Deposit Rate
SCHEDULE OF INTEREST RATE - % PER ANNUM (EFFECTIVE FROM 19-JUNE-2024)
| Category Of Deposit | Slabs | Rate Of Interest (P.A.) | ||||||
|---|---|---|---|---|---|---|---|---|
| Savings | Any Amount | 3.00% | ||||||
| Special Notice Deposit | Below 25.00 crore | 3.00% | ||||||
| 25.00 crore & above | 4.00% | |||||||
| FDR for 1 Month | Any Amount | 7.00% | ||||||
| FDR for 3 Months | ||||||||
|
9.00% | |||||||
| 9.25% | ||||||||
|
9.50% |
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| FDR above 6 Months | ||||||||
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| FDR for 1 Year and above completed years |
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Restructured of interest Rates on lending effective from 24 November 2024 :
|
Sl No. |
Category of Advances |
Interest Rate (p.a.) to be effective from 24 November 2024 |
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|
01 |
Agriculture & Rural Credit |
13.50% |
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|
02 |
Term Loan for Large Industries |
14.50% |
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|
03 |
Term Loan for Cottage, Micro, Small & Medium Enterprises (CMSME)- non PPG Loan |
14.50% |
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|
04 |
Working Capital for Industries a) Large Industries b) Cottage, Micro, Small & Medium Enterprises(CMSME)- non PPG Loan |
14.50% 14.50% |
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|
05 |
Pre-Shipment Export Credit |
13.50% |
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|
06 |
Trade Finance |
14.50% |
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|
07 |
House Building Loan |
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|
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a) House Building Loan (Commercial) |
14.50% |
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b) House Building Loan (Gen) |
14.50% |
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|
08 |
Consumer Credit |
15.00% |
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|
09 |
Credit Card |
20.00% |
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|
10 |
Credit to Non-Banking Financial Institution |
14.50% |
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|
11 |
Others : |
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a) OD (Exp) [Forced loan] |
14.50% |
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b) SOD/Loan against FDR of other Banks, ICB unit, WEDB, Any other allowable instrument etc. |
15.00% (for Consumer) 14.50% (for Corporate) |
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c) SOD/Loan against lien on FDR and Scheme Deposit (Except Super Savers’ Term Deposit) of our Bank. |
i) 2.50% above the FDR/Effective Scheme Deposit rate of interest in case of upto 80.00% lien on FDR/Scheme Deposits. ii) 3.00% above the FDR/Effective Scheme Deposit rate of interest in case of above 80.00% to below 90.00% lien on FDR/Scheme Deposits. Head office Circular # 4786 dated 17.04.2024 will also be followed. |
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d) LDBP |
14.50% |
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e) All other loans & advances created on forced circumstances |
14.50% |
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f) Loan against Forced Import Payment |
14.50% |
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g) OD (General) against work order / OD against Pay Order / Earnest Money Scheme |
14.50% |
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h) Others (not covered above) |
14.50% |
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|
12
|
For products under PPG based: Retail Loan Products Festival Small Business Loan (Gen) Small House Loan Scheme NBL Small Business Loan NBL Housing Loan NBL Lease Financing (for Consumer Credit) NBL Lease Financing (for Others) NBL Auto Finance NBL Weaver loan NBL Micro loan NBL Nari Jagaran Loan NBL Trinamul Uddog Loan NBL Nobo Uddog Loan NBL Probash Bandhu NBL Student Loan |
15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 14.50% |
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