Interest Rates

Rate of Interest on Loans

Sr.

.No.

Type of Loans  

                         Rate of Interest (in %age)

 

NABARD to SCB

Apex to CCBs

CCBs to PACS

PACS to Member

(1)

              (2)

(3)

(4)

(5)

(6)

I)

Crop Loan/KCC loan

4.50

5.00

5.50

7.00

II)

Professional & other purposes

-

9.00

 

 

III)

Rural Artisans ( owned fund)

-

9.00

 

 

IV)

Revolving Cash Credit Scheme

 

10.00

 

 

 

STL Fertilizer

-

9.00

 

-

V)

Non Farm Finance Scheme:-

NABARD to Apex

Apex to CCBs

 

a)

Minor Irrigation, SGSY, SHGs,

SC / ST action plan, Dry Land Farming

10.00

10.50

 

b)

Rural Godowns

10.00

10.50

 

c)

NFF (ARF)

10.00

10.50

 



Rate of Interest of Harco Bank on Deposit w.e.f. 01.06.2016

Sr. No.

Type of Deposit/ Period

 

Intt. Rate

1

Savings                                   

4.00 %

2

7 -14 days

4.00 %

3

 15 days to 45 days                

5.50%

4

46 days to 90 days                 

6.50%

5

91 days to 179 days               

7.00%

6

180  days but less than 1 year

7.40%

7

1 year but less than 2 years

7.50%

8

2 years but less than 3 years

7.50%

9

3 years & above

7.50%

10

S.B. P/F Account

8.75%

11

Call Deposit at 15 days notice

2.50%

12

Call Deposit at 46 days notice

3.50%

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