Interest Rates
Note : The interest rates are given below may be fluctuate. Interest Rates are subject to change without any notice. Kindly co-operate with the bank for the same. The interest rates are effective from 02/01/2024.
| Deposit Type | Plain | C.T.D. & Pension Deposit Scheme | R.I.S. |
|---|---|---|---|
| A) Current Deposit | - | - | - |
| B) Saving Deposit | |||
| Saving Deposit (Regular) | 3.00 % | - | - |
| Basic Saving Deposit | 3.00% | - | - |
| Little Champ Saving Deposit | 3.00% | - | - |
| Centwin Gold Saving Deposit | 3.00% | - | - |
| Centwin Platinum Saving Deposit | 3.00% | - | - |
| Centwin Gold Platinum Saving Deposit Upto Rs. 1,00,000.00 Above Rs. 1,00,000.00 |
3.75% 4.00% |
- - |
- - |
| C) Term Deposit | |||
| 15 days to 89 days | 4.25% | - | - |
| 90 days to 180 days | 5.00% | - | - |
| 181 days to 1 year | 5.75% | 5.50% | 5.50% |
| 1 year to 18 months | 6.75% | 6.50% | 6.50% |
| Above 18 months to 2 years | 7.25% | 7.00% | 7.00% |
| Above 2 years to 3 years | 6.75% | 6.50% | 6.50% |
| Above 3 years to 5 years | 7.00% | 6.75% | 6.75% |
| Above 5 years to 10 years | 7.00% | 6.75% | 6.75% |
| D) Urban Tax Savings Deposit Scheme (415) (Regular/General Customers) | 7.00% | - | 6.75% |
| E) Kutumb Pramukh Tax Savings Deposit Scheme (417) (Senior Citizen) | 7.25% | - | 7.00% |
| F) Dam Didpat Deposit Scheme (402) | |||
| 72 Months and 21 days (Regular Customer) | 6.75% | - | - |
| 67 Months and 22 days (Senior Citizen) | 7.25% | - | - |
| Extra Interest Rate : a) 0.75% extra interest rate for senior citizens on term deposit. b) 0.50% extra interest rate for staff and retired staff. c) 1.25% extra interest rate if both senior citizens and retired staff. d) 0.25 extra interest rate for term deposit Rs. 1.00 crore & above (it is not applicable for senior citizens). e) Extra interest rates are not applicable to Urban Tax Savings Deposit Scheme, Kutumb Pramukh Tax Savings Deposit Scheme. |
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Note : The interest rates are given below may be fluctuate. Interest Rates are subject to change without any notice. Kindly co-operate with the bank for the same. The interest rates are effective from 10/03/2023.
| Type of Loan | Int. Rate | ||
|---|---|---|---|
| Gold Loan | |||
| Upto Rs. 25.00 Lakhs | 9.50% | ||
| Above Rs. 25.00 Lakhs | 10.50% | ||
| N.S.C., L.I.C. Policy | 11.00% | ||
| Loan for Household Items (Max upto Rs 1 Lakh) | 13.50% | ||
| Home Loan (For House Purchase & Construction) (New Scheme) | |||
| For Metro City - Upto Rs. 35.00 Lakhs | 9.00% | ||
| For Other Cities (Except Metro) - Upto Rs. 25 Lakhs | 9.00% | ||
| For Except Metro and Other Cities - Upto Rs. 140 Lakhs | 9.50% | ||
| Home Loan (For Repairing) | |||
| Rural & Semi Urban Area Maximum Rs. 6.00 Lakhs | 9.50% | ||
| Urban Area Maximum Rs. 10.00 Lakhs | 9.50% | ||
| Office / Gala Purchase for Personal Business (Loan upto Rs. 30 Lakhs) | 11.00% | ||
| Karad Urban Vehicle Scheme | |||
| Tenure : 60/72 Months* | 8% to 8.50% | ||
| Vehicle Loan (Commercial) (For personal business usage, Max 7 years) |
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| Three / Four Wheeler | 10.50% | ||
| Six Wheeler | 10.50% | ||
| Above Six Wheels Commercial Vehicle | 10.50% | ||
| Vehicle Loan (Commercial) (For commercial usage, Max 7 years) |
|||
| Three / Four Wheeler | 11.00% | ||
| Six Wheeler | 11.50% | ||
| Above Six Wheels Commercial Vehicle | 12.00% | ||
| Pledge Or Warehouse Receipt (Tenure : 36 Months*) |
10.00% | ||
| Personal Loan, Clean Cash Credit (who's Salary deposited in our bank) upto Rs. 5.00 Lakh | 12.50% | ||
| Vinatarani - Personal Loan, Clean Cash Credit (for others) upto Rs. 5.00 Lakh | 14.50% | ||
| Commercial Real Estate | 14.75% | ||
| Cash Credit - Against Stock and Debtors | |||
| Upto Rs. 30.00 Lakhs | 11.00% | ||
| Above Rs. 30.00 Lakhs to Rs. 50.00 Lakhs | 12.00% | ||
| Above Rs. 50.00 Lakhs | 13.50% | ||
| Cash Credit - Against Property / Machinery | |||
| Upto Rs. 30.00 Lakhs | 11.00% | ||
| Above Rs. 30.00 Lakhs to Rs. 50 Lakhs | 12.00% | ||
| Above Rs. 50.00 Lakhs | 13.50% | ||
| Other Terms Loans (Based on Sanctioned Limit, Except Home Loans) | |||
| Upto Rs. 30.00 Lakhs | 11.00% | ||
| Rs. 30.00 Lakhs to Rs. 50.00 Lakhs | 12.00% | ||
| Above Rs. 50.00 Lakhs | 13.00% | ||
| Cheque and Hundi Discounting / D.D. Discounting | 15.75% | ||
| Festival Cash Credit | 15.75% | ||
| Food Industries (Manufacturing / Production) (Credit rating facility is not applicable for these account type) |
10.50% | ||
| Urban Rent Discounting (Tenure : As per Agreement* or Maximum 20 Years Whichever less) |
9.50% | ||
| Urban Vidyajyoti Educational Loan Scheme (Tenure : 180 Months*) |
9.50% to 10.00% | ||
| Medical Business | |||
| New Machinery Purchasing | 10.50% | ||
| Other Medical Business | 10.50% | ||
| Pigmy Deposit Loan | 11.50% | ||
| Agriculture and Allied Activities (New Scheme) | |||
| Upto 5 Acre | 11.00% | ||
| Above 5 Acre | 11.50% | ||
| Micro Small and Medium Enterprises (New Scheme) | |||
| Micro Enterprises Upto Rs.30 Lakhs | 9.00% | ||
| Above Rs 30 Lakhs to Rs 50 Lakhs | 9.25% | ||
| Above Rs 50 Lakhs to Rs 300 Lakhs | 10.00% | ||
| Small and Medium Enterprises | |||
| Micro Enterprises Upto Rs.30 Lakhs | 9.50% | ||
| Above Rs 30 Lakhs to Rs 50 Lakhs | 10.00% | ||
| Above Rs 50 Lakhs to Rs 300 Lakhs | 11.00% | ||
| Renewable Energy Loan (New Scheme) | |||
| Personal Upto Rs 5 Lakhs | 11.00% | ||
| Commercial Upto Rs 30 Lakhs | 11.50% | ||
| Affected by Natural Disaster (For Members) | 9.50% | ||
| Laptop Loan | 9.50% | ||
| Karad Urban Sukshma Anna Prakriya Udyog Yojana | 9.25% | ||
| Vina Tarani Karja Yojana for Ladies | 9.00% | ||
| Saksham Patdharak Yojana | |||
| Tarani Karje | 8.50% | ||
| Vina Tarani Karje (for individuals) | 9.50% | ||