Interest Rates
Interest Rates
Deposit Interest Rates
Loan Interest Rates
Puducherry Grama Bank
Deposit Interest Rates
Savings Bank Interest Rate
|
Interest rate on Savings Bank Deposits |
2.80 % p.a. |
|---|
Remarks:
- The above interest structure is applicable for Domestic Savings Bank Deposits, Ordinary Non- Resident Savings Bank Deposits (NRO), Non - Resident (External) Savings Bank Deposits (NRE).
Special Deposit Schemes
| Deposit Scheme | Period of Deposit |
Size of Deposit | Rate of Interest |
|---|---|---|---|
| PUDUVAI VASANTHAM | 444 days | Minimum: Rs.10,000/- Maximum: Rs.99,99,999/- | 7.00 % Additional interest for senior citizens by 0.5 %. |
Interest Rates On Deposits
| Period | Deposit below Rs. 1.00 Crore |
Bulk Deposits | |
|---|---|---|---|
| Deposit of Rs.1.00 Crore to less than Rs.3.00 Crore |
Deposit of Rs.3.00 Crore and above |
||
| 15 - 29 days | 4.00 | 5.75 | 5.75 |
| 30-45 days | 4.00 | 5.75 | 5.75 |
| 46 - 90 days | 4.75 | 5.85 | 5.85 |
| 91 - 120 days | 5.10 | 5.80 | 5.80 |
| 121-180 days | 5.10 | 5.80 | 5.80 |
| 181 - 269 days | 5.75 | 6.10 | 6.10 |
| 270 - 364 days | 6.00 | 6.50 | 6.50 |
| 1 year to less than 2 years | 6.60 | 7.25 | 7.40 |
| 2 years to less than 3 years | 6.60 | 6.75 | 6.75 |
| 3 years to less than 5 years | 6.50 | 6.00 | 6.00 |
| Above 5 years | 6.50 | 6.00 | 6.00 |
Remarks:
- Senior Citizens (with age of 60 years and above) are eligible for an additional rate of 0.50 % for deposits below Rs.1 crore. The above interest rates applicable to deposits on NRE and NRO.
Puducherry Grama Bank
Loan Interest Rates
| Type of Loan | Rate of Interest |
|---|---|
| Kisan Credit Card - Crop | 7.00% Onwards |
| Kisan Credit Card - Animal Husbandry | 7.00% Onwards |
| Kisan Credit Card - Fisheries | 7.00% Onwards |
| Joint Liability Group (JLG) | 13.50% Onwards |
| Self Help Group (SHG) | 7.00% Onwards |
| Housing Loan | 7.15% Onwards |
| Mortgage Loan | 12.00% Onwards |
| MSME/PMMY (MUDRA) | 11.00% Onwards |
| Loan against gold as collateral | 9.75% Onwards |
| Pension Loan | 12.5% Onwards |
| Vehicle Loan - 2 Wheeler | 12.00% Onwards |
| Vehicle Loan - 4 Wheeler | 9.45% Onwards |
*Rate of interest is subject to scheme guidelines, may change from time to time.
