BARODA GUJARAT GRAMIN BANK       REACHING TO UNREACHED.....
Rate Of Interest On Term Advance
 

Interest Rates of Advances

 
 

RATE OF INTEREST ON ADVANCES

Revised Interest Rate w.e.f. 01-09-2016

 

 

 

 

Sr. No.

 

SECTOR / SCHEME

 

 

 

PRIORITY SECTOR

 

 

 

 

 

A

 

FARM SECTOR

 

 

I

CROP LOAN  ( inclusive of  B.G.G.K.C.C scheme )

 

 

 

 

 

 

( a )

Up to Rs.3,00,000/-  Subject to Govt. of India provides 3 % subvention to Banks on such advances.

         7.00%

 

 

 

 

 

( b )

For Crop Loan cases not covered in ( a ) above

 

 

 

up to Rs.50,000/

9.90%

 

 

Above Rs.50,000/- to Rs.2,00,000/-

10.65%

 

 

Above Rs.2,00,000/- to Rs.3,00,000/-

11.00%

 

 

Above Rs.3,00,000/- to Rs.10,00,000/-

11.50%

 

 

Above Rs.10,00,000/-

11.75%

 

 

 

 

 

II

TERM LOAN  ( under FARM sector) 

 

 

 

Farm Mecanisation, Minor Irrigation,Land Development,Pipeline,Dairy projects, Plantation  & Horticulture Projects, Agri. clinics, Agri Business Centres, Rain Water Harvesting Scheme, Rural Godown, purchase of land  etc...     

 

 

 

 

 

 

 

up to Rs.50,000/-

10.40%

 

 

Above Rs.50,000/- to Rs.2,00,000/-

11.00%

 

 

Above Rs.2,00,000/- to Rs. 3,00,000/-

11.00%

 

 

Above Rs.3,00,000/- to Rs. 10,00,000/-

12.00%

 

 

Above Rs.10,00,000

12.50%

 

    

 

 

 

III    

Term Loan for Micro Irrigation System through (GGRC Ltd )

 

 

 

For SMALL  and MARGINAL  FARMERS.

11.75%

 

 

For OTHER FARMERS.

12.25%

 

 

 

 

B

 

NON  FARM  SECTOR

 

 

 

 

 

 

I

Baroda Gujarat Loans to TRADERS ( T/L and O.D. ), Cash Credit

 

 

 

 

 

 

 

up to Rs.50,000/-

12.00%

 

 

Above Rs.50,000/- to Rs.2,00,000/-

12.00%

 

 

Above Rs.2,00,000/- to Rs.5,00,000/-   

12.00%

 

 

Above Rs.5,00,000/-                             

12.00%

 

 

 

 

 

II

ADVANCE   AGAINST    PROPERTY   ( T/L and O.D. )

 

 

 

 

 

 

 

Up to Rs.2,00,000/-    

12.50%

 

 

Above Rs.2,00,000/-

12.50%

 

 

 

 

 

III    

Baroda Gujarat Loans to DOCTORS

 

 

 

 

 

 

 

up to Rs.3,00,00,000/-

11.15%

 

 

Above Rs.3,00,00,000/- to 10,00,00,000/-

11.50%

 

 

Above Rs.10,00,00,000/- up to Rs.15,00,00,000/-

12.00%

 

 

 

 

 

IV

HOUSING LOANS to INDIVIDUALS

9.62%

 

 

 

 

 

V     

EDUCATION LOANS

 

 

 

 

 

 

 

up to    Rs.7,50,000/-

12.40%

 

 

Above Rs.7,50,000/-   

11.65%

 

 

(Education loan for Girls student,  0.50% concession in the  interest rate  to be

 

 

 

 

 

 

VI    

Swarojgar Credit Card Scheme ( S.C.C. )

 

 

 

 

 

 

 

up to    Rs.2,00,000/-

11.00%

 

 

 

 

 

VII   

Loans to MSME

 

 

 

 

 

 

 

up to Rs.50,000/-

11.00%

 

 

Above Rs.50,000/- up to Rs.2,00,000/- 

11.00%

 

 

Above Rs.2,00,000/- up to Rs.10,00,000/- 

12.00%

 

 

Above Rs.10,00,000/-

12.15%

 

 

 

 

 

VIII

TERM LOAN (under Priorot sector, NON FARM sector) not covered in above Schemes

 

 

 

 

 

 

 

up to Rs. 50,000/-

11.00%

 

 

Above Rs.50,000/- up to Rs.2,00,000/-

11.00%

 

 

Above Rs.2,00,000/- to Rs.10,00,000/-

12.00%

 

 

Above Rs.10,00,000/-

12.15%

 

 

 

 

 

IX

Loans to S.H.G.s ( Self Help Group ) & JLG (Joint Liability Groups)

12.15%

 

 

 

 

 

 

 

 

 

X

SULABH SUVIDHA SCHEME for SHG members

10.90%

 

 

 

 

 

XI    

CAR / JEEP  Loans ( New / Second Hand )

10.00%

 

 

 

 

 

 

Car loan to Existing Home Loan REGULAR borrowers : Concession of 0.25% in rate of interest on Car Loans to our existing Home Loan borrowers who maintain a good track record of repayment without any overdue.

9.75%

 

 

 

 

 

XII

Eco Friendly Gas Kit Loan for CAR Owners

13.00%

 

 

 

 

 

XIII

General Credit Card Scheme

13.00%

 

 

 

 

 

 

NON  PRIORITY SECTOR

 

 

 

 

 

C

 

PERSONAL LOANS

 

 

 

 

 

 

I

Baroda Gujarat MARRIAGE Loans 

 

 

 

 

 

 

 

up to Rs.50,000/-       

15.90%

 

 

Above Rs.50,000/- to Rs.2,00,000/-

15.90%

 

 

 

 

 

II     

CLEAN LOAN ( Over Draft ) to Salary Class Individuals

14.00%

 

 

 

 

 

III

CONSUMER DURABLE    LOANS

 

 

 

 

 

 

 

loans to INDIVIDUALS

14.00%

 

 

loans under GROUP LOAN SCHEME

14.00%

 

 

 

 

 

 IV 

 TWO WHEELER Loans

 

 

 

 

 

 

 

loans to ALL OTHER INDIVIDUALS

12.50%

 

 

cases having EMPLOYER UNDER TAKING for recovery

12.00%

 

 

Loans to Farmer

12.00%

 

 

 

 

D

 

LOAN AGAINST SECURITIES

 

 

 

 

 

 

I

Loan Against Sesurities     NSC, KVP, LIC Policies, Relief  Bonds / Govt. Bonds   

11.00%

 

II

LABOD

 

 

 

To the    DEPOSITOR   ( % above contracted rate )

1.00%

 

 

Against THIRD PARTY reciept     ( % above contracted rate )

2.00%

 

 

To     SENIOR CITIZEN                ( % above contracted rate )

1.00%

 

 

 

 

 

III

Penalty for taking over by other Banks / financial institutions

0.50% of balance outstanding for each year of residual period subject to maximum of 3%

HOME  |  ANNUAL REPORT  |  PRESS RELEASES  |  SERVICES CHARGES  |  COMPLAINTS  |  SUGGESTIONS  |  LIST OF HOLIDAYS  |  UNCLAIMED DEPOSITS

                   EMI CALCULATOR  |  NRI BRANCHES  |  BCSBI  |  THE BANKING OMBUDSMAN SCHEME  |  POLICIES & GUIDELINES  |  CONTACT US
Baroda gujrat gramin bank All rights reserved.[ Disclaimer ]
Hit Counter
                        layout by: ZipZap Computers.