8/4/2021 Interest Rates advance, Interest rate loan, interest rate

As on date - One year MCLR Rate 7.30%  About MCLR

Click Here for Monthly MCLR Rates

As on date, Repo Linked Lending Rate (RLLR): 6.80%

w.e.f. 01.09.2020 About RLLR

As on date, BASE RATE: 8.55% w.e.f. 01.07.2021

As on date, BPLR: 14.00% w.e.f. 01.05.2012

OTHER EXTERNAL BENCHMARK LINKED LOANS

“BANK WILL CHARGE INTEREST ON ALL ADVANCES, UNLESS OTHERWISE SPECIFIED ON THE BASIS OF 365 DAYS PER
YEAR”.

Interest Rate On Advances Linked To MCLR/RLLR

A. RETAIL LOANS
1.HOUSING LOAN
Scheme/Borrower Type Revised Interest Table Codes (Based on RLLR)
Limit Up to Rs. 30 Limit Above Rs. 75
Loan Amount Limit above Rs. 30 lakh upto Rs. 75 lakh
Lakh lakh
Floating
LTV More than 80% up to LTV up to
LTV (%) /Margin/ Customer Type LTV up to 80% LTV up to 75%
85% 80%
PNB Pride*
RLLR+ 0.15% RLLR+ 0.30% RLLR+ 0.40%
Irrespective of Risk
Profile**
OTHER
CIC Score 750 and
RLLR+ 0.15% RLLR+ 0.30% RLLR+ 0.30%
above**
CIC Score 700 and up to
RLLR+ 0.35% RLLR+ 0.45% RLLR+0.55%
749**
CIC Score 650 to 699 RLLR+ 0.60% RLLR+ 0.70% RLLR+ 0.85% RLLR+ 0.95%
CIC Score Less than
RLLR+ 0.70% RLLR+ 0.80% RLLR+ 0.95% RLLR+ 1.05%
650**

Women Borrower## With

CIC Score of 800 and
RLLR
above& LTV up to 70%
(Margin 30%)

*PNB PRIDE covers the permanent employees of Central, State Govt. Para Military personnel and Pensioners of Central & State Govt.

**Concession of 0.05% is available to the women borrower on the applicable rate of interest under all slabs except under CRE category.

In case of Housing loan under Commercial Real Estate (CRE) the applicable rate of interest will be 1.00% higher than the normal rate of interest across all slabs.

## In case of Joint borrower CIC score of women borrower must be 800 and above (average CIC score of joint borrowers 750 and above) and women must be owner/co-
owner & borrower/co borrower to avail the benefit.

In case of housing loan under “Max Saver Scheme” (OD variant of Housing Loan), the additional Rate of interest of 0.15% under each slab will be applicable based on
the Credit Score of the borrower/s

2.TOP-UP HOUSING LOAN (NEW VARIANT UNDER HOUSING LOAN IN ADDITION TO ODHL)
Facility Rate of Interest
Term Loan RLLR+1.35%
Overdraft RLLR + 2.35%

HOUSING FINANCE SCHEME FOR PUBLIC “PNB MAX-SAVER

Scheme/Borrower Type Revised Interest Table Codes (Based on RLLR)
Loan Amount Limit Up to Rs. 30 Lakh Limit above Rs. 30 lakh upto Rs. Limit Above Rs. 75 lakh

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8/4/2021 Interest Rates advance, Interest rate loan, interest rate
75 lakh

LTV (%) / Margin / LTV (%) /Margin/ LTV up to LTV More than 80% up
LTV up to 80% LTV up to 75%
Customer Type Customer Type 80% to 85%

PNB Pride*
RLLR+ 0.30% RLLR+ 0.45% RLLR+0.55%
Irrespective of Risk Profile

CIC Score 750 & above RLLR+ 0.30% RLLR+ 0.45% RLLR+0.45%

CIC Score 700 and up to 749 RLLR+ 0.50% RLLR+ 0.60% RLLR+0.70%

CIC Score 650 to 699 RLLR+ 0.75% RLLR+ 0.85% RLLR+1.00% RLLR+1.10%

CIC Score less than 650** RLLR+ 0.85% RLLR+ 0.95% RLLR+ 1.10% RLLR+ 1.20%

*PNB PRIDE covers the permanent employees of Central, State Govt. Para Military personnel and Pensioners of Central & State Govt.

**Concession of 0.05% is available to the women borrower on the applicable rate of interest under all slabs except under CRE category. To get the benefit of Rate of
Interest. Women should be the sole applicant or one of the co-applicant for the Home Loan and also the sole owner or one of the co-owners of the property proposed to
be financed by the bank.

In case of Housing loan under Commercial Real Estate (CRE) the applicable rate of interest will be 1.00% higher than the normal rate of interest across all slabs.

3.SCHEME FOR FINANCING PURCHASE OF CAR BY PUBLIC

ROI Combo@@ Loan Scheme
Rate of Interest
Scheme/ Borrower Type for Home Loan borrowers.
New Car Old Car New Car Old Car
Women RLLR+ 0.60% RLLR+1.60% RLLR+ 0.35% RLLR+1.35%
Irrespective of
PNB PRIDE* RLLR+ 0.60% RLLR+1.60% RLLR+ 0.35% RLLR+1.35%
CICs Score
Corporate# RLLR+ 0.60% RLLR+1.60% Not applicable Not applicable
CIC Score 750 &
RLLR+ 0.60% RLLR+1.60% RLLR+ 0.35% RLLR+1.35%
above
Others CIC Score 700
RLLR+0.75% RLLR+1.75% RLLR+ 0.50% RLLR+1.50%
Individual and up to 749
CIC Score 550 to
RLLR+ 0.85% RLLR+ 1.85% RLLR+ 0.60% RLLR+ 1.60%
less than 700
New Car – RLLR + 0.50%
Loan to Defence / Para Military
Under Rakshak Plus Old Car – RLLR + 1.50%
Under Fixed Rate option for all% MCLR+0.95% MCLR+1.95%
Not available
PNB Pride Fixed rate option MCLR+0.95% MCLR+1.95%
Floating:-RLLR+0.40%
Insta Vehicle Loan Scheme for Fixed:-
existing home loan borrower
Upto 3years : One year MCLR+1.25%
(New Car Only)
Above 3 years : One year MCLR+1.50%
Employees of CIC Score Rate of Interest
corporate
CIC Score 750&
client RLLR+060%
above
(company)
dealing with CIC Score 700
RLLR+0.65%
our Bank.$ and upto 749

*PNB PRIDE covers the Central/ State Government Employees/ Defence personnel/ Para military Forces/ Pensioners of Central & State Government & Employees of
PSUs.

# Corporates: Business concerns Car Loan financed to business concerns for personal use of their executives i.e. other than for use in business.

@@ Finance of old car not permitted in Combo Loan scheme for home loan borrowers.

% Fixed rate option are permitted under MCLR option only.

$ 0.10% concession in the rate of interest in the bracket “CIC Score 700 and upto 749”

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4.PNB SAARTHI & PNB POWER RIDE– SCHEME FOR FINANCING TWO – WHEELERS TO
PUBLIC/WOMEN
Particular Rate of Interest
Salaried Person RLLR + 2.75%
Other than salaried including business concern & Professionals RLLR + 3.25%
PNB Power Ride (Two Wheeler loan to Women) RLLR + 1.90%

5.EDUCATION LOAN
a) PNB SARASWATI
Rate of Interest Based on
Parameter
RLLR
Loan upto Rs.7.50 lakhs (covered under CGFSEL Scheme) RLLR + 2.00%
Loan upto Rs.7.50 lakhs sanctioned before 16.09.2015 (Not covered under CGFSEL Scheme & without collateral security). RLLR+2.75%
Loan above Rs.7.50 lakhs RLLR+2.75%
Loans irrespective of amount (where 100% tangible collateral security in the shape of IP, enforceable under SARFAESI Act, and/or
RLLR+2.00%
liquid security is available)
b) PNB PRATIBHA
Rate of Interest Based on
Parameter
RLLR
Loan upto Rs.7.50 lakhs sanctioned before
(i) Students getting admissions in institutions other than IITs, IIMs & XLRI
16.09.2015 (Not covered under CGFSEL RLLR + 1.25%
Jamshedpur
Scheme & without collateral security).
Loan upto Rs.7.50 lakhs sanctioned before
(ii) Students getting admissions in IITs, IIMs & XLRI Jamshedpur 16.09.2015 (Not covered under CGFSEL RLLR + 1.15%
Scheme & without collateral security).
(iii) Students getting admissions in institutions other than IITs, IIMs, XLRI Loan up to Rs.7.50 lakhs under CGFSEL RLLR + 0.75%
Jamshedpur & NITs Loan above Rs.7.50 lakhs RLLR + 0.25%
(iv) Students getting admissions in IITs, IIMs, XLRI Jamshedpur & NITs Loan up to Rs.7.50 lakhs under CGFSEL RLLR + 0.65%
(v) Students getting admissions in IITs, IIMs (Except mentioned at point no vi), XLRI
Loan above Rs.7.50 lakhs RLLR + 0.15%
Jamshedpur & NITs
(vi) Student getting admissions in
a. IIM Ahmedabad;

Loan above Rs. 7.50 lakhs RLLR + 0.10%

b. IIM Bengaluru;

c. IIM Kolkata

c) PNB UDDAN
Rate of Interest Based on
Parameter
RLLR
Loan upto Rs.7.50 lakhs (covered under CGFSEL Scheme) RLLR + 2.00%
Loan upto Rs.7.50 lakhs sanctioned before 16.09.2015 (Not covered under CGFSEL Scheme & without collateral security). RLLR + 2.75%
Loan above Rs.7.50 lakhs RLLR + 2.75%
Loans irrespective of amount (where 100% tangible collateral security in the shape of IP, enforceable under SARFAESI Act, and/or
RLLR + 2.00%
liquid security is available)
d) PNB KAUSHAL
Loan up to Rs. 1.50 lakh (Covered under CGFSSD) RLLR+1.50%
e) PNB HONHAAR RLLR + 2.00%
a) PNB PRAVASI SHIKSHA LOAN RLLR + 2.15%

D. Education Loan (Sanctioned before 16.09.2015, Not covered under CGFSEL Scheme & without
collateral security).)
Education Loan ROI based on RLLR for loan up to Rs.7.50 lakhs sanctioned before 16.09.2015 (Not covered under CGFSEL Scheme & without
Scheme collateral security).
PNB SARASWATI RLLR + 2.75 %
a. Students getting admissions in institutions other than IITs, IIMs & XLRI Jamshedpur - RLLR + 1.25%
PNB PRATIBHA
b. Students getting admissions in IITs, IIMs & XLRI Jamshedpur - RLLR + 1.15%
PNB UDAAN RLLR + 2.75%

6.PERSONAL LOAN SCHEME

6.1. FOR PUBLIC/ LIC AGENTS
S.N. Type CIC Score Rate of Interest
Loan to Defence / Para Military Personals drawing salaries through our
1 Not applicable RLLR+2.15%
Bank including customers covered under Rakshak Plus scheme
a. Loan to Govt. Employees drawing salaries through our Bank.

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p y g g
2 CIC Score = 800 RLLR+2.50%
CIC = 750 less than 800
b. Loan to Central Government gazette officer (Section Officer or
equivalent and above) not having salary account with us. Or RLLR+3.50%

With Nil credit history (i.e., -1 or 0)

CIC 650 to 749 RLLR+4.50%
CIC Score less than 650 RLLR+5.00%
CIC Score = 800 RLLR+3.50%
CIC = 750 less than 800
a. Loan to Corporate / other Employees drawing salaries through our
Bank. Or RLLR+4.50%
3
b. Loan to Govt. Employees not drawing salaries through our Bank With Nil credit history (i,e -1 or 0)
(other than covered in Serial No. 2b).
CIC 650 to 749 RLLR+6.50%
CIC Score less than 650 RLLR+7.00%
CIC Score = 800 RLLR+5.00%
CIC = 750 less than 800

Or RLLR+5.50%
4 Loan to employees under check off facility
With Nil credit history (i,e -1 or 0)
CIC 650 to 749 RLLR+7.20%
CIC Score less than 650 RLLR+7.70%
0.10% additional concession in applicable ROI to the customers who opts for coverage under Credit Life Insurance.
0.50% additional concession in applicable ROI to the employees of the institutions/ corporates having exclusive Tie-Up with our bank and at least 100 employees (50 in
case of Tie-ups with Educational Institutions) of the said institutions maintaining salary accounts with us.
6.2. FOR PUBLIC/ LIC AGENTS
6.2. PNB Doctors Delight RLLR + 2.15%
6.3. FOR PUBLIC/ LIC AGENTS
6.3. PERSONAL LOAN SCHEME FOR PENSIONERS RLLR + 2.50%

*(Further, Concession of 1% where prospective borrower (Doctor) maintaining his/her salary account/Receipt collection account with us or where tangible Collator
Security of the value of 100% of loan amount)

S.N. Scheme Particular Rate of Interest

Demand Loan/ term Loan RLLR + 1.95%
1. ADVANCE AGAINST GOLD JEWELLERY/ ORNAMENTS
Overdraft RLLR + 2.20%
Individual RLLR+1.15%
2. ADVANCE AGAINST SOVEREIGN GOLD BONDS
Other than Individual RLLR+2.15%
3. PNB BAGHBAN RLLR+2.75%
4. EARNEST MONEY DEPOSIT (EMD) SCHEME RLLR + 0.25%

7.PNB myProperty Loan.

Rate of Interest
Based on CIC Score of the Borrower
TL OD
CIC Score 750 & above RLLR+1.90% RLLR+2.40%
CIC Score 700 and up to 749 RLLR+2.40% RLLR+2.90%
CIC Score less than 700 RLLR+3.00% RLLR+3.50%

B. AGRICULTURE ADVANCES
1.RATE OF INTEREST FOR AGRICULTURE ADVANCES (EXCLUDING SCHEMATIC LENDING)
Exposure Rates of Interest
Regular KCC/ Crop Loans –O/S upto Rs. 3.00 Lakh 7.00%
Up to Rs. 20.00 Lac (including irregular KCC/ Crop
MCLR(1 Yr) + 1.50%
Loans)
Above Rs. 20 Lakh and upto Rs. 50 lakh MCLR(1 Yr) + 3.00%
As per IRMD MasterTable
Above Rs. 50 lakh
(Refer Section C or D as applicable)

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8/4/2021 Interest Rates advance, Interest rate loan, interest rate
2.RATE OF INTEREST FOR SPECIFIC SCHEMES

a)RATE OF INTEREST FOR NRLM / SRLM SCHEME

Rates of Interest
Particulars NRLM Loans to Women NRLM Loans to Non-Women Borrowers in 250
Borrowers in 250 Identified Identified Districts & in other than 250 SRLM Loans
Districts Identified Districts
Outstanding of Rs. 3.00 Lakh 7.00%
Sanctioned limit up to Rs. 20.00 lakh
a. Loans repayable up to 1 year MCLR (1 Yr)+ 2.10%
b. Loans repayable in >1 year and up to 3 years MCLR (1 Yr)+ 2.15%
c. Loans repayable in >3 years MCLR (1 Yr)+ 2.70%
Sanctioned limit >Rs. 20.00 Lakh As per IRMD MasterTable (Refer Section C or D as applicable)

b)RATE OF INTEREST ON FOOD & AGRO ADVANCES LINKED TO MCLR

ADVANCES UP TO Rs. 20.00 LAKH: MCLR (1 Yr) + 1.25%

ADVANCES ABOVE Rs. 20.00 LAKH: For advances under Food & Agro Processing Segment with sanctioned limit above Rs. 20.00 lakh and up to Rs. 100.00 Crore
(from Banking System) rates of interest will be applicable on the basis of internal & external rating, as under:

EXTERNAL RATING
Internal Risk Rating (Spread over MCLR)
AAA AA A BBB BB & BELOW UNRATED
A1 0.20 0.25 0.30 0.40 2.05 0.55
A2 0.20 0.30 0.35 0.45 2.10 0.60
A3 0.55 0.65 0.75 0.85 2.45 1.00
A4 1.10 1.15 1.20 1.30 3.00 1.45
B1 1.60 1.65 1.70 1.80 3.50 1.95
B2 2.50 2.60 2.95 3.55 4.40 3.80
B3 4.40 4.45 4.85 5.00 5.00 5.00
C1
C2 5.00
C3

c)RATE OF INTEREST ON FOOD & AGRO ADVANCES LINKED TO RLLR

All new floating rates on loans to Food & Agro processing units (Micro, Small and Medium Enterprises MSME units):

ADVANCES UP TO Rs. 20.00 LAKH: RLLR+ (SPREAD) 1.20%.

ADVANCES ABOVE Rs. 20.00 LAKH: For advances under Food & Agro Processing Segment with sanctioned limit above Rs. 20.00 lakh and up to Rs. 100.00 Crore
(from Banking System) rates of interest will be applicable on the basis of internal and external rating, as under:

EXTERNAL RATING
Internal Risk Rating (Spread over RLLR)
AAA AA A BBB BB & BELOW UNRATED
A1 0.35 0.40 0.45 0.55 2.20 0.70
A2 0.40 0.45 0.50 0.60 2.25 0.75
A3 0.70 0.80 0.90 1.00 2.60 1.15
A4 1.25 1.30 1.35 1.45 3.15 1.60
B1 1.75 1.80 1.85 1.95 3.65 2.10
B2 2.65 2.75 3.10 3.70 4.55 3.95
B3 4.55 4.60 5.00 5.15 5.15 5.15
C1
C2 5.15
C3

Note:

Rate of Food & Agro processing Industry is in line with MSME and whenever there is change in rate of interest in MSME, rate of interest applicable on Food & Agro
Processing will change accordingly.

C. MSME ADVANCES (Except Schematic Lending not Specified Elsewhere)

1.EXPOSURE UP TO Rs. 20 LAKH

Particulars Spread over RLLR

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8/4/2021 Interest Rates advance, Interest rate loan, interest rate
Advances up to Rs. 50000/- 0.15%
Advances >Rs. 50000/- to Rs. 20 Lakh 1.40%

2.EXPOSURE ABOVE Rs. 20 LAKH AND UP TO Rs. 5 CRORE

Internal Risk Rating * Spread over RLLR
A1 0.70%
A2 0.75%
A3 1.15%
A4 1.60%
B1 2.10%
B2 3.95%
B3& Below 5.15%

3.EXPOSURE ABOVE Rs. 5 CRORE

External Rating
Internal Risk (Spread over RLLR)
AAA AA A BBB Unrated BB & Below Unrated
Rating
20% 30% 50% 100% 100% 150% 150%
A1 0.35% 0.40% 0.45% 0.55% 0.70% 2.20% 2.20%
A2 0.40% 0.45% 0.50% 0.60% 0.75% 2.25% 2.25%
A3 0.70% 0.80% 0.90% 1.00% 1.15% 2.60% 2.60%
A4 1.25% 1.30% 1.35% 1.45% 1.60% 3.15% 3.15%
B1 1.75% 1.80% 1.85% 1.95% 2.10% 3.65% 3.65%
B2 2.65% 2.75% 3.10% 3.70% 3.95% 4.55% 4.55%
B3 4.55% 4.60% 5.00% 5.15% 5.15% 5.15% 5.15%
C1 & Below 5.15%

D. OTHER ADVANCES (Not Specified Elsewhere)

1.EXPOSURE UP TO Rs. 20 LAKH

Particulars Spread over MCLR

Advances up to Rs. 50000/- 0.00%
Advances >Rs. 50000/- to Rs. 20 Lakh 1.50%

2.EXPOSURE ABOVE Rs. 20 LAKH AND UP TO Rs. 5 CRORE

Internal Risk Rating Spread over MCLR
A1 1.95%
A2 2.00%
A3 2.40%
A4 2.90%
B1 3.75%
B2 4.75%
B3 5.50%
C1& below 6.00%

3.EXPOSURE ABOVE Rs. 5 CRORE

External Rating
Internal Risk (Spread over MCLR)
AAA AA A BBB Unrated BB& Below Unrated
Rating
20% 30% 50% 100% 100% 150% 150%
A1 0.20% 0.25% 0.65% 1.70% 1.95% 2.55% 2.55%
A2 0.25% 0.30% 0.70% 1.75% 2.00% 2.60% 2.60%
A3 0.55% 0.65% 1.05% 2.15% 2.40% 3.00% 3.00%
A4 1.35% 1.50% 1.85% 2.65% 2.90% 3.50% 3.50%
B1 2.20% 2.35% 2.70% 3.50% 3.75% 4.35% 4.35%
B2 3.15% 3.35% 3.65% 4.50% 4.75% 5.30% 5.30%
B3 5.40% 5.55% 5.90% 6.00% 6.00% 6.00% 6.00%
C1 & Below 6.00%

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E. NBFC
SPREAD OVER MCLR FOR NBFC (AFC)
External Rating
Internal Risk Rating AAA AA A BBB Unrated BB & Below Unrated
20% 30% 50% 100% 100% 150% 150%
A1 0.40% 0.55% 1.15% 2.70% 2.95% 4.05% 4.05%
A2 0.45% 0.60% 1.20% 2.75% 3.00% 4.10% 4.10%
A3 0.75% 0.95% 1.55% 3.15% 3.40% 4.50% 4.50%
A4 1.55% 1.80% 2.35% 3.65% 3.90% 5.00% 5.00%
B1 2.40% 2.65% 3.20% 4.50% 4.75% 5.85% 5.85%
B2 3.35% 3.65% 4.15% 5.50% 5.75% 6.50% 6.50%
B3 5.60% 5.85% 6.40% 6.50% 6.50% 6.50% 6.50%
C1 & Below 6.50%
SPREAD OVER MCLR FORNBFC (OTHER THAN AFC)
1.00% over the ROI as mentioned above

F. SPECIFIED CATEGORIES
1. DISCOUNTING OF BILLS:

1.1 INTEREST RATE ON BILL DISCOUNTED/ PURCHASED UNDER LETTER OF CREDIT (DA/DP
Basis)
Tenor of the Bills backed by Confirmed ILCs of Approved Banks Rate of Interest*
Upto 90 days Repo rate + 1.50 %
91 to 180 days Repo +1.75%
181 days – upto less than 1 year Repo +2.00%

Note:The above rate shall apply when the bills are realized as per the original tenor of the bill. In case of bills not realized as per the original tenor of the bill, interest is
to be recovered at RLLR (1 year) + 6.00% for the particular bill from the due date, for the overdue period.

1.2 Bills not backed by ILCs:

Interest Rates as applicable to working capital limits.

2.RATE OF INTEREST IN CASE OF RUPEE EXPORT CREDIT

2.1 RUPEE EXPORT CREDIT (RLLR BASED)

A. PRE-SHIPMENT CREDIT
Particulars Internal Risk Rating Effective Rate of Interest
A1 to A4 RLLR+0.45
(i) Up to 270 days B1 , B2 RLLR+0.65
B3 and below RLLR+0.85
A1 to A4 RLLR+0.55
(ii) Above 270 days and up to 360 days B1,B2 RLLR+0.75
B3 and below RLLR+0.95
B. POST SHIPMENT
Particulars Internal Risk Rating Effective Rate of Interest
A1 to A4 RLLR+0.40
(i) On demand bills for transit period (as specified by FEDAI) B1 , B2 RLLR+0.60
B3 and below RLLR+0.80
(ii) Usance Bills (For total period comprising usance period of export bills, A1 to A4 RLLR+0.50
transit period as specified by FEDAI and grace period, wherever applicable). B1 , B2 RLLR+0.70
Up to 270 days. B3 and below RLLR+0.90

2.2 RUPEE EXPORT CREDIT (MCLR BASED)

A. PRE-SHIPMENT CREDIT
Particulars Internal Risk Rating Effective Rate of Interest
A1 to A4 MCLR+0.40
(i) Up to 270 days B1 , B2 MCLR+0.65
B3 and below MCLR+0.80

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(ii) Above 270 days and upto 360 days A1 to A4 MCLR+0.50
B1,B2 MCLR+0.75
B3 and below MCLR+0.90
B. POST SHIPMENT
Particulars Internal Risk Rating Effective Rate of Interest
A1 to A4 MCLR+0.25
(iii) On demand bills for transit period (as specified by
B1 , B2 MCLR+0.40
FEDAI)
B3 and below MCLR+0.55
(iv) Usance Bills (For total period comprising usance period A1 to A4 MCLR+0.45
of export bills, transit period as specified by FEDAI and B1 , B2 MCLR+0.60
grace period, wherever applicable). Up to 270 days. B3 and below MCLR+0.75

NOTE:

1. Exporters eligible under Interest Equalisation Scheme - MSME & Other category shall enjoy interest equalisation @ 5% and @ 3% respectively in the above rates till
the validity of the scheme.

2. Exporters eligible under the Gold Card Scheme shall enjoy concession @ 0.25% in the above prescribed rates.

2.3 OVERDUE BILLS MORE 180 DAYS AND ABOVE FROM THE DATE OF ADVANCE) (INTEREST TO BE CHARGED AFTER DUE DATE)
RLLR+ 4.00 / 1 Year MCLR + 4.00
2.4 DEFERRED CREDIT/ EXPORT CREDIT NOT OTHERWISE SPECIFIED (ECNOS)
RLLR + 6.00 / 1 Year MCLR + 6.00

3. ADVANCE AGAINST DOMESTIC TERM DEPOSITS, NRE DEPOSITS, FCNR (B) DEPOSITS AND
RESIDENT FOREIGN CURRENCY DEPOSITS
3.1 ADVANCE AGAINST DOMESTIC/ NRE DEPOSITS
Self 1.00%*
Third Party Deposit 2.00%* subject to Min. RLLR / MCLR
*Over the applicable rates of interest on deposits

Note:In case there is more than one deposit in the name of the depositor(s) with
varied rate of interest, 1% or 2% higher on the weighted average of rate of interest
paid on deposits should be taken for calculating interest rate on loan.
3.2 RUPEE LOAN AGAINST FCNR DEPOSITS/ RESIDENT FOREIGN
CURRENCY DEPOSIT (RFC) (IN INDIA)
Self RLLR / MCLR
Third party Deposit RLLR / MCLR + 1.00%
3.3 FOREIGN CURRENCY LOAN AGAINST FCNR/ NRE DEPOSITS (IN
INDIA)
Rate of interest is provided by the Treasury Division on case to case basis.

4.INTEREST RATES ON PAPER SECURITIES, RELIEF BONDS OF RBI & OTHER CATEGORIES
4.1 ADVANCE against LIFE INSURANCE POLICIES, NSCs, KVP, other
postal securities, Govt. & other paper securities
LIP including Postal Life Insurance
Postal Securities (NSC/KVP/IVP)
Bonds/ RBI Relief Bonds, Units of Mutual Fund RLLR / MCLR +3.50%
etc.
Postal Term Deposits
4.2 OTHER
Clean Loan*/Any other category not specified
RLLR / MCLR +6%
elsewhere
Adhoc/Over Limit/ Temporary Facilities 2% over applicable ROI
DRI 4.00%
*Including Advances / Withdrawals against Uncleared Effects

5.FUTURE RENTAL SCHEME

Spread over Applicable Benchmark ie.,
SN Particular
RLLR / MCLR
1. Landlord of own bank Premises 3.00%
2. Other Category

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8/4/2021 Interest Rates advance, Interest rate loan, interest rate
2.1 Individual* As per IRMD MasterTable
2.2 Non-Individual
(Refer Section C or D as applicable)

*In case of individual, rate of interest as applicable to unrated borrowers with risk weight 100% shall be applied.

G. CONCESSIONS

1.COLLATERAL LINKED CONCESSIONS

Security Coverage Concession in Applicable Card Rate as per
Internal Risk Rating *
(% of total exposure) 1 to 6 7 & Below
Up to 50% of the loan
NIL NIL
amount
Above 50% and up to 75% 0.25% NIL
Above 75% and up to 100% 0.50% NIL
Above 100% and upto 150% 0.75% NIL
Above 150% 1.00% NIL
Note: As per RBI guidelines no collateral should be insisted upon for MSE loan up
to Rs. 10 lakh. Accordingly, no concessional rate is applicable for Loans up to Rs.
10 lakh. However, for loan accounts amounting Rs. 10 Lakh and above, the
additional discount /reductions in rate of interest based on % of collateral security
offered by the borrower.
This concession shall not be allowed on collateral securities in shape of Agriculture
Land, Educational Institutions, Hospitals, Nursing homes, Guarantee Cover, Plant &
Machinery.

In any case, the interest rate should not be below applicable benchmark, after
exercising the discretionary powers and concessions.

2.SPECIFIC CONCESSION TO WOMEN ENTREPRENEURS

0.50% concession shall be available to women entrepreneurs enterprises* classified under Priority Sector and 0.25% under non priority sector under women
Empowerment campaign. However, minimum lending rate after giving all rebates shall not be below Applicable Benchmark.

An enterprise shall be classified as a Women Entrepreneurs’ Enterprise where:

One or more women entrepreneurs have not less than 51% financial holding.

Specific for Para No. 1 and 2:

In case of partnership concerns, one or more women partners have not less than 51% profit/loss sharing ratio as per the Registered Partnership Deed

Collateral linked and Specific Concessions to Women Entrepreneurs mentioned at Para No. 1 and 2 aboveshall not be applicable in following cases:

In case of advance is sanctioned under any schematic lending where specific concession in ROI is already inbuilt, subject concession will not be applied unless
specifically mentioned in the scheme.

In case any concession already given by respective / higher sanctioning authority.

Existing Concession already permitted to borrower mentioned at Para No. 1 and 2 shall continue till renewal/review of credit facilities. The proposed guidelines on
concession shall be applicable at the time of renewal/ review of credit facilities.

3.CONCESSIONS NOT SPECIFIED ELSEWHERE

As per discretionary power vested with various sanctioning authority.

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