Interest Rates for Advances

Interest Rates on Advances

    Description
    Min. rate
    Max. rate
    Export Bill Finance - Rupee Facilities 13.5% 14.5%
    Import Bill Finance - Rupee Facilities 17.0% 18.0%
    Lending to Small & Medium Scale Industries (SMEs) 9.0% Weekly AWPLR +1%
    Residential Housing 14.0% 16.5%
    Pawning - 17.0%
    US Dollar Loans to Exporters 5.0% 7.0%
    Overdrafts    
    • Permanent
    		   (Loan rate + 1.5%)
    • Temporary
    		   30.0%
    Personal Loans 17.0% 20.0%
    Vehicle Loans 19.0% 20.0%
    Credit Cards - 2.0 % (Monthly)
    Agricultural Lending 8.0%

    13.0%
    Refinance Schemes    
    i. Agriculture & Animal Husbandry    
    • Tea development Project (revolving fund)-(TDPRF)
    		 - 9%
    • Agro - Livestock Development Project
    		 11.5% 14.5%
    ii. Small & Medium Enterprises Sector    
    • Self - Employment initiative Loan Scheme
    		- AWPLR + 1% (Minimum 9%)
    iii. Micro Finance Sector    
    • Poverty Alleviation Microfinance Project (Revolving Fund) PAMP Scheme
    		- 12%
    • Divinaguma
    		 - 9%