil
B. Non Resident 4% 4% - - -
   a. NRO - - 1000 1000 10/month
   b. NRE - - 1000 1000 10/month

Fixed Deposit [Domestic]

Fixed Deposit Interest Rates with effect from 01-Feb-2021
Period General Senior Citizens
30 days 5.00% 5.50%
31 days to 46 days 5.25% 5.75%
47 days to 180 days 5.75% 6.25%
181 days to below 1 year 6.705% 7.20%
1 Year and upto 3 Years 6.70% 7.20%
Above 3 Years and up to 5 Years 6.80% 7.30%
Above 5 Years and up to 10 Years 6.90% 7.450%
Interest frequency closing may fetch 0.10% additional for 1year and above deposits.
Deposits above 1 Crore - 15 months 6.80% 7.30%

NR (E) FD interest rate with effect from 01-April-2020

1 year upto 3 years 7.00%
Deposits above 1 Crore 1 to 3 Years 7.25%

LOANS

Housing Loan Interest Rate with effect from 25-Apr-2016
Amount Interest Rate
upto Rs 10 Lakh 12.50%
Above 10 Lakh 12.90%

Housing Loan Floating

upto Rs 10 Lakh 10.50%
Above 10 Lakh 10.90%

HOUSING LOAN EMI SCHEME

Housing Loan Interest Rate with effect from 01-Apr-2020
Amount Interest Rate
upto Rs 10 Lakh 10.90%
Above 10 Lakh 11.50%

Housing Loan EMI

Housing Loan EMI 11.50%

Revised rate of Interest rates on Term Loans with effect from 01-Apr-2020

Loan Interest Rate
Mortgage Loan (Business) 12.50%
General Loans 13.50%
Over Draft 10.90%
People's Gold Overdraft 9.50%
People's Festival Overdraft 13.50%
Pensioner's Loan Scheme 12.90%
Mortgage Loan 13.50%
People's Vehicle Loan EMI 09.60%
Vehicle Loan 09.60%
Vehicle Loan against FD 08.90%

Gold Loan General Repayment Scheme (from 18/06/2020)

Advance Amount
Period
Rate per Gram
Rate
Rs 2,00,001 to Rs 10,00,000
6 Months
3,400
9.99%
Rs 2,00,001 to Rs 10,00,000
3 Months
3,500
8.99%
Rs 2,00,001 to Rs 10,00,000
1 Month
3,550
7.99%

Gold Loan Bullet Repayment Scheme (from 18-Jun-2020)

Rs 1 to Rs 2,00,000
6 Months
3,400
9.99%
Rs 1 to Rs 2,00,000
3 Months
3,500
8.99%
Rs 1 to Rs 2,00,000
1 Month
3,550
7.99%
Rs 1 to Rs 2,00,000
15 Days
3,500
6.99%

People's Special Gold Loan (from 10/03/2020)

Rs 2,00,001 to Rs 10,00,000
15 days
3600/-
6.99%

People's Gold Overdraft

Up to 25,00,000
1 Year
3200/-
9.50%

People's Gold Overdraft (Agriculture )

Up to 25,00,000
1 Year
3,200
8.50%

 

Business / Vehicle / Personal Loans

  upto 2 lakh above 2 lakh 25 lakh
1. Business Loan (Vyapari Vyavasai) 15% 15% 15%
2. Vehicle Loan 15% 15% 15%
3. Personal Loan 15% 15% 15%

Various Processing Charges related to loans wef 15.1.2008

Mortgage Loans Legal fee Land Inspection fee
Based on applied loan amount    
up to 1 lakh 150 250
Above 1 lakh and upto 3 lakh 250 350
Above 3 lakh and upto 5 lakh 300 500
Above 5 lakh and upto 10 lakh 400 100 per lakh Maximum 2000
Above 10 lakh and upto 25 lakh 500  
Above 25 lakh 750  
Loan issue Stationery Charges
Loan amount upto 10000 Rs. 30
Above 10000 & upto 25000 Rs. 60
Above 25000 & upto 50000 Rs. 125
Above 50000 & upto 2 lakh Rs. 250
Above 2 lakh & upto 5 lakh Rs. 400
Above 5 lakh & upto 25 lakh Rs. 1000
Above 25 lakh Rs. 2500

Gold Loan

Insurance Charge: 0.50% of Loan amount / No. of months actually loan availed

* Not applicable for loans availed from 28.12.2010

Custody Charges of Gold: 1% of Market value of gold pledged subject to a minimum Rs. 10

(Loan account closed but ornament not released with in 3 days)

Locker

Locker Rent Ordinary Medium Large
Rent Per Annum 750 1000 1250

Cheque

MICR Cheque Book Issue Charge

Saving Bank: 1 book containing 20 leaves free. Additional cheque book needed Rs 2 /leaf will be charged

Current/Overdraft Account: Re 1/leaf will be charged

  Inwords Outwards
Cheque Return Charges Rs. 200 Rs. 150
Cheque Collection Charge
MICR Clearing Nil
Instrument below Rs 10000 Rs. 50 + Postage
Rs. 10000 & above upto Rs 100000 Rs. 100 + Postage
Above Rs 100000 Rs. 150 + Postage

DD / MT

DD MT Commission
mount upto 1000 Rs 10
1000 & upto 5000 Rs 15
5000 & upto 10000 Rs 20
Above 10000 upto 1 lakh Rs 2/1000
Above 1 lakh Rs 20 for 10000 and Rs 1.5/1000 for balance
DD Cancellation Charges
DD Amount upto 5000 Rs 25
5001 to 25000 Rs 40
Above 25000 Rs 50
Revalidation of DD or Issue of Duplicate DD
DD Amount upto 1000 Rs 15
Above Rs 25

Savings Account, Current Account

Handling charges for stop payment of cheques Rs 50
Duplicate Pass Book Stationery Charges Rs 30
Folio Charges for Current Account Rs 25
Handling Charges for Account Closed before 1 year
With Cheque Book Rs 50
Without Cheque Book Rs 25

Term Deposit

Stationary charges for Duplicate Deposit Receipt
Deposit amount below 50000 Rs 75
50000 & above Rs 100

Safe Custody Charges

Sealed Cover Rs 50
Small Sealed Box Rs 100
Large Sealed Box Rs 300

No Dues Certificate

Issued only to A Class Share Holders
Stationary Charges Rs 25