| Product |
Interest rate as per Base rate (BR+Spread+TP)
w.e.f 01.08.2011 |
| 1. All agricultural loans and Agri Structured Products / Schemes |
| Upto Rs.50,000/- (WC) |
BR+0.75+0.5=12.00 % |
| Upto Rs.50,000/- (TL) |
BR+0.75+1=12.50 % |
| Above Rs.50,000/- upto Rs.2.00 lakhs - (WC) |
BR+2.0+0.5=13.25 % |
| Above Rs.50,000/- upto Rs.2.00 lakhs - (TL) |
BR+2.0+1=13.75 % |
| Above Rs.2.00 lakhs upto Rs.5 lakhs - (WC) |
BR+3.0+0.5=14.25 % |
| Above Rs.2.00 lakhs upto Rs.5 lakhs - (TL) |
BR+3.0+1=14.75 % |
| Above Rs.5.00 lakhs (WC) |
BR+3.5+0.5=14.75 % |
| Above Rs.5.00 lakhs (TL) |
BR+3.5+1=15.25 % |
| I.(a) IBKC/Crop Loans / Jewel loan agri for crop production purposes sanctioned to individuals up to Rs.3.00 lakhs will continue to be charged at 7.00% as per extant interest subvention scheme of the Government of India. |
| 2. Coffee and tea growers |
| Existing A/Cs: Upto Rs.2.00 lakhs (WC) |
As applicable to all other agri advances as per item I above |
| Existing A/Cs: Upto Rs.2.00 lakhs (TL) |
As applicable to all other agri advances as per item I above |
| Existing A/Cs: Rs.2.00 lakhs and above (WC) |
BR+1.5+0.5=12.75 % |
| Existing A/Cs: Rs.2.00 lakhs and above (TL) |
BR+1.0+1=12.75 % |
| New A/Cs: Upto Rs.2.00 lakhs (WC) |
As applicable to all other agri
advances as per item I above |
| New A/Cs: Upto Rs.2.00 lakhs (TL) |
As applicable to all other agri
advances as per item I above |
| New A/Cs: Rs.2.00 lakhs and above (WC) |
BR+2.0+0.5=13.25 % |
| New A/Cs: Rs.2.00 lakhs and above (TL) |
BR+1.5+1=13.25 % |
| 3. Poultry advances (Irrespective of the limit – existing / New units subject to rating of the account being above ‘C’ under RAM) |
| Existing Units (WC) |
BR+1.25+0.5=12.50 % |
| Existing Units (TL) |
BR+0.75+1=12.50 % |
| New Units (WC) |
BR+1.75+0.5=13.00 % |
| New Units (TL) |
BR+1.25+1=13.00 % |
| 4. Farm Mechanization (including second hand tractors and maintenance of tractors) |
| Upto Rs.50,000/- |
BR+0.75+1=12.50 % |
| Above Rs.50,000/- upto Rs.2.00 lakhs |
BR+1.75+1=13.50 % |
| Above Rs.2 lakhsupto Rs.5.00 lakhs |
BR+2.00+1=13.75 % |
| Above Rs.5.00 lakhs |
BR+2.75+1 = 14.50 % |
| 5.(a). Post Harvest Financing - Direct: |
| Upto Rs.50,000/- |
BR+0.75+0.5 = 12.00 % |
| Above Rs.50,000/- upto Rs.2.00 lakhs |
BR+2.0+0.5 = 13.25 % |
| Above Rs.2 lakhs upto Rs.5.00 lakhs |
BR+3.0+0.5 = 14.50 % |
| Above Rs.5.00 lakhs |
BR+3.5+0.5 = 14.75 % |
| 5.(b). Post Harvest Financing - Indirect: |
| Construction of godowns / cold storage units : Irrespective of limit |
BR+0.75+1 = 12.50 % |
| Produce marketing loan – Indirect finance to farmers : Irrespective of limit |
BR+2.75+0.5 = 14.00 %
|
| 6. Development/Strengthening of agri marketing infrastructure, grading and Standardization |
| Irrespective of limit |
BR+1.25+0.5 = 12.50 % |
| 7. SHG Bank Linkage Programme (including SHG derivatives – Project Shakthi and Vidya Shoba) |
| STL upto 35 months / OD/CC : Upto Rs.2.00 lakhs |
BR+1.5+0.5 = 12.75 % |
| STL upto 35 months / OD/CC : Above Rs.2.00 lakhs |
BR+2.50+0.5 = 13.75 % |
| Term Loan 36 months & above : Upto Rs.2.00 lakhs |
BR+1.5+1= 13.50 % |
| Term Loan 36 months & above : Above Rs.2.00 lakhs |
BR+2.5+1 = 14.25 % |
| 8. SGSY Group Loans |
| STL upto 35 months / OD/CC : Interest to be charged based on loan sanctioned to the group on per capita basis |
BR+1.5+0.5= 12.75 % |
| Term Loan 36 months & above : Interest to be charged based on loan sanctioned to the group on per capita basis |
BR+1.5+1= 13.25 % |
| 9. Financing Micro Finance Institutions (MFI) for on lending to the poor (NGO / Trust /Society/Mutually Aided Co-Operative Society (MACS) / State Co-op Society / National Credit Co-operative / NBFC / SHPI / SHG Federation / Section 25 company) |
| STL upto 35 months / OD/CC : Irrespective of Limit |
BR+3.75+0.5 = 15.00 % |
| Term Loan 36 months & above : Irrespective of Limit |
BR+3.75+1 =15.50 % |
| 10. Grihalakshmi (Housing Loan to SHG Members) |
| Upto Rs.1.00 lakh (Maximum) |
BR-0.75+1.0 = 11.00 % |
| 11. Micro Credit |
Short Term Loans : Upto Rs.50000/- per
individual (Maximum) |
BR+0.75+0.5 = 12.00 % |
Term Loans : Upto Rs.50000/- per
individual (Maximum) |
BR+0.75+1 = 12.50 % |
| 12. Home Loan to Farmers & Golden Jubilee Rural Housing Finance Scheme |
| Interest rates as applicable to our Bank’s Home Loan scheme. |
| 13. Gramin Mahila Sowhbagya Scheme (GMSS) |
| Upto Rs.15,000/- (Maximum) |
BBR+5+0.5 = 16.25 % |
| 14. Jewel Loan to Traders under Priority Sector |
| Upto Rs.50,000/- |
BR+1+0.5 = 12.25 % |
| Above Rs.50,000/- upto Rs.2.00 lakhs |
BR+2+0.5= 13.35 % |
| Over Rs.2 lakhs - upto Rs.5.00 lakhs |
BR+3.0+0.5 = 14.75 % |
| Above Rs.5.00 lakhs upto Rs.20.00 lakhs |
BR+4+0.5 = 15.25 % |
| 15. Non Priority Jewel loans including secured OD against Gold Ornaments |
| Short term loans / secured OD : Irrespective of limit |
BR+3.5+0.5 = 14.75 % |
| 16. Jewel loans to staff members (Non Priority) |
| Irrespective of limit |
BR+3.75+0.5 = 15.00 % |
| 17. Jewel loan to Senior Citizens |
| For EMI |
BR+1.5+0.5 = 12.75 % |
| For Bullet Payment upto 12 months |
BR+1.5+0.5 = 12.75 % |
| For Bullet Payment After 12 months |
BR+1.75+0.5 = 13.00 % |
| 18. SB cum Overdraft account and General Credit Card |
| SB cum Overdraft account |
BR+3.5+0.5 = 14.75 % |
| General Credit Card |
BR+3.5+0.5 = 14.75 % |
