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Agricultural Advances

Applicable Rate of Interest from 10.10.2017 based on

Base Rate of 9.45% p.a.

Sr. No. Particulars Applicable rate of interest from 10.10.2017 Base Rate of 9.45% p.a.
A-i Crop loan: The applicable rate of interest will be 9.45% p.a. (security documents will carry this rate only). However, branches should charge interest @7%p.a. upto a limit of Rs.3 lakh till the due date of the crop loan.
a. upto Rs.3 lakh irrespective of other limits (whenever interest subvention is available)
b. over Rs. 3 lakh up to 10 lakh 1.35% over Base Rate – i.e.Minimum 10.80%
A -ii Other than Crop Loan:  
a. Aggregate limits upto Rs.3 lakh 0.95% over Base Rate – i.e.Minimum 10.40%
b. Aggregate limits over Rs.3 lakh and upto & inclusive of Rs.10 lakh 1.35% over Base Rate- i.e.Minimum 10.80%.

Aggregate limits over Rs.10 lakh

B (i) SBS-1 SBS-2 SBS-3 SBS-4 SBS-5 SBS-6 SBS-7 SBS-8 SBS-9 SBS-10
Aggregate limits over Rs.0.10cr but below 1cr and/or turnover 0.50cr and above but below 5cr 10.20 10.40 10.60 10.80 11.00 11.20 11.20 11.40 11.60 11.80
B (ii) SME-1 SME-2 SME-3 SME-4 SME-5 SME-6 SME-7 SME-8 SME-9 SME-10
Aggregate limits over Rs.1cr but below 5cr and/or turnover 5cr and above but below 50cr 10.20 10.40 10.60 10.80 11.00 11.20 11.20 11.40 11.60 11.80
B (iii) MS-1 MS-2 MS-3 MS-4 MS-5 MS-6 MS-7 MS-8 MS-9 MS-10
Limits of Rs.5 crore & above but not exceeding Rs.30 crore and/or turnover of Rs.50 crore and above but not exceeding Rs.150 crore. 10.40 10.40 10.50 10.65 11.20 11.20 11.60 11.60 11.80 11.80

Aggregate limits Rs.30 crore and above

Aggregate limits Rs.30 crore and above
  Hybrid LC1 Hybrid LC2 Hybrid LC3 Hybrid LC4 Hybrid LC5 Hybrid LC6 Hybrid LC7 Hybrid LC8 Hybrid LC9 Hybrid LC10
  EC1 EC2 EC3 EC4 EC5 EC6 EC7 EC8 EC9 EC10
Above Rs.30 cr. or turnover Rs.150 to Rs.300 cr. 10.40 10.40 10.50 10.65 11.20 11.20 11.40 11.60 11.80 11.80
Above Rs.30 cr. or turnover Rs.300 to Rs.500 cr. 10.40 10.40 10.50 10.65 11.20 11.20 11.40 11.60 11.80 11.80
  LC1 LC2 LC3 LC4 LC5 LC6 LC7 LC8 LC9 LC10
Above Rs.30 cr. or turnover more than Rs.500 cr. 10.40 10.40 10.50 10.65 11.20 11.20 11.40 11.60 11.80 11.80

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