WITH RESPECT TO KERALA BANK FORMATION, INT RATES SLASHED

In connection with Kerala Bank formation, unified loans and advances are introduced and revised interest rates w.e.f. 01/01/2019, and interest rates are revised w.e.f.01.01.2019

 

I.     Individual Loans & Advances

Sl No

Particulars

Interest Rate

Existing

Revised

Cash Credit/Overdraft:

1

Over Draft

12.75

12.50

2

Retired Staff RD linked OD

11.00

11.00

3

Cash Credit

12.75

12.50

4

RD linked Over Draft to Society Staff

11.00

11.00

5

Working Capital Over Draft

12.75

12.50

6

OL(T) OD to Individuals

Up to 1 Lakhs

12.00

12.00

Above 1 Lakhs

12.75

12.50

Housing Loan :

7

House construction

11.00

10.00

8

House purchase

11.00

10.00

9

House maintenance

12.00

10.00

10

DDS Agents

10.00

10.00

Vehicle Loan

11

Vehicle Loan, Car Loan

12.00

11.00

12

Vehicle Loan (DDS Agent)

10.00

9.00

Project Term Loan

13

Project Term Loan

12.75

12.50

Ordinary Loan

14

Ordinary Loan

Up to 5 Lakhs

12.00

12.00

Above 5 Lakhs

12.75

12.50

15

E-Cap Loan

Up to 5 Lakhs

12.00

12.00

Above 5 Lakhs

12.75

12.50

16

Property Purchase Loan

12.50

12.50

17

Medical Loan

0.00

0.00

18

Milch Cattle Loan

11.00

9.00

Salary Loan

19

EDCB OK Loan

12.00

12.00

20

EDCB Express Loan

Up to 5 Lakhs

10.75

10.75

21

EDCB Express Loan

Above 5 Lakhs

11.50

11.00

Micro Finance

22

SHG Mt  Loan

9.00

9.00

23

Mahila Samrudhi Loan

9.00

9.00

24

JLG Loan  - Agriculture

7.00

7.00

25

JLG Loan Non Farm

10.00

10.00

26

JLG Loan Group Business Project

10.00

10.00

Professional Education

27

Professional Educational Loan

12.00

12.00

 

 

 

 

 

 

 

 

Gold Loan

28

Athulya Gold Loan

3 Months

9.00

9.00

29

Gold Loan

6 Months

11.00

10.00

30

Gold Loan

1 year

10.50

10.50

31

Kanakasree Gold Cash Credit

9.50

9.00

32

Agricultural Gold Loan KCC

7.00

7.00

 

 

II.                   Society Loans & Advances

 

Sl No

Particulars

Interest Rate

Existing

Revised

1

Coir Cash Credit

9.00

9.00

2

Handloom Cash Credit

10.00

10.00

3

Working Capital Overdraft

11.50

11.00

4

Overdraft

11.50

11.50

5

Cash Credit

11.50

11.50

6

Gold Overdraft

11.00

9.50

7

Agriculture Gold Overdraft

11.00

9.50

8

ICDL Loan

5.00

7.50

9

Ordinary Loan - Societies

12.00

12.00

10

Ordinary Loan - Education

12.00

12.00

11

Ordinary Loan - Consumer

12.00

12.00

12

House Loan EMI

12.5

9.75

13

Project Loan

11.50

11.50

14

LT Agricultural Loan

9.50

9.50

15

LT Non Agricultural Loan

10.00

10.00

16

MT Agricultural Loan

7.50

7.50

17

Kissan Credit Card Major

5.50

5.50

18

Kissan Credit Card Weaker

5.50

5.50

19

SHG  Loan

11.00

9.00

20

SHG Loan Flood

8.50

8.50

 

 

 

 

 

 

Savings Deposit

An SB account is the most common deposit account. People of all walks of life use SB account for safekeeping their money. Besides safekeeping of cash, it promotes savings habit among people.  An SB account holder can operate the account, make transactions like put in cash or withdraw whenever he or she likes. There is no time limit or any condition. Being convenient and affordable, this became so popular among common people.

We have an exclusive range of Savings accounts
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