Sl No.

Category of Advances

Interest Rate (p.a.)  to be effective from 24 November 2024

01

Agriculture & Rural Credit

 13.50%

02

Term Loan for Large Industries

14.50% 

03

Term Loan for Cottage, Micro, Small & Medium Enterprises (CMSME)- non PPG Loan

  14.50% 

04

Working Capital for Industries

a) Large Industries

b) Cottage, Micro, Small & Medium Enterprises(CMSME)- non PPG Loan

14.50% 

14.50%  

05

Pre-Shipment Export Credit 

13.50%

06

Trade Finance 

14.50% 

07

House Building Loan

a) House Building Loan (Commercial)

14.50%  

b) House Building Loan (Gen)

14.50% 

08

Consumer Credit

15.00% 

09

Credit Card

20.00%

10

Credit to Non-Banking Financial Institution

14.50%  

11

Others :

a) OD (Exp) [Forced loan]

14.50% 

b) SOD/Loan against FDR of other Banks, ICB unit, WEDB, Any other allowable instrument etc.

15.00% (for Consumer)

14.50% (for Corporate)

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.

d) LDBP

  14.50%  

e) All other loans & advances created on forced circumstances

  14.50%  

f) Loan against Forced Import Payment

  14.50%  

g) OD (General) against work order / OD against Pay Order / Earnest Money Scheme

  14.50%  

h) Others (not covered above)

  14.50%  

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%