KVPs/ NSCs/IVPs/ LIC etc :
Interest Rate structure for Loans and Advances against deposits and NSC/KVP/LIC

Sno. Description Revision in Rate of Interest proposed
1. Loans against Deposits of the Bank: (i) Up to Rs.10.00 Lakhs (ii) Above Rs.10.00 Lakhs 2% over the deposit rate with monthly rests. 1.5% over the deposit rate with monthly rests.
2. Advances against third party Deposits 2.5% over the deposit rate with monthly rests.
3. Advances against deposit of staff and Ex-staff members. 1% over the deposit rate.
4. Advances against pledge of NSC/KVP/LIC for clients of the Bank 13% with monthly rests.
5 Advances against pledge of NSC/KVP/LIC for staff of the Bank 9% with monthly rests.

NOTE :- The above rates are applicable w.e.f. 18.07.2016 and shall be applicable to fresh loans.