Head Office
B-Ind-123, Udhna Udhyog Nagar, Road No. 9,
Udhna, Surat-394210, Gujarat, India.
Rate of interest on deposits with effect from 16th November 2016
Fixed Deposits | Rate of interest |
91 - 180 days | 6.00% |
181 - 365 days | 6.50% |
Above 1 year | 7.50% |
Flexi Recurring scheme
27 months to 120 months | Bank rate + 1% |
Savings Bank | 4.00% |
Note :
Rate of interest on loan and advances with effect from 1st Sept. 2017
Type of Advances |
Rate of interest |
Machinery Loan to SSI Unit |
10.50% |
Machinery Loan to MSI Unit |
11.00% |
W.C.T.L. for Retailer & SSI |
11.50% |
W.C.T.L. for others |
12.00% |
Loan to Professionals |
10.50% |
Education Loan |
12.00% |
Housing |
11.00% |
Vehicle Loan – RTO |
11.50% |
- Others(Repayments 3 Years of less) |
10.00% |
- Others(Repayments more than 3 Years of less) |
11.50% |
Mortgage Loan (other than SSI/MSI/Traders) |
14.00% |
CC – SSI & Retail |
10.50% |
- Others |
11.50% |
OD - SSI & Retail |
11.50% |
- Others |
12.00% |
- Ags. Property (ODP) |
14.00% |
Gold Loan |
12.00% |
Bill Discounting |
14.00% |
Personal Loans |
14.00% |
Loan Ags. Govt. Securities/LIC |
11.00% |
Loan to Disable Person (up to Rs. 10000/-) |
4.00% |
Micro Finance |
24.00% |
Adhoc Limit |
14.00% |