interestRates15092020.pdf Interest Rate - Aryavart Bank

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Name of Scheme / Sector

Slab of sanctioned amt. if any

ROI (% p.a.)

w.e.f. 23.01.2023

1.   AGRICULTURAL LOANS

 

 

1.a). Crop Loans* including Kisan Credit Card & JLG/KCC(AH)/KCC(Fisheries)*

(Where NIL consumption maintenance sanctioned and Interest Subvention is available)

Up to Rs. 3 Lakh

7.00

Above Rs. 3 Lakh

12.00

1.b). Crop Loans* including Kisan Credit Card & JLG/ KCC(AH)/KCC(Fisheries)*

 

(Where consumption & maintenance has been sanctioned and Interest Subvention is available i.e. account is regular and timely rollovered)

A. For sanction upto Rs. 0.65 Lakh

i. Crop Loan component = Rs. 0.50 Lakh @ 7.00%

ii. Consumption & Maintenance = Rs. 0.15 lakh @ 11.00%

7.92

B. For Sanction upto Rs. 3.90 Lakh

i. Crop Loan component = Rs. 3.00 Lakh @ 7.00%

ii. Consumption & Maintenance = Rs. 0.90 lakh @ 12.00%

8.15

C. For Sanction above Rs. 3.90 Lakh

12.00

1.c). Crop Loan*/ KCC(AH)/KCC(Fisheries)*

(Where subvention is not available i.e. A/c is overdue/not rollovered)/Converted Term Loan

Up to Rs. 0.50 Lakh

11.00

Above Rs. 0.50 Lakh

12.00

1.d). Tractor and other Agricultural Implements/Agriculture Mechanization/ Custom Hiring Centre (Sub Mission Controlled by GOI)/ Agri-Junction (Trained Agriculturist)

11.00

1.e). RuralGodowns/Cold Storage

9.85

1.f). Minor irrigation / Land Development /Agri Land purchase / Biogas etc.

11.00

1.g). Solar Pump Set

11.00

1.h). Allied activities:

Dairy, Goat rearing, Piggery, Fishries, Beekeeping, Poultry, Vermi compost, Hatchery, etc.

Up to 5.00 Lakh

11.00

Above 5.00 Lakh

11.00

1.i). Other schemes

Loans against storage receipts, NLM-EDEG/ACABC (Agriclinic Agribusiness), Floriculture, Green House, FPO/FPC etc.

11.00

1.j). Two wheeler Loan to farmers

11.00

1.k). Agri Annapurna Yojna

10.90

1.l). Agri Mortgage

 

For Reducing Limit

10.50

For non Reducing Limit

11.00

1.m). Rural Housing Finance Scheme(Gramin Awas Rin Yojna)

Up to 1.00 Lakh

9.75

Above 1.00 Lakh

10.25

1.n). SHG � Agri/NRLM- Agri

For loan�s o/s up to ₹3 lakh

11.50

For loan�s o/s above ₹3 lakh and up to 5 lakh

15.00

For loan�s o/s of above Rs.5 lakh

12.00

1. o) Schemes under Watershed and Wadi Projects

Cost of fund as on 31.03.2022 is 3.45%.

For detail see circular no. 03/268 dated 14.03.2022.

Cost of fund + 2%

.


Name of Scheme / Sector

Slab of sanctioned amt. if any

ROI (% p.a.)

w.e.f. 23.01.2023

2.   SSI /MSME Manufacturing & Service

 

 

2.a). Term Loan / CC/OD including SRTO

 

Up to 0.50 Lakh

9.00

Above 0.50 Lakh to 10.00 Lakh

9.75

Above 10.00 Lakh

10.25

2.b). Pradhan Mantri MUDRA Yojna (Cards under SCC/ACC /GCC/WCC/WECC & Term Loan under Krishak Sathi), Pradhan Mantri Weaver Mudra Scheme

 & JLG (SME)

Up to 0.50 Lakh

9.00

Above 0.50 Lakh

9.75

2.c). SHG / Weavers Group (SME)/NRLM(SME)

Up to 50,000/- per capita

9.00

Above 50,000/- per capita

9.75

2.d). C&IC Advances to entrepreneurs

 

13.25

2.e). DRI

 

4.00

2.f). Mediclinic Scheme for Medical Practioners

 

10.75

2.g). Emergency Credit Line under ECLGS

9.25

2.h) Working Capital to Street Vendors under PM SVANidhi Scheme

Initial sanction upto Rs. 10000/- (further enhanced to maximum ceiling of Rs. 50000/-)

9.00

2.i) COVID-19 Emergency Working Capital

Cir. ref. 01/348 dtd. 26.03.2020

Upto Rs. 5.00 Lakh

9.00

 


Name of Scheme / Sector

Slab of sanctioned amt. if any

ROI (% p.a.)

w.e.f. 23.01.2023

3. Retail Loans

3.a). Housing Loan Scheme

Aryavart Awas Rin/Pradhan Mantri Awas Yojna (Nagriy)

 

CIBIL Personal Loan Score

Salaried

Non Salaried

CIBIL >800������ :

CIBIL 750-799:

CIBIL 700-749:

CIBIL <700������ :

Women-��

Others-

CIBIL -1 and 0:

8.15

8.25

8.35

 

9.85

9.90

8.45

8.15

8.25

8.35

 

9.90

9.95

8.45

3.b). Aryavart Top-up Home Loan

Interest on housing loan + 1%

3.c). General Education Loan/Padho Pardesh/Scholar Loan Scheme

Up to 10.00 Lakh

9.25

Above Rs. 10.00 Lakh

9.75

3.d). Aryavart Autofin Scheme

i) For Four Wheeler

CIBIL Personal Loan Score

Salaried

Non Salaried

CIBIL >800������ :

CIBIL 750-799:

CIBIL 700-749:

CIBIL <700������ :

CIBIL -1 and 0:

8.30

8.55

8.70

9.15

8.70

8.30

8.55

8.70

9.20

8.70

ii) For Two Wheeler

10.00


3.e). Mortgage OD / Loan

For Reducing Limit

10.50

For Non Reducing Limit

11.00

3.f). Term Loan / Overdraft / Personal Loan / Annapurna Yojna / Aryavart Suvidha Yojna/ Aryavart Suvidha Savadhi RinYojna

 The borrowers who have availed home loan from our Bank

9.40%

For others

CIBIL Personal Loan Score

Interest rate

CIBIL > 800������ :

CIBIL 750-799:

CIBIL 700-749:

CIBIL < 700������ :

CIBIL-1 and 0:

9.75

10.60

11.25

11.50

11.10

3.g). Aryavart Suvidha Savadhi Rin Yojna for Arrange of drinking water and construction / repair of toilets

 

11.00

3.h) Clean OD to Pensioners of our Bank

10.10

3.i). Consumer Loan To public

 

Secured

12.25

Unsecured

13.75

3j). Solar Lighting System

 

11.25

3.k). Loan for Branch Premises

 

12.25

3.l). Loan to pensioners/Acharyahit Yojna

 

10.90

3.m). COVID-19 Emergency Personal Loan

For Salaried Borrowers

10.75

For Housing Loan Borrowers

9.00

4. Other Loan

4.a). Loan against TDR

Over the deposit Rate

+1.00%

4.b). Third Party loan against TDR

 Over the deposit Rate

+2.00%

4.c). Loan /overdraft against NSC,KVP,LIC policies

 

11.50

 

ROI under Target Group Loan Schemes sponsored by NSFDC/NBCFDC/NHFDC/NSKFDC etc.

����� Suggested ROI will be applicable on accounts sanctioned under different target group schemes sponsored by NSFDC/NBCFDC/NHFDC/NSKFDC etc. on following grounds:

i. Scheme must be in force while sanctioning of the account. Branch Manager should confirm the continuity of the particular scheme from RO/HO before accepting & sanction the loan.

ii. Accounts sanctioned under the scheme must be regular & assumed to be fully repaid /closed in allowed repayment period. If any such account remains overdue / NPA even after completing allowed repayment period then after allowed repayment period account must be charged with ROI applicable on similar scheme for general public/borrower.

����� Therefore, Branch Manager to ensure application of correct ROI in various Target Group Scheme loan accounts.Auditors also ensure to cross check the same during audit of Branches.

 

 

S.No

Name of Scheme

Slab/ Other Details

ROI (%p.a.) w.e.f. 23.01.2023

 

1.

Schemes of NSKFDC

 

A. Employment to Manual Scavengers

(circular 04/038 dated 01.06.2022)

Up to Rs. 1.00 lakh

Women4%

Others 5%

 

Above Rs. 1.00 Lakh

6.00

 

B. Education loan

 

 

 

a)     Study in India

Upto Rs. 10.00 lakh

For Boys 4.00

For Girls 3.50

 

b)     Study at Abroad

Upto Rs. 20.00 lakh

 

C. Mahila Samridhi

Upto Rs. 1.00 lakh

4.00

 

D. Mahila Adhikarita

Upto Rs. 2.00 lakh

5.00

 

E. Micro credit scheme

Upto Rs. 1.00 lakh

5.00

 

Upto Rs. 1.00 Lakh per member

 

F. General Term loan scheme

Upto Rs. 15.00 lakh

6.00

 

G. Scheme for �pay and use� community toilets

Upto Rs. 25.00 Lakhs

4.00

 

H. Scheme for procurement of sanitation related vehicles.

Upto Rs.50.00 lacs (Municipal Corporation/ Jal Board, Public Health & Engineering Dep., Cantonment Boards  and SHG/JRG/Cooperative etc.)

Upto Rs. 10.00 lacs for individual.

4.00

 

I. Sanitary Marts Scheme

Upto Rs. 15.00 Lakh

4.00

 

 

J. Green Business Scheme

Upto Rs. 2.00 lakh

4.00

 

K. Vocational Education and Training Loan Scheme

Upto Rs. 4.00 Lakh

For Men 4.00

For women 3.50

 

 

 

2.

Schemes of NSFDC

 

A. Term loan scheme

 

 

Up to Rs. 5.00 Lakh

6.00

 

Above Rs. 5.00 Lakh up to 10 Lakh

8.00

 

Above 10 Lakh up to 20 Lakh

9.00

 

Above 20 Lakh up to 45 Lakh

10.00

 

B) Micro Credit Finance Scheme upto Rs. 1.40 Lakh

5.00

 

C) Mahila Samridhi Scheme Rs. 1.40 Lakh

4.00

 

D) Education Loan

 

 

Study in India

Upto Rs. 20.00 lakh

For Men 4.00

For women 3.50

 

Study at Abroad

Upto Rs. 30.00 lakh

 

E) Laghu Vyavsay Yojna

Upto Rs. 5.00 lakh

6.00

 

F) Green Business Scheme

Upto Rs. 6.75 Lakh

4.00

 

Above Rs. 6.75 Lakh & upto Rs. 13.50 lakh

6.00

 

Above Rs. 13.50 Lakh&upto Rs. 27.00 Lakh

7.00

 

3.

Schemes of NBCFDC

 

I). General Loan Scheme

 

 

A) Upto Rs. 5.00 Lakh

6.00

 

B) Above Rs. 5.00 Lakh and upto Rs. 10.00 Lakh

7.00

 

C) Above Rs. 10.00 Lakh and upto Rs. 15.00 Lakh

8.00

 

Ii). New Swarnima for women upto Rs. 2.00 lakh

5.00

 

Iii). Micro Finance scheme

5.00

 

Iv). Mahila Samridhi Yojna

4.00

 

V). Education loan

 

 

Study in India

Upto Rs. 15.00 lakh

For boys 4.00%

For girls 3.50%

 

Study at Abroad

Upto Rs. 20.00 lakh

 

VI). Small Loan for individual

6.00

4.

Schemes of NHFDC

 

A) Divyangjan Swawalamban scheme

 

Upto Rs. 0.50 Lakh**

5.00

 

Above Rs. 0.50 Lakh upto Rs. 5.00 Lakh

6.00

 

Above Rs. 5.00 Lakh upto Rs. 15.00 Lakh

7.00

 

Above Rs. 15.00 Lakh upto Rs. 30.00 Lakh

8.00

 

Above Rs. 30.00 Lakh upto Rs. 50.00 Lakh

9.00

 

** Rebate : A rebate of 1% in interest will be allowed to women with disabilities/ persons with disabilities other than OH in self employment loans of upto Rs.50,000/- .

Notes: Concessions if any proposed over above mentioned ROI to female borrowers or any other category or case will be available & applicable as suggested in the scheme circular.

 

 

 

 

 

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