INTEREST RATES FOR ADVANCES

  Interest Rates on Advances (With effect from 13th August  2014)

                                                        Facility Minimum Maximum
  Overdrafts *Temporary 24.00% 24.00%
  Pawning 16.50% 16.50%
  Credit Cards 24.00% 24.00%
  Lease Finance  13.00% 14.00%
     
  Agriculture Loans - Excluding Plantation (Up to 2 Mn) 10.50% 14.00%
  Agriculture Loans - Excluding Plantation (Above 2 Mn) 12.50% 14.50%
     
  Personal Loans 13.00% 14.00%
  Housing Loans 13.00% 13.00%
  Advances for SMEs AWDR+3.00 11.00%
  Advances for Tourism / Construction 13.00% 15.00%
  Advances for Other Industries 13.00% 15.50%
  Advances for Trading / Consumption / Service & Other 15.00% 17.00%
     
     
  Export Bill Finance - Rupee Facilities
12 .50%
17.00%
  Import Bill Finance - Rupee Facilities
15.00%
17.50%
  US Dollar Loans to Exporters 5.00% 7.00%