Interest Rates

 

Deposit | Loan

 

Deposit Interest Rates

Regular | Senior Citizens | NRE | Staff

Note: The interest rates are given below may be fluctuate. 
Interest Rates are subject to change without any notice. Kindly co-operate with the bank for the same. 
The interest rates are effective from 01/10/2009.

Customer type

Deposit Type / Scheme

Period

Int. Rate

Regular

Current Deposit

 

Nil

 

Saving Deposit

 

3.50%

 
 

Fixed Deposit

15 days to 90 days

4.00%

   

91 days to 180 days

5.00%

   

181 days to not more than 1 year

6.00%

   

1 year to not more than 2 year

7.25%

   

2 year to not more than 3 year

8.00%

   

3 year to not more than 5 year

8.25%

   

5 year & above

8.00%

 
 

Dam Didpat

59 months & 18 days

 

 

(above Rs. 15 Lacs)

55 months & 6 days

 
 
 

Dam Duppat

105 months & 1 day

 

 

(above Rs. 15 Lacs)

99 months & 28 days

 
 
 

Urban Tax Saving Deposit

 

9.00%

 
 

Single deposit 
(15 lacs to above) 

Above 2 Years

Regular Rate
+
0.50% extra

 

Senior Citizens
(means Indian Resident who have completed 60 years)

 

 

Regular Rate
+
0.50% extra

 

Kutumb Pramukh 
Tax Saving Deposit

(without any extra int. rate)

9.50%

 
 

Dam Didpat

(without any extra int. rate)

55 months & 6 days

 

 
 

Dam Duppat

(without any extra int. rate)

99 months & 28 days

 

       
 

Non Resident Indians 
(for NRE and NRO) 

Please contact to respected branch.

   

 

Term Deposit

 

As per RBI directivities. At present linked to LIBOR or SWAP Rate

 

   

 

 

Staff or Retired Staff of The Karad Urban Co-op. Bank Ltd., Karad

   

Regular Rate
+
1% extra

 

 

 

 

 

 

 

 

 

 

Loan Interest Rates
Note: The interest rates are given below may be fluctuate. 
Interest Rates are subject to change without any notice. 

Kindly co-operate with the bank for the same. 
 The interest rates are effective from 03/09/2009.

Type of Loan

Int. Rate

Gold Loan 

12%

N.S.C., L.I.C. Policy

12%

House Hold Purchasing

15%

Home Loan for Personal

(House Purchase, Construction or Repair)

12.50%

Home Loan for Commercial

(Purchase of Place for Own Business, Office Shop)

   a) Upto Rs. 20 Lacs

   b) Above Rs. 20 Lacs and Upto Rs. 50 Lacs

   c) Above Rs. 50 Lacs

 

 

 

12.50%

14.50%

14%

Vehicle Loan (Personal)

12.50%

Vehicle Loan (Commercial)

14%

Ware House, Ware House Receipts

14%

A. General Loan, Clean Cash Credit (who's Salary deposited in our bank)

 

B. General Loan, Clean Cash Credit (for others) & Festival Cash Credit

15%

 

 

16%

Commercial Real Estate

18%

Cash Credit - Against  Stock and Debtors

Cash Credit - Against  Property / Machinery 

14.50%

14.50%

Other Terms Loans (Based on Sanctioned Limit)

                         Upto Rs. 50 Lacs

                         Above Rs. 50 Lacs

 

14.50%

14%

Cheque and Hundi Discounting / D.D. Discounting

18%

Pigmy Loan

14.50%

The Karad Urban Co-op. Bank Ltd., Karad Banks Staff Cash Credit

9%