|
|
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 |
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