HPSCBIMG

The Himachal Pradesh State Co-operative Bank Ltd.

Interest Rates

The H.P.State Cooperative Bank Ltd. Head Office The Mall Shimla-1
INTEREST RATES ON LOANS & ADVANCES
RLLR=6.98% (Repo rate -5.50% +COM-1.04%+Risk Cost-0.44) , CRP= as decided in ALCO
PRIORITY SECTOR LOANS
Sr No. Type of Loan G.L. Code ROI Individual/Others ROI Organizations ROI **(Members of Coop. Societies)
1 Hpstcb House Building Advance Loan Scheme (Existing Loan cases) 2007435 8.90% (Existing accounts opened before 13.06.2024) - -
2 House Loan- Ind (Hpscb- Apna Ghar Rin Yojna) 200743 8.90% - -
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 9.00% - 8.90%
6 Hpscb Easy Loans To Students Scheme 2009807 9.50% - 9.40%
7 JP Assoc. Truck and New Him Region Specific Loan 200716 9.00% - -
8 Hpscb Home Stay/Hotel/Motel Loan Scheme 200722 10.50% 10.00% 10.40%
9 Education Loan 200731 9.50% - 9.40%
10 Self Employment Loan /EDA 200753 10.50% 10.00% 10.40%
11 Him Swarojgar Credit Card Term Loan 200763 11.00% - 10.90%
12 CC Limit Ind.(Pledge/Hypo.Etc) 200822 Upto 5 lakh-10.75% ; above 5 lakh-11.00% 9.00% Upto 5 lakh-10.65% ; above 5 lakh-10.90%
13 Swarojgar Credit Card Scheme 200903 11.00% - 10.90%
14 Working Capital Loan For Stage Carriage Bus Operator 200911 11.00% - 10.90%
15 Hpscb Loan for Empowerment of Women Entrepreneurs 2009803 10.25% - 10.15%
16 PM Vishwakarma Loan scheme 200912 13.00% - 12.90%
17 Hpscb Working Capital Loan for Hospitality Industries 2009806 RLLR+CRP (7.91% +2.09%) 10.00% -
18 Hpscb Easy Loans to PACS as DMA 200649 - 8.88% -
19 LPG Loan Scheme - 11.50% - 11.40%
20 Hort. Tourism 200755 11.00% 10.50% 10.90%
NON PRIORITY SECTOR LOANS
21 Vehicle Loan-Individual(including Two Wheeler) 200712 8.50% for existing accounts opened before 13.06.2024, (Old vehicle 10%) - -
22 Vehicle Loan Emp Govt/Board.(including Two Wheeler) 200713 RLLR+CRP(7.91% +1.04%/2.09% for individual & 0.08/+2.09% for org.) 7.99% (Old vehicle 10%)
23 E vehicle- Private (including Two Wheeler) 2009910 RLLR+CRP (7.91% +1.04%) 8.95% for existing accounts opened before 13.06.2024,  
24 E-Vehicle commercial 2009911 RLLR+CRP (7.91% +1.04% for individual/- 0.08% for org.) 7.99%
25 Vehicle Loan-SRTO/commercial vehicle 200714 RLLR+CRP (7.91% +1.04% for individual/- 0.08% for org.) 7.99%
26 Hpscb Vahan Rin Yojna-Festival Offer (scheme closed) 200718 RLLR+CRP (7.91% +1.04%) 8.95%  
27 Loan Against Pension 200756 10.00% (for Bank's retired staff simple rate @ 1% less than others ) - -
28 Loan Against Rent 200757 10.50% 10.00% 10.40%
29 Gold Loan Scheme 200985 8.40% - 8.30%
30 Hpscb Loan Against Property 200986 11.50% 11.00% 11.40%
31 Personal /CD Loan-Ind 2009801 Govt Empl: 11.05%;
Other Indi: 11.30%
(Existing accounts opened before 16.01.2025) 		- -
32 Personal /CD Loan-Ind (category Him Region Specific Loan) 2009801 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 11.00%
(Existing accounts opened before 16.01.2025) 		- -
36 HPSCB Sashakt Mahila Rin Yojana 200650 8.51% - 8.41%
37 LAS For Workers On Fixed Emoluments 2009808 9.50% - 9.40%
INTEREST RATES ON LOANS & ADVANCES
RLLR=6.98% (Repo rate -5.50% +COM-1.04%+Risk Cost-0.44) , CRP= as decided in ALCO
HOUSE LOAN (For accounts opened after 13.06.2024) Credit Score Based ROI
38 Hpstcb House Building Advance Loan Scheme 2007435 >800 - 7.90%
750–799 - 8.00%
700–749 - 8.30%
650–699 - 9.00%
600–649 - 9.00%
*NTC/No CIBIL Score/-1 - 8.30% 		>800 - 7.80%
750–799 - 7.90%
700–749 - 8.20%
650–699 - 8.90%
600–649 - 9.00%
*NTC/No CIBIL Score/-1 - 8.20%
VEHICLE LOAN (For accounts opened after 13.06.2024) Credit Score Based ROI
Sr No Type of Loan G.L. CODE CIBIL ROI Individual/ others ROI **(Members of Coop. Societies)
39 Vehicle Loan-Individual (including Two Wheeler) 200712 >800 8.20% 8.10%
40 Veh Loan Emp Govt/Board. (including Two Wheeler) 200713 750–799 8.30% 8.20%
41 E vehicle– Private (including Two Wheeler) 2009910 700–749 8.50% 8.40%
42 E-vehicle Commercial 2009911 650–699 9.30% 8.80%
43 Vehicle Loan-SRTO/commercial vehicle 200714 *NTC/No CIBIL Score/-1 8.50% 8.40%
Note:- In case of new accounts (Individual/Others) under Vehicle Loan & House Loan categories, offering 100 % liquid security , the rate of interest (ROI) applicable to borrower having CIBIL score >800 shall be charged.
PERSONAL LOAN (For accounts opened after 15.01.2025) Credit Score Based ROI
Sr No Type of Loan G.L. CODE CIBIL ROI Calculation ROI Individual/others
44 Hpscb Loan Against Salary 2009802 >800 10.50% 10.40%
750–799 11.40% 11.30%
700–749 11.60% 11.50%
650–699 11.80% 11.70%
600–649 12.00% 11.90%
*NTC/No CIBIL Score/-1 11.60% 11.50%
45 Personal /CD Loan-Ind 2009801 >800 Govt. Employee
10.55%

Other
10.80%		 10.70%
750–799 Govt. Employee
11.45%

Other
11.70%		 11.60%
700–749 Govt. Employee
11.65%

Other
11.90%		 11.80%
650–699 Govt. Employee
11.85%

Other
12.10%		 12.00%
600–649 Govt. Employee
12.25%

Other
12.50%		 12.40%
*NTC/No CIBIL Score/-1 Govt. Employee
11.65%

Other
11.90%		 11.80%
Interest Rates on Loans and Advances (Other than RLLR & Credit Score Based ROI)
PRIORITY SECTOR LOANS
Sr No Type of Loan G.L. CODE ROI Individual ROI Others
46 Farm Plus ( Previously MTA) 2006217 9.50% 9.00% 9.40%
i) Watershed & Wadi Scheme 5.50% 5.00% 5.40%
ii) Power Tiller Loan 9.50% 9.00% 9.40%
iii) Poly House Loan Scheme 9.50% 9.00% 9.40%
iv) Sheep Rearing And Ruminants Scheme 10.50% 10.00% 10.40%
v) AIF 2006221 9.50% 9.00% 9.40%
vi) ACABC 20062181 9.50% 9.00% 9.40%
vii) FPO
2006219 (Term)
2008228 (CC)
viii) AMI 200652 9.50% 9.00% 9.40%
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 & 10.50% Above 3 Lakh 5.5% Upto 3 Lakh & 8.50% Above 3 Lakh 7% upto 3 Lakhs & 10.40% Above 3 Lakh
51 KCC to Animal Husbandry Farmers & Fisheries 200616 10.50% Above 3 Lakh 8.50% Above 3 Lakh 10.40% Above 3 Lakh
52 Kisan Credit Card Societies 200614 - 5.5% Upto 3 Lakh & 8.50% Above 3 Lakh -
53 Short Term Agriculture 200611 9.50% 9.00% 9.40%
54 KCC Investment Term Loan 200615 7% Upto 3 Lakh & 10% Above 3 Lakh 5.5% Upto 3 Lakh & 9% Above 3 Lakh 7% Upto 3 Lakh & 9.90% Above 3 Lakh
55 Loan scheme for purchase & Development of land and agricultural purposes 2009913 Up to 5 lacs-10% Above 5 lacs-11% Up to 5 lacs-9.90% Above 5 lacs-10.90%
56 Loan scheme for developing High Density Apple Plantation 200653 10.00% 9.90%
57 KCCB 200621 - 0.25% -
58 JCCB 200622 - - -
59 ICDP Sirmour 200624 - As per sanction letter -
60 ICDP Shimla 200626 - - As per sanction letter
61 ICDP Mandi-II 200627 - - -
62 WBP/I.C.D.P. Loans 200651 As per sanction letter - As per sanction letter
63 Account For Food Corporation Of India 200658 - - -
64 Acc. for Food Credit to Govt Of Punjab New 200662 - As per sanction letter -
65 Acc. for Food Credit to other State Govt 200662 - - As per sanction letter
66 Solar Power Generation Scheme 2009805 10.50% 10.50% 10.40%
67 Medium Term Conversion 200633 11.00% 11.00% 10.90%
68 Irrigation Loan Scheme 200642 9.50% 9.50% 9.40%
69 SEMFAX(Farm) 200643 9.50% - -
70 PME GP/K&VIB /K&VIC Loan 200644 11.00% - 10.90%
71 SGSY/SJSRY Loan 200645 12.00% - 11.90%
72 Hpscb Mukhya Mantri Yuva Aajivika Yojna 200646 - - -
73 Hpscb Mukhya Mantri Swavalamban Yojna 200647 11.00% - 10.90%
74 Hpscb Mukhya Mantri Swavalamban Yojna2019 200648 - - -
75 Rajiv Gandhi Swarozgaar Start-up Yojana (RGSSY) E-vehicle-2009911 CC-200830 TL-200764 7.90%- for e-vehicle & shall be reset every year in the month of April, 11%- for all other categories 7.80%- for e-vehicle & shall be reset every year in the month of April, 10.90%- for all other categories
76 Him Dugdh Ganga /DEDS 200717 10.50% 10.00% 10.40%
77 Venture Capital Fund Loan Scheme 200717 9.50% 9.00% 9.40%
78 Rural Godown Loan 200744 9.50% 9.00% 9.40%
79 Tractor Loan 200754 9.50% 9.00% 9.40%
80 SHGs (Self Help Groups) 200761 10.00% - -
81 CC WSHG 200613 10.00% - -
82 National Rural Livelihood Misson 200760 • Upto Rs.3 lakh : 7%
• Rs.3 to Rs.5 lakh: 8.20%
• Above Rs.5 lakh: 9.75%		 - -
83 CC National Rural Livelihood Misson 200874 9.75% - -
84 CC Empowerment Of Women Entrepreneurs 200827 10.25% - 10.15%
85 CC DAY-NULM 200829 10.00% - -
86 DAY-NULM TL - - -
87 SC/ST & WDC Corp Loan 200841 11.00% - 10.90%
88 Women Dev. Corp. (Tie up cases) 200841 11.00% - 10.90%
89 Joint Liabilities Group 200762 10.00% - -
90 Weavers- Short Term 200782 10.50% 10.00% 10.40%
91 CC Limit Soc(PDS/Fert/Plg/Hyp) 200821 10% upto 1 crore & 9.75% above 1 crore - -
92 C C Fertilizer 200823 10% upto 1 crore & 9.75% above 1 crore - -
93 CC Marketing 200824 - - -
94 Marketing Of Crops 200772 - - -
95 CC Hpscb Mudra Loan Scheme 200826 11.75% - 11.65%
96 Street Vendors Atam Nirbhar Nidhi Loan 200908 11.00% - 10.90%
97 Medium Term Loan SSI/Industry 200931 11.00% - 10.90%
98 Hpscb Mudra Loan Scheme 200909 11.75% - 11.65%
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 a. One employee gurantor with DDO undertaking /salary a/c holder - 7.75%
b. Having 25-50% liquid security + one gurantor - 8.00%
c. 100% liquid security - 7.50% 		- a. One employee gurantor with DDO undertaking /salary a/c holder - 7.65%
b. Having 25-50% liquid security + one gurantor - 7.90%
c. 100% liquid security - 7.40%
102 Hpscb Pradhan Mantri Awas Yojana - Housing Urban 2007432 10.00% - 9.90%
103 PM Formalization of Micro Food Processing Enterprise (PMFME) 2009908 10.00% 10.00% 9.90%
104 Hpscb Construction/Setting of Cold Storage and Warehousing Loan 2007434 9% Simple 9% Simple 8.90% simple
105 SEMFEX (Non Farm) 2009810 11.50% As per Investment Section 11.40%
106 Long Term Loan to Govt of Punjab 2009905 As per Investment Section - -
107 Roof Top Solar Power Loan 2009810 1. Upto 3 kw - 7%
2. Above 3 kw
a. For home loan customer - 9.50%
b. For others - 10.50% 		- 1. Upto 3 kw - 7%
2. Above 3 kw
a. For home loan customer - 9.40%
b. For others - 10.40%
NON PRIORITY SECTOR LOANS
108 Board & Corp. Term Loan 20088 As per H.O. sanction - -
109 Board & Corp. CC Limit As per H.O. sanction - -
110 Medium Term Soc. Non Agri 200981 11.00% - -
111 Medium Term Loan Ind. 200982 - - -
112 Loan Under HP Public Money Act 20067 - - -
113 Loan Under Arbitration 200661 as per parent account scheme - as per parent account scheme
114 Loan Under Liquidation 200663 as per parent account scheme - as per parent account scheme
115 Loan Under Execution 200665 as per parent account scheme - as per parent account scheme
116 Arbitration A/C 200661 as per parent account scheme - as per parent account scheme
117 Execution A/C 200665 as per parent account scheme - as per parent account scheme
118 Liquidation A/C 200663 as per parent account scheme - as per parent account scheme
119 Public Money Act 200666 as per parent account scheme - as per parent account scheme
120 Term Loan (LIC/NSC/KVP) 200875 3% over & above ROI of security - -
121 CC Limit (LIC/NSC/KVP) 200876 - - -
122 House Loan - Staff 2009901 7.50% Simple Interest - -
123 Personal Loan - Staff 2009902 - - -
124 Vehicle Loan - Staff 2009903 - - -
125 Warm Cloth Staff 2009904 - - -
126 CC Clean /Swarn Jay. CC Limit Staff 2009902 7.00% - -
127 HPSCB Future Fund Borrowing Plan 2009909 8.25% as decided by EPFO from time to time - -
128 Ride Ready - Finance for purchasing Bicycle/ e- Cycle 2009915 10.00% - 9.90%
129 Bharat Darshan - Travel Loan Scheme 2009914 10.00% - 9.90%
130 Loan against Bank's Own Deposits (LABOD) {Term Loan/CC Limit}
Type of loan 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*
a Up to Rs. 5.00 Crore 0.75 % higher than the interest allowed on security 0.75 % higher than the interest allowed on security
b Above Rs. 5.00 crore to Rs. 100.00 crore 0.75 % higher than the interest allowed on security 0.75 % higher than the interest allowed on security
c Above Rs. 100 crore 0.75 % higher than the interest allowed on security 0.75 % 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.
**The benefit of concessional ROI shall be admissible to Primary Members (non-defaulter) of all the non- defaulter cooperative societies affiliated to Bank except Members of Thrift and Credit Societies of employees under the jurisdiction of the concerned Branch for more details please go through the HOGC NO 84/2025-26 Dated 23.06.2025.

Sr.No. Type of Deposit & Periodicity Rate of interest (%age per annum)
  Term Deposit General Senior Citizen Super Senior Citizen
1 7 days to 14 days 3.75 4.25 4.25
2 15 days to 29 days 3.75 4.25 4.25
3 30 days to 45 days 3.75 4.25 4.25
4 46 days to 90 days 4.75 5.25 5.25
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 6.30 6.80 6.80
8 1 year 6.85 7.60 7.75
9 (only to individuals under Sarvpriya deposit Scheme) 7.10 7.60 7.60
10 Above 1 year to < than 2 years 6.85 7.35 7.35
11 2 years to  < than 3 years 6.00 6.50 6.50
12 3 years to  < than 5 years 6.10 6.60 6.60
13 5 years to 10 years 6.15 6.65 6.65
14 Saving Bank Deposit 2.80 2.80 2.80
15 Reserve Fund Societies                          6.85

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