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Rate of interest on loan

With effect from the 1st day of November , 2017 ( Wednesday )

Sl. No.	Type of Loan	Rate of Interest in % per annum
		CCB / SCB Branch to Primary Society		Primary Society to individual members/ or CCBs / SCB Branches to nominal members
		Existing	Revised	Revised	Existing
1.	Medium Term Loan to Employees’ Co-operative Credit Societies *	11.50	11.25	12.25	12.25
2.	Home Loan (irrespective of loan size) with contract period of repayment *– Upto 5 years Above 5 years & upto 10 years (iii) Above 10 years & upto 15 yrs Above 15 years & upto 20 yrs	09.25 09.50 10.00 10.25	09.00 09.25 9.75 10.00	09.50 09.75 10.25 10.50	09.25 09.50 10.00 10.25
3.	Term Loan (Farm Sector)	11.25	11.00	11.50	11.25
4.	Term Loan (Non-Farm) ** upto Rs.5 lac above Rs.5 – 10 lac above Rs.10-25 lac above Rs.25 lac	1100 11.25 12.00 12.25	11.00 11.25 11.75 12.00	11.50 11.50 12.25 12.50	11.25 11.50 12.00 12.25
5.	Personal Loan	14.00/16.50 (Rate 1/2↓)	14.00/16.50 (Rate 1/2↓)	14.00/16.50 (Rate 1/2↓)	14.00/16.5 (Rate 1/2↓)
6.	Consumer Durable Loan	13.50	13.50	14.00	14.00
7.	Cash Credit /Overdraft **	Same as Sl. No.4
8.	Non- Commercial Car Loan	- -	- -	09.95 /11.00 (Rate 1/2↓)	9.50 /10.50 (Rate 1/2↓)
9.	Loan against NSC/KVP/LIC Policy	- -	- -	11.50	11.00
10.	BSKP Loan	- -	- -	12.00	12.00***
N.B. * For SL No.1 interest rebate of 0.25% for salary- linked M.T. ECCS Loan cases * For Sl. No.2, there will be a Reset Clause on Rate of Interest after 1 (one) year from disbursement date and interest rebate of 0.25% for salary- linked Home Loan cases of above 5years term at beneficiary level. For Sl. Nos. 4 and 7, interest rebate at each stage will be allowed on the applicable rate of interest @ 0.25% and 0.75% on furnishing of liquid collateral securities covering not less than 50% and 100% respectively of the loan amount sanctioned. ↓ For Sl. Nos.5 & 8, Rate 1 signifies the cases where salary is disbursed through a Branch of the Bank and Rate 2 for other cases. *For Sl. No.10, interest rebate @1% p.a. will be allowed on timely repayment.

With effect from the 2nd day of February , 2017 ( Thursday )

Sl. No.	Type of Loan	Rate of Interest in % per annum
		CCB / SCB Branch to Primary Society		Primary Society to individual members/ or CCBs / SCB Branches to nominal members
		Existing	Revised	Revised	Existing
1.	Medium Term Loan to Employees’ Co-operative Credit Societies *	11.50	11.25	12.50	12.25
2.	Home Loan (irrespective of loan size) with contract period of repayment *– Upto 5 years Above 5 years & upto 10 years (iii) Above 10 years & upto 15 yrs Above 15 years & upto 20 yrs	09.95 10.00 10.25 10.50 (All EMI)	09.25 09.50 10.00 10.25	10.10 10.25 10.50 10.75 (All EMI)	09.50 09.75 10.25 10.50 (All EMI)
3.	Term Loan (Farm Sector)	11.25	11.25	11.75	11.50
4.	Term Loan (Non-Farm) ** upto Rs.5 lac above Rs.5 – 10 lac above Rs.10-25 lac above Rs.25 lac	12.00 12.25 12.75 13.00	11.00 11.25 12.00 12.25	12.00 12.25 13.00 13.25	11.25 11.50 12.25 12.50
5.	Personal Loan	14.25/16.75 (Rate 1/2↓)	14.00/16.50 (Rate 1/2↓)	14.25/16.75 (Rate 1/2↓)	14.00/16.5 (Rate 1/2↓)
6.	Consumer Durable Loan	13.50	13.50	14.00	14.00
7.	Cash Credit /Overdraft **	Same as Sl. No.4
8.	Non- Commercial Car Loan	- -	- -	10.75 /12.00 (Rate 1/2↓)	9.95 /11.00 (Rate 1/2↓)
9.	Loan against NSC/KVP/LIC Policy	- -	- -	12.00	11.50
10.	BSKP Loan	- -	- -	12.00	12.00***
N.B. * For SL No.1 interest rebate of 0.25% for salary- linked M.T. ECCS Loan cases * For Sl. No.2, there will be a Reset Clause on Rate of Interest after 1 (one) year from disbursement date and interest rebate of 0.25% for salary- linked Home Loan cases of above 5years term at beneficiary level. For Sl. Nos. 4 and 7, interest rebate at each stage will be allowed on the applicable rate of interest @ 0.25% and 0.75% on furnishing of liquid collateral securities covering not less than 50% and 100% respectively of the loan amount sanctioned. ↓ For Sl. Nos.5 & 8, Rate 1 signifies the cases where salary is disbursed through a Branch of the Bank and Rate 2 for other cases. *For Sl. No.10, interest rebate @1% p.a. will be allowed on timely repayment.

Rates of Interest on Loan With Effect From 01/09/2016

Sl. No.	Type of Loan	Rate of Interest in % per annum
		CCB / SCB Branch to Primary Society		Primary Society to individual members/ or CCBs / SCB Branches to nominal members
		Existing	Revised	Revised	Existing
1.	Medium Term Loan to Employees’ Co-operative Credit Societies *	11.50	11.50	11.50	12.50
2.	Home Loan (irrespective of loan size) with contract period of repayment *– Upto 5 years Above 5 years & upto 10 years (iii) Above 10 years & upto 15 yrs Above 15 years & upto 20 yrs	10.00 10.25 10.75 11.00 (All EMI)	09.95 10.00 10.25 10.50	10.25 10.50 10.75 11.00 (All EMI)	10.00 10.25 10.50 10.75 (All EMI)
3.	Term Loan (Farm Sector)	11.50	11.25	12.00	11.75
4.	Term Loan (Non-Farm) ** upto Rs.5 lac above Rs.5 – 10 lac above Rs.10-25 lac above Rs.25 lac	12.25 12.50 13.00 13.50	12.00 12.25 12.75 13.00	12.25 12.50 13.00 13.25	12.00 12.25 13.00 13.25
5.	Personal Loan	14.25/16.75 (Rate 1/2↓)	14.25/16.75 (Rate 1/2↓)	14.25/16.75 (Rate 1/2↓)	14.25/16.75 (Rate 1/2↓)
6.	Consumer Durable Loan	13.50	13.50	14.00	14.00
7.	Cash Credit /Overdraft **	Same as Sl. No.4
8.	Non- Commercial Car Loan	- -	- -	11.00 /12.00 (Rate 1/2↓)	10.75 /12.00 (Rate 1/2↓)
9.	Loan against NSC/KVP/LIC Policy	- -	- -	13.00	12.00
10.	BSKP Loan	- -	- -	12.00	12.00***
N.B. * For Sl. No. 1 interest rebate of 0.25% for salary- linked M.T. ECCS Loan cases – For Sl. No. 2, there will be a Reset Clause on Rate of Interest after 1 (one) year from disbursement date and interest rebate of 0.25% for salary- linked Home Loan cases of above 5years term at beneficiary level. * For Sl. Nos. 4 & 7, interest rebate at each stage will be allowed on the applicable rate of interest @ 0.25% and 0.75% on furnishing of liquid collateral securities covering not less than 50% and 100% respectively of the loan amount sanctioned. ↓ For Sl. Nos.5 & 8, Rate 1 signifies the cases where salary is disbursed through a Branch of the Bank and Rate 2 for other cases. *** For Sl. No. 10, interest rebate @1% p.a. will be allowed on timely repayment.

Rates of Interest on Loan With Effect From 09/10/2015

Sl. No.	Type of Loan	Rate of Interest in % per annum
		CCB / SCB Branch to Primary Society	Primary Society to individual members/ or CCBs / SCB Branches to nominal members
		Revised	Revised
1.	Medium Term Loan to Employees’ Co-operative Credit Societies *	11.50	12.50
2.	Home Loan (irrespective of loan size) with contract period of repayment *– Upto 5 years Above 5 years & upto 10 years (iii) Above 10 years & upto 15 yrs Above 15 years & upto 20 yrs	10.00 10.25 10.50 10.75 (All EMI)	10.25 10.50 10.75 11.00 ( All EMI)
3.	Term Loan (Farm Sector)	11.25	11.75
4.	Term Loan (Non-Farm) upto Rs.5 lac above Rs.5 – 10 lac above Rs.10-25 lac above Rs.25 lac**	12.00 12.25 12.75 13.00	12.25 12.50 13.00 13.25
5.	Personal Loan	14.25/16.75 (Rate 1/2↓)	14.25/16.75 (Rate 1/2↓)
6.	Consumer Durable Loan	13.50	14.00
7.	Cash Credit /Overdraft **	Same as Sl. No.4
8.	Non- Commercial Car Loan	- -	11.00 /12.00 (Rate 1/2↓)
9.	Loan against NSC/KVP/LIC Policy	- -	13.00
10.	BSKP Loan	- -	12.00***
N.B. * For Sl. No. 1 interest rebate of 0.25% for salary- linked M.T. ECCS Loan cases – For Sl. No. 2, there will be a Reset Clause on Rate of Interest after 1 (one) year from disbursement date and interest rebate of 0.25% for salary- linked Home Loan cases of above 5years term. * For Sl. Nos. 4 & 7, interest rebate at each stage will be allowed on the applicable rate of interest @ 0.25% and 0.75% on furnishing of liquid collateral securities covering not less than 50% and 100% respectively of the loan amount sanctioned. ↓ For Sl. Nos.5 & 8, Rate 1 signifies the cases where salary is disbursed through a Branch of the Bank and Rate 2 for other cases. *** For Sl. No. 10, interest rebate @1% p.a. will be allowed on timely repayment.

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