Interest Rates on Loans and Advances

Check out interest rates for all Personal banking loans, NRI banking loans, SME business loans, Corporate business loans and Agri Business Loans.


*Interest rates offered will be based on the risk profile of customer and proposed facility.For more details, including rates for other advance schemes, contact your nearest branch.

The Base Rate is computed by taking into account –

a) Bank's cost of deposit (which is taken as the benchmark),

b) Negative carry on maintaining Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR),

c) Administrative expenses, which cannot be specifically attributed to any particular type of lending, and

d) Average expected return on capital employed for supporting the lending activities.

Bank's final lending rates for various types of loans and advances are arrived at by adding borrower specific charges, tenure premium, credit risk premium, cost of provision for non performing assets, provision for standard assets and cost of cash and bank balance to the Base Rate. Base Rate linked rates of interest are applicable for all loans and advances disbursed/renewed on or after 01st July, 2010. Borrowers whose accounts are linked to BPLR can approach the Branch for conversion of their loan accounts to Base Rate linked interest rates#. The Base Rate and final lending rates will be reviewed / revised by the Bank at least once in a quarter. Changes in Base Rate will be made applicable for all loans and advances linked to the Base Rate of the Bank, subject to interest reset clause, if any.

# Conditions apply