English
INTEREST RATES
Rates with effect from 01.03.2019
Children's Savings Deposits - MUTHUSINA & CHALLENGER DEPOSITS
Rate % (p.a)
6.00
AER % (p.a)
6.17
SAUBHAGYA - Normal Savings Deposits
Rate % (p.a)
4.00
AER % (p.a)
4.07
KAPTHURA - Fixed Deposits
Period
01 Month
03 Months
06 Months
12 Months
24 Months
36 Months
48 Months
60 Months
120 Months
12 Months
24 Months
36 Months
48 Months
60 Months
Interest Payment
On Maturity
On Maturity
On Maturity
On Maturity
On Maturity
On Maturity
On Maturity
On Maturity
On Maturity
Monthly
Monthly
Monthly
Monthly
Monthly
Rate % (p.a)
7.00
10.04
10.54
11.00
11.50
12.25
12.75
13.00
13.50
10.50
10.50
10.50
10.50
10.50
AER % (p.a)
7.23
10.42
10.82
11.00
10.91
11.00
10.85
10.53
8.92
11.02
11.02
11.02
11.02
11.02
KAPTHURA - Fixed Deposits
For Senior Citizens
Period
Senior Citizens One Year
Senior Citizens One Year
Interest Payment
On Maturity
Monthly
Rate % (p.a)
11.50
11.00
AER % (p.a)
11.50
11.57
PIDUMA - Fixed Deposits (For Senior Citizens)
Period
03 Months
06 Months
12 Months
24 Months
36 Months
48 Months
60 Months
120 Months
03 Months
06 Months
12 Months
24 Months
36 Months
48 Months
60 Months
Interest Payment
On Maturity
On Maturity
On Maturity
On Maturity - Special
(Age above 60)
(Age above 60)
On Maturity
On Maturity
On Maturity
On Maturity
On Maturity
Monthly
Monthly
Monthly
Monthly - Special
(Age above 60)
(Age above 60)
Monthly
Monthly
Monthly
Monthly
Rate % (p.a)
10.04
10.54
11.50
15.00
11.75
12.50
12.75
13.50
13.50
9.75
10.25
11.00
14.06
11.00
11.00
11.00
11.00
AER % (p.a)
10.42
10.82
11.50
15.00
11.13
11.20
10.85
10.87
8.92
10.20
10.75
11.57
15.00
11.57
11.57
11.57
11.57
Loan Rates
Category
Mortgage Loans
Category 1
Category 2
Type of Income
Salaried income or Professional Income
Other than Salaried Income (Business and Foreign Employment etc.)
Option 1
Fixed Rate
throughout
the period (up to 10 years)
throughout
the period (up to 10 years)
15.00% p.a.
15.25% p.a
Rate
Fixed Rate
throughout
the period (up to 15 years)
throughout
the period (up to 15 years)
15.50% p.a.
15.75% p.a.
Fixed Rate
throughout
the period (up to 25 years)
throughout
the period (up to 25 years)
16.00% p.a.
N/A
Option 2
Floating Rate
throughout
the period
(Revised Quarterly)
throughout
the period
(Revised Quarterly)
*AWPLR(03m)
+3.00% p.a.
+3.00% p.a.
*AWPLR(03m)
+3.50% p.a.
+3.50% p.a.
* AWPLR is calculated based on the weekly average of AWPLR for the past three months
(note : AWPLR - Average Weighted Prime Lending Rate)
(note : AWPLR - Average Weighted Prime Lending Rate)
Category
EPF Loans
Direct Salary Remittances
Direct Salary Remittances
Personal Loans
(Professionals)
Upto 5 Years
Upto 7 Years
Upto 10 Years
(Professionals)
Upto 5 Years
Upto 7 Years
Upto 10 Years
Others
(Including Employees in
Government/
Semi Government
Institutions)
Upto 5 Years
Upto 7 Years
Upto 10 Years
(Including Employees in
Government/
Semi Government
Institutions)
Upto 5 Years
Upto 7 Years
Upto 10 Years
Private Sector Employees
Upto 5 Years
Upto 7 Years
Upto 5 Years
Upto 7 Years
Personal Loan
(Property Mortgage)
Salaried income
Upto 10 Years
Greater than 10 years
(Property Mortgage)
Salaried income
Upto 10 Years
Greater than 10 years
Personal Loan
(Property Mortgage)
Upto 10 Years
Upto 15 Years
(Property Mortgage)
Upto 10 Years
Upto 15 Years
SME Loans
Upto 5 Years
Upto 10 Years
Floating Rate
Upto 5 Years
Upto 10 Years
Floating Rate
Low Income Group
Upto 5 Years
Upto 5 Years
Vehicle Loans
Upto 5 Years
Upto 7 Years
Upto 5 Years
Upto 7 Years
Micro Finance
Interest Rate % (p.a)
16.00
15.00
15.50
15.75
15.75
16.25
16.75
16.00
16.50
15.25
15.75
15.75
16.00
15.00
AWPLR(03m)+3.50% p.a.
15.00
15.00
15.50
20.00
