Rate Of Interest On Term Advance
Gujarat Gramin Bank - Rate of Interest | ||||
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Bank's BPLR (Benchmark Prime Lending Rate) : 9.30% with its effective date is : 01-05-2025. | ||||
Type | Sr. No. | Scheme Name | Parameters | Rate of Interest (% per annum) |
Agriculture Loans | 1 | Kisan Credit Card (Crop Loan) | Up to Rs.3,00,000/- and Financing marketing of Crops against Pledge of Agriculture Produce / Stock to farmers (with reference to modified Interest Subvention scheme of GoI for Short Term Loans) | |
2 | Cash Credit (Crop Loan) / Cash Credit (Agriculture) | Up to Rs. 3,00,000/- | 1.70% above BPLR i.e. 11.00 | |
Above Rs. 3,00,000/- to Rs. 5,00,000/- | 2.20% above BPLR i.e. 11.50 | |||
Abov Rs. 5,00,000/- | 2.70% above BPLR i.e. 12.00 | |||
3 | Kisan Tatkal | 2.70% above BPLR i.e. 12.00 | ||
4 | Agriculture Term Loan | Up to Rs. 3 Lakhs | 2.20% above BPLR i.e. 11.50 | |
Above Rs. 3 Lakhs to Rs. 10 | 2.45% above BPLR i.e. 11.75 | |||
Above Rs. 10 Lakhs | 2.60% above BPLR i.e. 11.90 | |||
5 | Car Loan to Farmer | Based on CIBIL Score: | ||
800 and Above | 0.55% below BPLR i.e. 8.75 | |||
771 to 799 | 0.30% below BPLR i.e. 9.00 | |||
726 to 770 | 0.20% below BPLR i.e. 9.10 | |||
701 to 725 | 0.10% below BPLR i.e. 9.20 | |||
675 to 700 | 0.10% above BPLR i.e. 9.40 | |||
650 to 674 | 0.20% above BPLR i.e. 9.50 | |||
(-1) | 0.20% below BPLR i.e. 9.10 | |||
6 | Two Wheeler to Farmers | 3.00% above BPLR i.e. 12.30 | ||
7 | Overdraft to Agro based and Agro processing Unit | Rating | ||
A+ | 1.50% above BPLR i.e. 10.80 | |||
A | 2.25% above BPLR i.e. 11.55 | |||
A(-) | 3.00% above BPLR i.e. 12.30 | |||
B | 3.75% above BPLR i.e. 13.05 | |||
C | 4.50% above BPLR i.e. 13.80 | |||
D* | 5.00% above BPLR i.e. 14.30 | |||
E* | 5.50% above BPLR i.e. 14.80 | |||
The Proposal Having Rating D & E to be reffered to Next Authority for decision. | ||||
8 | Loan for Agro based and Agro processing units | |||
Collateral Security: | ||||
Below 50% | 0.35% above BPLR i.e. 9.65 | |||
Above 50% to 100% | 0.10% above BPLR i.e. 9.40 | |||
Above 100% | 0.15% below BPLR i.e. 9.15 | |||
9 | Financing to Joint Liability Groups (Farm Sector) | 3.15% above BPLR i.e. 12.45% | ||
10 | Loan against Bank's Own Deposit (Agriculture) | Category | RoI | |
General Customer / Senior Citizen | 1.00% above Deposit Rate | |||
Against the Secuirty of Third Party | 2.00% above Deposit Rate or 10.00% whichever is higher | |||
11 | GGB Agri end use & Agri hiring Tractor Loan Scheme | 4.50% above BPLR i.e. 13.80% | ||
12 | GGB Agri cum Commercial end use Tractor Loan Scheme | 4.00% above BPLR i.e. 13.30% | ||
13 | Government Sponsored Agriculture | Loan limit up to Rs. 3.00 Lakhs | 2.50% above BPLR i.e. 10.80% | |
Loan limit above Rs. 3.00 Lakhs | 2.75% above BPLR i.e. 11.05% | |||
14 | Financing of units for construction / renovation / expansion of Storage facilities | 3.50% above BPLR i.e. 12.80 % | ||
15 | Gold Loan (Agriculture) | 0.30% below BPLR i.e. 9.00 | ||
Retail Loans | 16 | Housing Loan for General Public | Based on CIBIL Score: | Up to Rs. 15 Lakhs |
800 and above | 0.55% below BPLR i.e. 8.75 | |||
771 to 799 | 0.55% below BPLR i.e. 8.75 | |||
751 to 770 | 0.45% belwo BPLR i.e. 8.85 | |||
726 to 750 | 0.30% below BPLR i.e. 9.00 | |||
701 to 725 | 0.20% below BPLR i.e. 9.10 | |||
Less than 701 | 0.80% above BPLR i.e. 10.10 | |||
(-1) | 0.20% below BPLR i.e 9.10 | |||
Based on CIBIL Score: | Above Rs. 15 Lakhs | |||
800 and above | 1.15% below BPLR i.e. 8.15 | |||
771 to 799 | 0.95% below BPLR i.e. 8.35 | |||
751 to 770 | 0.95% belwo BPLR i.e. 8.35 | |||
726 to 750 | 0.70% below BPLR i.e. 8.60 | |||
701 to 725 | 0.50% below BPLR i.e. 8.80 | |||
Less than 701 | 0.80% above BPLR i.e. 10.10 | |||
(-1) | 0.50% below BPLR i.e. 8.80 | |||
17 | Additional Assured Advance | 0.70% above applicable rate of linked housing loan | ||
18 | Car Loan (Public) | Based on CIBIL Score: | ||
800 and Above | 0.55% below BPLR i.e. 8.75 | |||
771 to 799 | 0.30% below BPLR i.e. 9.00 | |||
726 to 770 | 0.20% below BPLR i.e. 9.10 | |||
701 to 725 | 0.10% below BPLR i.e. 9.20 | |||
675 to 700 | 0.10% above BPLR i.e. 9.40 | |||
650 to 674 | 0.20% above BPLR i.e. 9.50 | |||
(-1) | 0.20% below BPLR i.e. 9.10 | |||
19 | Advance Against Property (Individual) | CIBIL SCORE | ||
800 and above | 0.75% above BPLR i.e. 10.05 | |||
760 to 799 | 0.90% above BPLR i.e. 10.20 | |||
725 to 759 | 1.10% above BPLR i.e. 10.40 | |||
675 to 724 | 1.40% above BPLR i.e .10.70 | |||
below 675 up to 650 | 2.40% above BPLR i.e 11.70 | |||
(-1) | 1.40% above BPLR i.e 10.70 | |||
20 | Mortgage Loan (Non-individual) | Margin Above 50% | 1.00% above BPLR i.e 10.30 | |
Margin up to 50% | 1.50% above BPLR i.e 10.80 | |||
21 | Personal Loan | Salary A/c with our Bank | Salary with other Bank / Non-salaried | |
CIBIL Score: 701 and above & (-1) : 1.55% above BPLR i.e.10.85% Below 701 : 3.50% above BPLR i.e. 12.80% |
CIBIL Score: 701 and above & (-1) : 1.55% above BPLR i.e. 11.35% Below 701 : 3.50% above BPLR i.e. 12.80% |
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22 | Government Employee Salary Account | As Per Scheme Guidelines issued from time to time | ||
23 | Loan Against Future Rent Receivables | For Land Lords of Bank premises/ Office | 1.00% above BPLR i.e 10.30 | |
For Others | 1.50% above BPLR i.e 10.80 | |||
24 | Two Wheeler & Consumer Durable (General Public) | 2.20% above BPLR i.e. 12.50 | ||
25 | Education Loan (All Segments) | Collateral Security Free | 2.70% above BPLR i.e. 12.00 | |
Collateral Security up to 50% | 1.70% above BPLR i.e. 11.00 | |||
Collateral Security above 50% | 1.20% above BPLR i.e. 10.50 | |||
(Education loan for Girls student, 0.50% concession in the interest rate to be allowed ) | ||||
26 | Education / Car / Housing loan to PWDs under NDFDC scheme | As per guidelines issued by NDFDC from time to time | ||
27 | Suvidha Personal Loan | CIBIL Score | ||
701 & above (-1) | 1.55% above BPLR i.e. 10.85 | |||
Less than 701 | 2.05% above BPLR i.e. 11.35 | |||
28 | Personal loan to aanganwadi workers | CIBIL Score: 701 and above & (-1) : 1.55% above BPLR i.e.10.85% Below 701 : 3.50% above BPLR i.e. 12.80% |
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29 | Personal loan to Pensioners | For Retired Employees of our Bank / their Family Pensioners: | For others: | |
0.70% above BPLR i.e. 10.00 | 2.70% above BPLR i.e. 12.00 | |||
30 | Gold Loan (Retail) | 0.20% below BPLR i.e. 9.10 | ||
MSME | 31 | Aarogyadham Loan Scheme | 0.20% abobe BPLR i.e. 9.50 | |
32 | Small Road Transport Operators | 2.00% above BPLR i.e. 11.30% | ||
33 | Loans to MSME (Other than SRTO / Arogyadham) | Up to Rs.25,00,000/- | 0.90% above BPLR i.e. 10.20 | |
Above Rs. 25,00,000/- to Rs. 1,00,00,000/- | ||||
( Rating A+) | 0.90% above BPLR i.e. 10.20 | |||
( Rating A) | 0.95% above BPLR i.e. 10.25 | |||
( Rating A-) | 1.00% above BPLR i.e. 10.30 | |||
( Rating B) | 1.05% above BPLR i.e. 10.35 | |||
( Rating C) | 1.10% above BPLR i.e 10.40 | |||
( Rating D) | 3.50% above BPLR i.e. 12.80 | |||
( Rating E) | 4.30% above BPLR i.e. 13.80 | |||
Above Rs. 1,00,00,000/- | ||||
( Rating A+) | 0.90% above BPLR i.e. 9.30 | |||
( Rating A) | 0.10% above BPLR i.e.9.40 | |||
( Rating A-) | 0.20% above BPLR i.e. 9.50 | |||
( Rating B) | 0.30% above BPLR i.e. 9.60 | |||
( Rating C) | 0.70% above BPLR i.e 10.00 | |||
( Rating D) | 1.10% above BPLR i.e. 10.40 | |||
( Rating E) | 1.50% above BPLR i.e. 10.80 | |||
34 | OD against land and building to MSMEs | Security Margin above 50% | 1.00% above BPLR i.e. 10.30 | |
Security Margin up to 50% | 1.50% above BPLR i.e. 10.80 | |||
35 | Traders Loan | BGTL-1 to 4 (above 80%) | At par BPLR i.e. 9.30 | |
BGTL 5 to 6 (Above 50% to 80%) | 0.50% above BPLR i.e. 9.80 | |||
BGTL Below 6 (Below 50%) | 1.80% above BPLR i.e. 11.10 | |||
36 | Financing to BC / MUDRA Loan / Artisan Credit Card | Category: | ||
SHISHU ( up to Rs.50,000/-) | 0.70 % above BPLR i.e.10.00 | |||
KISHORE ( from Rs. 50,001/- to Rs.5,00,000/-) | 1.70 % above BPLR i.e.11.00 | |||
TARUN ( from Rs. 5,00,001/- to Rs.10,00,000/-) | 2.70 % above BPLR i.e. 12.00 | |||
TARUN+ (Above Rs. 10,00,000/- to Rs. 20,00,000/-) | 2.70 % above BPLR i.e. 12.00 | |||
37 | Financing to SHGs | up to Rs. 3 Lakhs 7.00%* | ||
Above Rs. 3 Lakhs to Rs. 5 Lakhs 8.50%* | ||||
Above Rs. 5 Lakhs, 3.20% above BPLR i.e. 12.50 | ||||
*Applicable in Non-NPA accounts and subject to NRLM Interest Subvention Guidelines. RoI in NPA accounts to be charged at contractual rate i.e. 12.50% per annum. | ||||
38 | Financing to JLGs (Non-farm Sector) | 3.15% above BPLR i.e. 12.45% | ||
39 | Self employment activities for PWDs under NDFDC Schemes | As per guidelines issued from time to time from NDFDC | ||
40 | General Credit Card | 5% above BPLR i.e. 14.30 | ||
41 | Real Estate Loan | 3.00% above BPLR i.e. 12.30 | ||
42 | BGECL | 0.05% below BPLR i.e. 9.25 | ||
43 | Loans for CA Firm | 0.20% above BPLR i.e. 9.50% | ||
Others | 44 | Loan against securities: NSC / KVP / LIC Policies | Overdraft | 3.00% above BPLR i.e.12.30 |
Term Loan | ||||
For General Public | 3.00% above BPLR i.e.12.30 | |||
For Staff | 1.00% above BPLR i.e.10.30 | |||
45 | Loan against Bank's Own Deposit | To the Depositor | 1% above Term Deposit Rate | |
To Sr. Citizen | 1% above Term Deposit Rate | |||
Against Third Party Receipt | 2% above Term Deposit Rate or 10% (whichever is higher) | |||
To Staff Members of our Bank | 1% above Term Deposit Rate | |||
46 | Financing to NBFCs /Others (Not covered above) | 0.70% above BPLR i.e. 10.00 | ||
Government Sponsored Schemes | 47 | PM Surya Ghar Muft Bijli Yojana | Up to 3 KW | 2.30 % below BPLR 7% |
More than 3 KW | 0.30 % below BPLR 9% | |||
48 | Financing under AIF Scheme | UP to Rs.2 Crore | 0.30% below BPLR i.e. 9.00 % | |
(For all eligible projects as per MoU executed by the Bank and DA & FW, GoI. No conession in Rate of Interest shall be given for loans up to Rs. 2 Crore. | ||||
Above Rs.2 Crore | ||||
Collateral Security : 100% and Above | 0.30% below BPLR i.e. 9.00 % | |||
Collateral Security : Above 75% and less than 100% | 0.05% below BPLR i.e 9.25% | |||
Collateral Security : Above 50% and up to 75% | 0.10% above BPLR i.e. 9.40% | |||
Collateral Security : up to 25% to 50% | 0.20% above BPLR i.e. 9.50% | |||
49 | Financng under PM KUSUM | Up to Rs. 3.00 Lakhs | 1.50% above BPLR i.e. 10.80 | |
Above Rs. 3.00 Lakhs to Rs. 10 Lakhs | 2.00% above BPLR i.e. 11.30 | |||
Above Rs. 10.00 Lakhs | ||||
Collateral Security below 50% | 2.00% above BPLR i.e. 11.30 | |||
Collateral Security from 50% to 100% | 1.50% above BPLR i.e. 10.80 | |||
Collateral Security above 100% | 1.00% above BPLR i.e. 10.30 | |||
50 | Financing against e-NWR (Farmers and non-individuals) | 0.15% above BPLR i.e. 9.45 | ||
Staff Loans | 51 | Staff Loans | Please refer circulars refardig respective Staff Loan Schemes issued from time to time. |