Interest Rate as on - 11/3/2008

                                                        INTEREST RATES *

                    Effective from November 2, 2008 (Kartik 17 ,2065)

                     Types of Deposits  

Rates per Annum

NPR Saving

Royal Saving
Saving
Pewa Bachat Yojana

Yuba Bachat Khata

4.00% (on daily balance)
4.00%
4.00%

4.00%

Salary Scheme Salary Mgmt. Account 5.25% (on daily balance)
FCY Saving

US Dollar Saving

2.25%
Fixed Deposits

3 Months

3.50%

6 Months

4.50%

1 Year

6.00%

Above 1 Year upto 2 Years

6.50%

Above 2 Years upto 3 Years

6.75%

Above 3 Years upto 5 Years

7.00%

 

Above 5 Years 8.00%

                             Interest Rates on Loans and Advances $

Types of Loans and AdvancesRates Per Annum
Overdraft/Working Capital 10.00% to 11.00%
Demand Loan/Short Term Loan 9.00% to 11.00%
Trust Receipt/Importer Loan 8.00% to  9.00%
Term Loan 10.00% to 11.00%
Privilege Loan
Term Loan 8.75%
Overdraft 8.90%
Export Finance 8.00% to 9.00%
Hire Purchase Loan
Private
Commercial
 
9.00%
10.00%
Mortgage Loan 9.50% to 11.00%
Home Loan 
upto 5 years 8.50%
upto 10 years 9.00%
upto 15 years 9.50%
upto 20 years 10.00%
Loan Against:
1st Class Bank Guarantee 8.00%
Our Fixed Deposit plus 1.50%
Others Fixed Deposit plus 2% or 8%, whichever higher
Government Bonds 7.50%
Foreign Currency Deposits 7.00%
Loan against Shares and Bonds 9.50% to 10.00%
Education Loan 10.00%
Deprived Sector Loan 5.00% ** to 10.00% **
Education Loan 10.00%
Foreign Employment Loan 10.00%
Other Loans: personal Loans 11.00%
Consortium Loams as per consortium decision
* Rates are indicative only.      * Condition Apply.      ** To micro finance institutions only.              $ The revised interest rates will not be applicable to the defaulters.

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