Institutional Loans

Institutional Loans

  1. Home
  2. /
  3. Loan
  4. /
  5. Institutional Loans

Institutional Loans

SR. TYPES OF LOANS & ADVANCES INTEREST RATE(W.E.F:01/04/2023)
1 FOR THE DCCBS
1.1 S.T. AGRI. LOAN
[1] NABARD SAO REFINANCE 0.25% (MARGIN)
[2] NABARD ASAO REFINANCE 1% (MARGIN)
[3] SAO FROM OWN FUND 9%
1.2 MARKETING OF CROPS
[1] NABARD REFINANCE 0.50% (MARGIN)
[2] LOAN FROM OWN FUND 10%
1.3 REFINANCE OF NABARD’S PACS TO MSCS
SCHEME MARGIN AT INTEREST RATE
NABARD REFINANCE 0.50% (MARGIN)
1.4 NON AGRI. CASH CREDIT: (FOR DISTRICT BANK)
[1] NORMAL (MONTHLY INTEREST) 8%
[2] FOR SUGAR FINANCE (HALF YEARLY INTEREST ) 10%
2 NON AGRI. CASH CREDIT TO UCBS (MONTHLY INTEREST) 12%
3 DIRECT FINANCE TO CO-OP. INSTITUTIONS, COMPANY, & OTHER INSTITUTIONS
[1] PLEDGE CASH CREDIT 10.50%
[2] HYPOTHECATION CASH CREDIT 11%
[3] NON AGRI CASH CREDIT 10%
[4] MEDIUM / LONG TERM LOAN 10%
4 BANK GUARANTEE – COMMISSION (QUARTERLY BASIS)
– 25% F.D.R + 75% BANK APPROVED SECURITIES 2% + GST
– 100% F.D.R 1% + GST
5 LETTER OF CREDIT (L.C) (QUARTERLY BASIS) 0.50% + GST
6 BILLS (USANCE TERMLY) RE-DISCOUNTING RATE ON CONFIRM L.C OF OTHER BANK 12%
– OTHER BILLS (USANCE TERMLY) DISCOUNTING RATE 12.50%

*Terms & Conditions Apply.