Interest Rates

Interest Rates on Loans

Head of Loans/Advances Rate of Interest(%)

CKCC/Crop loan/RMG/JLG

Up to Rs.3,00,000/- durinq subvention period 7.00
Up to Rs.3,00,000/- after subvention period 13.00
Above Rs.3 00,000/- 14.00

CKCC / CROP LOAN IN CASE OF NURSERY CROPS

Up to Rs.3,00,000 during subvention period 7.00
Up to Rs.3,00,000/- after subvention period 10.70
Above Rs.3,00,000/- 10.70

Agri. Gold Loans ( No subvention)

Rythu Swarna Gold Loan (RSWGL) 8.50
Aqri. Gold loans without subvention (AGLNS) 10.00
Aarl. Term loans aqainst pledge of gold (ATLSW) 12.00
Non Aq. Gold loans up to Rs.2.00 lakh 12.00
Non-Aq. Gold loans above Rs.2.00 lakh 12.50
Farm mechanization / power tillers / Harvesters 12.00
Other Aqriculture term loans including Rural Godowns 12.00
Dairy, sheep and other allied activities 12.50
Kisan Chakra Loans - 2 wheeler / 4 wheeler 12.00
Non-Aqrl Term loans ( RTO, BE,RT,P&SE,RCC)
Up to Rs.50000/- 12.50
Above Rs.50000/- 13.50
SSI 13.00
General Credit Card ( Max. limit Rs.25000/-) 14.00
SCCGN ( Max. limit Rs.50000/-) 13.00
NFSJL Up to Rs.50000/- per qroup 13.00
NFSJL Above Rs.50000/- per qroup 14.00

SHGCC ( both farm sector and non-farm sector)

NRLM Districts (Guntur & East Godavari)
Up to Rs.3,00,000/- ( with subvention) 7.00
Above Rs.3,00,000/- 13.50
Non-NRLM Dist. ( West Godavari) - Total Loan Amount 13.50
Housing loans for construction / purchase of plot - General 8.75
Housing Loans - Rural Housinq Fund (RHF) 8.61
Housinq Loans - Urban Housinq Fund (UHF) 8.61
Housing loans for repair/renovation 10.00
Educational loans up to Rs.4.00 lakh 11.50
Educational loans above Rs.4.00 lakh 12.50
Staff Children Education Loans up to Rs 4.00 lakh 10.50
Staff Children Education Loans above Rs 4.00 lakh 11.50
SOD to traders 12.00
SOD/Term loan to traders under MSME 12.00
OCC up to Rs.2.00 lakh 12.00
OCC above Rs.2.00 lakh based on ratinq
A+++ - 12.50
A++ 13.00
A+ 13.25
A 13.50
B 15.00
C 15.00
Commercial Real Estate 13.00
Solar home liqhtinq 12.50
Clean loans/TOD/COD 18.00
Personal loans for four wheeler 10.00
Personal loans for two wheeler 11.00
Property Overdraft (POD)/ Property Term Loan (PTL) 11.00
Loans aqainst NSC,KVP,LIC 16.00
Other Term loans 16.00
Produce loans 12.00
Loans against Merchandise (LAMS) Maximum limit of Rs.50.00 lakh
Farmers 12.00
Traders 15.00
Invoked Bank Guarantees 18.00
Returned bills from the date of purchase / discount till the date of adjustment 18.00

Interest Rates on Deposits

Period Rate of interest %
(w.e.f. 01.10.2020)
Less than Rs 1 Cr Rs 1 Cr & Above
15 days to 45 days 3.85 3.35
46 days to 90 days 4.60 4.35
91 days to 179 days 5.10 4.85
180 days to 364 days 5.60 5.10
1 year to less than 2 years 6.20 5.85
2 years and above 5.85 5.60
Senior Citizens 0.50% extra in all the above slabs
AKSHAYA Term Deposit Scheme - III (Non-Callable) 6.00% for one year period
UJWALA Term Deposit Scheme Rate of interest (at present): 6.20% + 0.15%=6.35%