Interest Rates On Deposits (Effective From 01.04.2003)

Particulars

Rate Of Interest

15 Days to 45 Days 5.00 %
 46 Days to 179 Days 5.75 %
               180 Days to less then 1 year 6.00 %
            1 Year to less then 2 years

6.50 %

              2 Years to less then 3 Years 7.00 %
3 Years to above up to 39 months 9.50 %
Savings Deposit... 3.50 %
FOR NON RESIDENT INDIAN
6 Months to below 1 Year

6.00

1 Year to below 2 Years 6.50
2 Years to 39 months 7.50
Saving Deposit..... 3.50

1. A. Interest Rates On  Advances ( Effective From 01.04.2003)

Sr.No. Particulars Cash Credit and Loan
1
Up to Rs.2,00,000/- 12.00 %
2
Rs.2,00,001/- to 5,00,000/- 12.25 %
3
Rs.5,00,001/- to 25,00,000/- 12.50 %
4
Rs. 500000/- to Rs. 2500000/- 13.75 %
5
ABOVE RS 2500000/- 14.25 %

1.B. Bill discount Under L/C (Effective from From 01.04.2003)

Particulars Commission
Up to 90 Days 11.50 % +
Above 90 Days 12.50 % +

2. CLEAN CASH CREDIT / OVERDRAFT / LOAN

Up to RS. 2,00,000/- 12.50
Above RS. 2,00,000/- 13.50

 


Home |We Follow |About Us| Chairman's Speech |Board of Directors | Our Legends |Success Path|
  Our Team |Open An Account |Products & Services | Rate of Interests |Loans |
Contact Us
|Feedback form |Our Goal & Mission