interestRates15092020.pdf Interest Rate - Aryavart Bank

Interest Rates

INTEREST RATES ON ADVANCES w.e.f. 01-10-2020

Name of Scheme / Sector

Slab of sanctioned amt. if any

ROI (% p.a.)
w.e.f. 01.10.2020

1.   AGRICULTURAL LOANS

 

 

1.a). Crop Loans including Kisan Credit Card & JLG
(Where NIL consumption maintenance sanctioned and Interest Subvention is available)

Sanction/outstanding upto Rs. 3 Lakh

7.00

Sanction/outstanding above Rs. 3 Lakh

11.00

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

7.69

B. For Sanction/outstanding upto Rs. 3.90 Lakh

7.92

C. For Sanction/Outstanding above Rs. 3.90 Lakh

11.00

1.c). KCC(AH)/KCC(Fisheries)

Sanction/outstanding upto Rs. 2 Lakh

7.00

Sanction/outstanding above Rs. 2 Lakh

11.00

1.d). 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

10.00

Above Rs. 0.50 Lakh

11.00

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

11.00

1.f). Rural  Godowns/Cold Storage

10.50

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

11.00

1.h). Solar Pump Set

11.00

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

11.00

1.k). Two wheeler Loan to farmers

11.00

1.l). Agri Annapurna Yojna

12.75

1.m). Agri Mortgage

For Reducing Limit

10.50

For non Reducing Limit

11.00

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

Up to 1.00 Lakh

9.75

Above 1.00 Lakh

10.25

1.m). SHG – Agri/NRLM- Agri

Up to 50,000/- per capita

9.00

Above 50,000/- per capita

10.00

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

10.00

Above 10.00 Lakh

11.00

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

10.00

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

Up to 50,000/- per capita

9.00

Above 50,000/- per capita

10.00

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. 20000/-)

9.00

2.i) COVID-19 Emergency Working Capital
Cir. ref. 01/348 dtd. 26.03.2020

Upto Rs. 5.00 Lakh

9.00

3. Retail Loans

3.a). Housing Loan Scheme
Aryavart Awas Rin/Pradhan Mantri Awas Yojna (Nagriy)

 

8.00

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

Up to 10.00 Lakh

9.25

Above Rs. 10.00 Lakh

9.75

3.c). Aryavart Autofin Scheme

i) For Four Wheeler

8.00

ii) For Two Wheeler

10.00

3.d). Mortgage OD / Loan

For Reducing Limit

10.50

For Non Reducing Limit

11.00

3.e). Term Loan / Overdraft / Personal Loan / Annapurna Yojna / Aryavart Suvidha Yojna  / Aryavart Suvidha Savadhi Rin  Yojna

 

13.25

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

 

12.25

3.g). Consumer Loan To public

Secured

12.25

Unsecured

13.75

3h). Solar Lighting System

 

11.25

3.i). Loan for Branch Premises

 

12.25

3.j). Loan to pensioners/Acharyahit Yojna

 

12.75

3.k). 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