HPSCBIMG

The Himachal Pradesh State Co-operative Bank Ltd.

Interest Rates

INTEREST RATES ON LOANS & ADVANCES Annexure A
A. Repo Linked Lending Rate (RLLR) based w.e.f. 16.01.2025
RLLR=8.16% (Repo rate -6.50% +COM-1.15%+Risk Cost-0.51) , CRP= as decided in ALCO
PRIORITY SECTOR LOAN
Sr No. Type of Loan G.L. Code ROI Calculation ROI Individual/Others ROI Organizations
1 Hpstcb House Building Advance Loan Scheme (Existing Loan cases) 2007435 RLLR+CRP (8.16% +1.09%) 9.25% (Existing accounts opened before 13.06.2024) -
2 House Loan- Ind (Hpscb- Apna Ghar Rin Yojna) 200743 RLLR+CRP (8.16% +1.09%) 9.25% -
3 Hpscb Special Home Loan Scheme (closed on 31.03.2020) 2007431 -
4 Apna Ghar Rin Yojna 2020 2007433 -
5 Emergent Credit Line Smart Phone & Electronic Gadgets 200907 RLLR+CRP (8.16% +0.84%) 9.00% -
6 Hpscb Easy Loans To Students Scheme 2009807 RLLR+CRP (8.16% +1.34%) 9.50% -
7 JP Assoc. Truck and New Him Region Specific Loan 200716 RLLR+CRP (8.16% +0.84%) 9.00% -
8 Hpscb Home Stay/Hotel/Motel Loan Scheme 200722 RLLR+CRP (8.16% +2.34% for individual & 1.84% for org.) 10.50% 10.00%
9 Education Loan 200731 RLLR+CRP (8.16% +1.84%) 10.00% -
10 Self Employment Loan /EDA 200753 RLLR+CRP (8.16% +2.84% for individual & 2.34% for org.) 11.00% 10.50%
11 Him Swarojgar Credit Card Term Loan 200763 RLLR+CRP (8.16% +2.84%) 11.00% -
12 CC Limit Ind.(Pledge/Hypo.Etc) 200822 RLLR+CRP (8.16% +3.34/3.09% for individual & 2.84/2.34% for org.) 11.50% upto 5 lakh; 11.25% above 5 lakh 9.00%
13 Swarojgar Credit Card Scheme 200903 RLLR+CRP (8.16% +2.84%) 11.00% -
14 Working Capital Loan For Stage Carriage Bus Operator 200911 RLLR+CRP (8.16% +2.84%) 11.00% -
15 Hpscb Loan for Empowerment of Women Entrepreneurs 2009803 RLLR+CRP (8.16% +2.09%) 10.25% -
16 PM Vishwakarma Loan scheme 200912 RLLR+CRP (8.16% +4.84%) 13.00% -
17 Hpscb Working Capital Loan for Hospitality Industries 2009806 RLLR+CRP (8.16% +1.84%) 10.00% -
18 Hpscb Easy Loans to PACS as DMA - RLLR+CRP (8.16% +0.72%) - 8.88%
19 LPG Loan Scheme - RLLR+CRP (8.16% +3.34%) 11.50% -
20 Hort. Tourism - RLLR+CRP (8.16% +2.84% for individual & 2.34% for org.) 11.00% 10.50%
NON PRIORITY SECTOR LOANS
21 Vehicle Loan-Individual(including Two Wheeler) 200712 RLLR+CRP(8.16% +0.79% for existing/1.84% for old vehicle) 8.95% for existingaccounts opened before 13.06.2024,(Old vehicle 10%) -
22 Vehicle Loan Emp Govt/Board.(including Two Wheeler) 200713 RLLR+CRP(8.16% +0.79%/1.84% for individual & -0.17/+1.84% for org.) 7.99% (Old vehicle 10%)
23 E vehicle- Private (including Two Wheeler) 2009910 RLLR+CRP (8.16% +0.79%) 8.95% for existing accounts opened before 13.06.2024,
24 E-Vehicle commercial 2009911 RLLR+CRP (8.16% +0.79% for individual/- 0.17% for org.) 7.99%
25 Vehicle Loan-SRTO/commercial vehicle 200714 RLLR+CRP (8.16% +0.79% for individual/- 0.17% for org.) 7.99%
26 Hpscb Vahan Rin Yojna-Festival Offer (scheme closed) 200718 RLLR+CRP (8.16% +0.79%) 8.95%
27 Loan Against Pension 200756 RLLR+CRP (8.16% +2.34%) 10.50% (for Bank's retired staff simple rate @ 1% less than others ) -
28 Loan Against Rent 200757 RLLR+CRP (8.16% +2.84%) 11.00% 11.00%
29 Gold Loan Scheme 200985 RLLR+CRP (8.16% +0.24%) 8.40% -
30 Hpscb Loan Against Property 200986 RLLR+CRP (8.16% +4.34% for individual & 3.84 for org.) 12.50% 12.00%
31 Personal /CD Loan-Ind 2009801 RLLR+CRP (8.16% +3.84/4.09%) Govt Empl: 12.00%; Other Indi:12.25% (Existing accounts opened before 16.01.2025) -
32 Personal /CD Loan-Ind (category Him Region Specific Loan) 2009801 RLLR+CRP (8.16% +3.34%) 11.50% -
33 Hpscb Top Up Personal Loan Scheme 2009804 1% higher than Apna Ghar Rin Yojana Scheme -
34 Consumption Loan for House Furnishing 2006501 1% higher than linked House Loan account -
35 Hpscb Loan Against Salary 2009802 RLLR+CRP (8.16% +3.59%) 11.75% (Existing accounts opened before 16.01.2025) -
36 HPSCB Sashakt Mahila Rin Yojana 200650 RLLR+CRP (8.16% +0.35%) 8.51%
37 LAS For Workers On Fixed Emoluments 2009808 RLLR+CRP (8.16% +1.34%) 9.50%
INTEREST RATES ON LOANS & ADVANCES
B. Repo Linked lending Rate (RLLR) +CIBIL based w.e.f. 16.01.2025
R=8.16% (Repo rate -6.50% +COM-1.15%+Risk Cost-0.51) , CRP= as decided in ALCO
HOUSE LOAN (For accounts opened after 13.06.2024
38 Hpstc House Building Advance Loan Scheme 2007435 >800 RLLR+CRP=8.95%
i.e., (8.16%+0.79%)		 8.95%
750-799 RLLR+CRP=9.25%
i.e., (8.16%+1.09%)		 9.25%
700-749 RLLR+CRP=9.50%
i.e., (8.16%+1.34%)		 9.50%
650-699 RLLR+CRP=9.75%
i.e., (8.16%+1.59%)		 9.75%
600-649 RLLR+CRP=10.00%
i.e., (8.16%+1.84%)		 10.00%
*NTC/No CIBIL Score RLLR+CRP=9.50%
i.e., (8.16%+1.34%)		 9.50%
VEHICLE LOAN (For accounts opened after 13.06.2024)
Sr No Type of Loan G.L. CODE CIBIL ROI Calculation ROI Individual/others
39 Vehicle Loan-Individual (including Two Wheeler) 200712 >800 RLLR+CRP=8.75%
i.e., (8.16%+0.59%)		 8.75%
40 Veh Loan Emp Govt/Board (including Two Wheeler) 200713 750-799 RLLR+CRP=9.00%
i.e., (8.16%+0.84%)		 9.00%
41 E-vehicle-Private (including Two Wheeler) 200910 700-749 RLLR+CRP=9.15%
i.e., (8.16%+0.99%)		 9.15%
42 E-vehicle Commercial 200911 650-699 RLLR+CRP=9.30%
i.e., (8.16%+1.14%)		 9.30%
43 Vehicle Loan-SRTO/commercial vehicl 200714 600-649 RLLR+CRP=9.15% i.e.,(8.16% +0.99%) 9.45%
*NTC/No CIBIL Score/-1 RLLR+CRP=9.15% i.e.,(8.16% +0.99%) 9.15
Note:- In case of 100 % liquid security offered by borrower under House Loan & Vehicle Loan scheme, the rate applicable to CIBIL score >800 shall be charged. However, instructions circulated vide HOGC 7/2021-22 dated 08.04.2021 regarding CIC operational guidelines should be adhered strictly
PERSONAL LOAN (For accounts opened after 15.01.2025)
Sr No Type of Loan G.L. CODE CIBIL ROI Calculation ROI Individual/others
44 HPSCB Loan Against Salary 2009802 >800 RLLR+CRP=11.75%
i.e., (8.16% + 3.59%)		 11.75%
750-799 RLLR+CRP=12.00%
i.e., (8.16% + 3.84%)		 12.00%
700-749 RLLR+CRP=12.25%
i.e., (8.16% + 4.09%)		 12.25%
650-699 RLLR+CRP=12.50%
i.e., (8.16% + 4.34%)		 12.50%
600-649 RLLR+CRP=12.75%
i.e., (8.16% + 4.59%)		 12.75%
*NTC/No CIBIL Score/-1 RLLR+CRP=12.25%
i.e., (8.16% + 4.09%)		 12.25%
45 Personal/CD Loan-Ind 2009801 >800 Govt. Employee - RLLR+CRP=12.00%
i.e., (8.16%+3.84%)
Others - RLLR+CRP=12.00%
i.e., (8.16%+3.84%) 		12.00%
12.25%
750-799 Govt. Employee - RLLR+CRP=12.25%
i.e., (8.16%+4.09%)
Others - RLLR+CRP=12.25%
i.e., (8.16%+4.09%) 		12.25%
12.50%
700-749 Govt. Employee - RLLR+CRP=12.50%
i.e., (8.16%+4.34%)
Others - RLLR+CRP=12.50%
i.e., (8.16%+4.34%) 		12.50%
12.75%
650-699 Govt. Employee - RLLR+CRP=12.75%
i.e., (8.16%+4.59%)
Others - RLLR+CRP=12.75%
i.e., (8.16%+4.59%) 		12.75%
13.00%
600-649 Govt. Employee - RLLR+CRP=13.00%
i.e., (8.16%+4.84%)
Others - RLLR+CRP=13.00%
i.e., (8.16%+4.84%) 		13.00%
13.25%
*NTC/No CIBIL Score/-1 Govt. Employee - RLLR+CRP=12.75%
i.e., (8.16%+4.59%)
Others - RLLR+CRP=12.75%
i.e., (8.16%+4.59%) 		12.50%
12.75%
INTEREST RATES ON LOANS & ADVANCES C. other than RLLR & CIBIL based w.e.f. 16.01.2025
IPRIORITY SECTOR LOANS
Sr No Type of Loan G.L. CODE ROI Individual ROI Others
46 Farm Plus (Previously MTA) 2006217 9.50% 9.00%
i) Watershed & Wadi Scheme - 5.50% -
ii) Power Tiller Loan - 9.50% 9.00%
iii) Poly House Loan Scheme - 9.50% 9.00%
iv) Sheep Rearing & Ruminants Scheme - 10.50% 10.00%
v) AIF 2006221 9.50% 9.00%
vi) ACABC 20062181 9.50% -
vii) FPO 2006219 (Term)
2008228 (CC)		 - 9.00%
viii) AMI 200652 9.50% 9.00%
47 Emergent Credit Line (Term Loan) Covid-19 200906 10.00% 10.00%
48 Emergent Credit KCC Covid-19 200904 10% Simple interest -
49 Emergent Credit Line (CC Ind.) Covid-19 200905 10.00%
50 Kisan Credit Card 200612 7% Upto 3 Lakh
11% Above 3 Lakh		 5.5% Upto 3 Lakh
9% Above 3 Lakh
51 KCC to Animal Husbandry Farmers & Fisheries 200616 7% Upto 3 Lakh
11% Above 3 Lakh		 5.5% Upto 3 Lakh
9% Above 3 Lakh
52 Kisan Credit Card Societies 200614 - 5.5% Upto 3 Lakh
9% Above 3 Lakh
53 Short Term Agriculture 200611 9.50% 9.00%
54 KCC Investment Term Loan 200615 7% Upto 3 Lakh
10% Above 3 Lakh		 5.5% Upto 3 Lakh
9% Above 3 Lakh
55 Loan scheme for purchase & Development of land and agricultural purposes 200913 Up to 5 lacs: 10%
Above 5 lacs: 11%		 -
56 Loan scheme for developing High Density Apple Plantation 200653 10.00% -
57 KCCB 200621 - 0.25%
58 JCCB 200622
59 ICDP Sirmour 200624 - As per sanction letter
60 ICDP Shimla 200626
61 ICDP Mandi-II 200627
62 WBP/I.C.D.P. Loans 200651 As per sanction letter -
63 Account For Food Corporation Of India 200658 - As per sanction letter
64 Acc. for Food Credit to Govt Of Punjab New 200660
65 Acc. for Food Credit to other State Govt 200662
66 Solar Power Generation Scheme 200633 10.50% 10.50%
67 Medium Term Conversion 200633 11.00% 11.00%
68 Irrigation Loan Scheme 200642 9.50% 9.00%
69 SEMFAX(Farm) 200643
70 PME GP/K&VIB /K&VIC Loan 200644 12.00% -
71 SGSY/SJSRY Loan 200645 11.00% -
72 Hpscb Mukhya Mantri Yuva Aajivika Yojana 200646 11.00% -
73 Hpscb Mukhya Mantri Swavalamban Yojana 200647
74 Hpscb Mukhya Mantri Swavalamban Yojana-2019 200648 -
75 Rajiv Gandhi Swarozgaar Start-up Yojana (RGSSY) E-vehicle: 200991
CC-200830
TL-200764		 7.90% - for e-vehicle & shall be reset every year in the month of April, 11% - for all other categories 11.00%
76 Him Dugdh Ganga /DEDS 200717 10.50% 10.00%
77 Venture Capital Fund Loan Scheme 200717 9.50% 9.00%
78 Rural Godown Loan 200743 9.50% 9.00%
79 Tractor Loan 200754 9.50% 9.00%
80 SHGs (Self Help Groups) 200761 10.00% -
81 CC WSHG 200613 10.00% -
82 National Rural Livelihood Mission 200760
  • Upto Rs.3 lakh: 7%
  • Rs.3 lakh to Rs.5 lakh: 8.45%
  • Above Rs.5 lakh: 10%
 -
83 CC National Rural Livelihood Mission 200874
84 CC Empowerment Of Women Entrepreneurs 200827 10.25% -
85 CC DAY-NULM 200829 10.00% -
86 DAY-NULM TL 200989
87 SC/ST & WDC Corp Loan 200841 11.00% -
88 Women Dev. Corp. (Tie up cases) 200841 11.00% -
89 Joint Liabilities Group 200762 10.00% -
90 Weavers- Short Term 200782 10.50% 10.00%
91 CC Limit Soc(PDS/Fert/Plg/Hyp) 200821 - 9.00%
92 C C Fertilizer 200823
93 CC Marketing 200824
94 Marketing Of Crops 200772 - 10% upto 1 crore & 9.75% above 1 crore
95 CC Hpscb Mudra Loan Scheme 200826 12.00% -
96 Street Vendors Atam Nirbhar Nidhi Loan 200908 11.00% -
97 Medium Term Loan SSI/Industry 200931 11.00% -
98 Hpscb Mudra Loan Scheme 200987 12.00% -
99 PACS As MSC Scheme 200988 - 4.00%
100 Hydro Power Projects 277777 9.50% 9.50%
101 Hpscb Purchase of Small Pickup or Mini Truck Loan 2006220
  • One employee guarantor with DDO undertaking/salary a/c holder: 7.75%
  • Having 25-50% liquid security + one guarantor: 8.00%
  • 100% liquid security: 7.50%
 -
102 Hpscb Pradhan Mantri Awas Yojana - Housing Urban 2007432 10.00% -
103 PM Formalization of Micro Food Processing Enterprise (PMFME) 2009908 10.00% 10.00%
104 Hpscb Construction/Setting of Cold Storage and Warehousing Loan 2007434 9% Simple 9% Simple
105 SEMFEX (Non Farm) - 11.50% -
106 Long Term Loan to Govt of Punjab 2009905 As per Investment Section
NON PRIORITY SECTOR LOANS
107 Board & Corp. Term Loan 20088 As per H.O. sanction
107 Board & Corp. Term Loan
109 Medium Term Soc. Non Agri 200981 11.00%
110 Medium Term Loan Ind. 200982 - -
111 Loan Under HP Public Money Act 20067 As per parent account scheme -
112 Loan Under Arbitration 200661
113 Loan Under Liquidation 200663
114 Loan Under Execution 200665
115 Arbitration A/C 2006661
116 Execuation A/C 2006663
117 Liquidation A/C 2006665
118 Public Money Act 2006666
119 erm Loan (LIC/NSC/KVP) 200875
119 Term Loan (LIC/NSC/KVP) 200875 3% over & above ROI of security -
120 CC Limit (LIC/NSC/KVP) 200876
121 House Loan - Staff 200901 7.50% Simple Interest -
122 Personal Loan - Staff 200902 -
123 Vehicle Loan - Staff 200903 -
124 Warm Cloth Staff - - -
125 CC Clean /Swarn Jay.CC Limit Staff 200902 7.00% -
126 HPSCB Future Fund Borrowing Plan 2009909 8.15% as decided by EPFO from time to time
127 Ride Ready - Finance for purchasing Bicycle/e-Cycle 200915 10.00% -
128 Bharat Darshan - Travel Loan Scheme 200914 10.00% 10.00%
129 Loan against Bank's Own Deposits (LABOD) (Term Loan/CC Limit)
CC Limit(200866) Term Loan (200865)
i Individual 1.00% higher than the interest allowed on security 0.75% higher than the interest allowed on security
ii Board, Corporations, Institutions, Organisation* (Up to Rs. 5.00 Crore) 0.75% higher than the interest allowed on security 0.75% higher than the interest allowed on security
Board, Corporations, Institutions, Organisation* (Above Rs. 5.00 Crore) 0.50% higher than the interest allowed on security 0.50% higher than the interest allowed on security
iii Staff (On roll & retired) 0.25% higher than the interest allowed on security
*Organizations i.e. PACS, Cooperative Societies, Other Societies, Boards, Corporations, Unions , Federations, Govt./Semi Govt. Undertakings, others etc.

Sr.No. Type of Deposit & Periodicity Rate of interest (%age per annum)
  Term Deposit General PACS Senior Citizen
1 7 days to 14 days 5.5 6 6
2 15 days to 29 days 5.5 6 6
3 30 days to 45 days 5.5 6 6
4 46 days to 90 days 5.5 6 6
5 91 days to 179 days 5.75 6.25 6.25
6 180 days to 270 days 6.25 6.75 6.75
7 271 days to < than 1 year 6.25 6.75 6.75
8 1 year 7.1 7.6 7.85
9 (only to individuals under Sarvpriya deposit Scheme) 7.4 - 7.9
10 Above 1 year to < than 2 years 7 7.5 7.5
11 2 years to  < than 3 years 6 6.5 6.5
12 3 years to  < than 5 years 6.1 6.6 6.6
13 5 years to 10 years 6.15 6.65 6.65
14 Saving Bank Deposit 2.8 3.3 2.8
15 Reserve Fund Societies 6.65  

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