Loans and Advances Rate

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Loans and Advances Rate

Sr.No.

Type of Loan

Rate of Interest(For Public)

Rate of Interest(For Societies)

1

Agricultural Term Loan For purchase of Tractors, Tailors, Threshers

11%

11%

2

For purchase of Submersible, Columns, Cables, Pipelines(Except Tube wells)

12%

11%

3

Milch Animal Unit cost per animal Rs.60 thousands

12%

11%

4

Godown Loan

12%

11%

5

Green House 75% of Project cost

12%

12%

6

Loan to Credit Societies-Cash Credit

 

10.50%

7

Loan to Pagar Mandlies-Cash Credit

 

10.50%

8

Hypo. Of Pesticides, Fertilizers, Consumer durables- Cash Credit

10.50%

10.50%

9

Education Loan upto Rs.5.00 Lacs

10%

10.50%

10

Vehicle Loan- 75% cost of the vehicle

10%

10%

11

Nagrik Bank(Normal Cash Credit)

 

9.50%

12

Bajpai Bankable / PMEGP

12.50%

 

13

Loan to SHG Groups Clean Cash Credit-1 Year

11.50%

 

14

Agricultural Cash Credit Land Valuation 50%

11%

 

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