Rate of Interest on Loans & Advances

Sl. No.

Particulars

Revised rate of Interest on Loans & Advances

1

Term loan & C.C. up to 1,00,000/-

15.00%

2

Term Loan & C.C Loan from Rs 1,00,001/- to  Rs.5,00,000/-

14.50%

3a

Term Loan  > Rs.5,00,000/- & up to Rs.10,00,000/-

14.00%

3b

C.C loan > Rs.5,00,000/- & up to Rs.10,00,000/-

14.00%

4a

Term loan > Rs.10,00,000/- & up to Rs.50,00,000/-

12.50%

4b

C.C loan > Rs.10,00,000/- & up to Rs.50,00,000/-

12.00%

5a

Term loan > Rs.50,00,000/- & up to less than Rs.1.00 crore.

12.00%

5b

C.C loan > Rs.50,00,000/- & up to less than Rs.1.00 crore.

12.00%

6a

Term loan from Rs.1.00 crore and above.

10.50%

6b

C.C loan from Rs.1.00 crore and above.

10.50%

7a.

Personal  loan          

14.00%

7b.

Personal loan for C.M.C. employees

( Permanent / Regular Employees only )

13.00%

8.

Motorbike/Consumer loan

14.00%

9.

House Building Loan

a) upto 5 years repayment period

9.00%

b) upto 10 years repayment period

9.50%

c) upto 15 years repayment period

10.00%

d) House repairing loan

12.00%

10

Real Estate Loan

14.00%

11

Loans to fleet owner Transport operators.

12.00%

12.

Gold loan

10.50%

13.

Overdraft /Bills purchased

18.00%

14 (I)

Urban-Friend-in-need (Below 1 Crore)

a.

-do- short term loan up to 5 years

11.50%

b.

c.

-do-  Medium term up to 7 years

-do-  Long term up to 10 years

12.00%

12.50%

14 (II)

Urban-Friend-in-need (1 Crore & above)

10.50%

15

(I)Urban Subidha. (against banks own deposit )

(II) against other securities.

Interest on term deposit + 2% 11.5% ( against bank deposit and postal deposit/LIC S.V.)

11.50%

(III) Loan against securities ( LIC/KVP/NSC )

11.00%

16

Urban Sikhsayatan Nivesh – upto 3 yrs

13.00%

 Urban Sikhsayatan Nivesh – Above 3 years

14.00%

17.

Urban Bidyarthi Vikash – up to Rs.4.00 lakh

13.00%

Urban Bidyarthi Vikash –  Above Rs.4.00 lakh

14.00%

18.

Urban Arogya Yojana – up to 3 years repayment

14.00%

19.

Dhanwantari Vikash Yojana – up to 3 years

14.00%

 Dhanwantari Vikash Yojana – Above 3 years

15.00%

20.

S.P. Mukherjee Khudra Silpa Yojana/Madhu Karigar Yojana

12.00%

21.

Transport Loan (Commercial)

12.00% for existing customer having good track record of repayment i.e. must have taken at least two transport loans earlier in own name or family members (father / mother/ spouse/son/ unmarried daughter / daughter-in-law) name and repaid in time.

13.00% in case of new applicant.

22

Transport loan (Personal)

12.00%

23.

Urban Swarojagar Yojana

15.00%

24.

Loan against Securities (LIC, NSC, KVP etc.)

11.00%