What's New

Interest Rates on Loans


Effective from 29.11.2019


Sr. No. Type of Loan Segment Slab ROI
Priority Sector (Agriculture Loans)
1. CROP LOAN/KISAN CREDIT CARD Individuals/Floriculture/Horticulture Individuals Upto Rs.3,00,000/- 7.00%
Above Rs.3,00,000/- 11.00%
2. CROP LOAN/KISAN CREDIT CARD Individuals/Floriculture/Horticulture Co-op Socities Upto Rs.3,00,000/- 5.50%
Above Rs.3,00,000/- 10.00%
3. HPSCB Farm Plus(Unit Cost Based) Co-op Socities   10.00%
Individuals & Others   10.00%
4. HPSCB Farm Plus (Sponsored Cases under schemes of NABARD/GOI/NHB) Deen Dayal Kisan Bagwan Samriddhi Yojna Co-op Socities   10.50%
Others   10.50%
5. Irrigation Loan Socities, Union, Fedrations 11.00%
Individuals 11.00%
6. Tractor Loan Socities, Union, Fedrations 11.00%
Individuals 11.00%
7. Power Tiller Loan Socities, Union, Fedrations 11.00%
Individuals 11.00%
8. Agri. Clinic/Agri., Business Center/Custom Hiring Cum Service Center Socities, Union, Fedrations 10.50%
Individuals 10.50%
9. SEMFEX(Farm) Socities, Union, Fedrations 10.50%
Individuals 10.50%
10. Poly House Loan Scheme Socities, Union, Fedrations 10.50%
Individuals 10.50%
11. Rural Godowns Loans Individuals & Others   10.50%
12. Venture Capital Fund Loan Scheme Individuals & Others   10.50%
13. ICDP Loan/WBP Loan     As Per Sanction Letter
14. Dairy Enterpreneur Development Scheme (DEDS) Individuals & Others   10.50%
15. Sheep Rearing and Ruminants Scheme     10.50%
16. Pradhan Mantri Mudra Yojna Individuals   12.00%
Other Priority Sector Loans
17. Education Loan All Categories Upto 4 Lacs 10.00%
Above 4 Lacs 10.00%
18. Self Help Groups     12.00%
19. JLG     12.00%
20. SGSY (SHG)/NRLM Category – I (Identified District) Upto 3 Lacs 7.00%
Above 3 Lacs 12.00%
Category – II 12.00%
21. EDA/Self Employment All Categories 11.50%
22. PMEGP All Categories Upto 5 Lacs 13.00%
Above 5 Lacs 13.00%
23. SGSY Individuals All Categories Upto 5 Lacs 13.00%
Above 5 Lacs 13.50%
24. SJSRY All Categories Upto 5 Lacs 12.50%
Above 5 Lacs 12.50%
25. SC/ST Dev. Corp. All Categories   13.00%
26. Women Dev. Corp. All Categories   13.00%
27. LPG All Categories   12.00%
28. SEMFEX (Non Farm) All Categories   13.00%
29. Hotel/Motel Loans     12.50%
30. House Loans Apna Ghar Rin Yojana 9.50% (Male)
9.50% (Female)
Special Home Loan 8.88%
PM Awas Yojana-Housing for all(Urban) 10.50%
31. C. C. Hypothecation Socities, Union Fedrations Upto 3 Lacs 12.75%
Above 3 Lacs 11.00%
Individuals & Others Upto 3 Lacs 12.75%
Above 3 Lacs 11.50%
32. C.C. Pledge Socities, Union Fedrations Upto 3 Lacs 12.75%
Above 3 Lacs 11.50%
Individuals/Others &nbspUpto 3 Lacs 12.75%
Above 3 Lacs 11.50%
33. Cash Credit PDS/Fertilizers/ CC Marketing Socities, Union Fedrations Upto 5 Lacs 11.00%
Above 5 Lacs < 1.00 Crore 11.00%
Rs. 1.00 Crore and above 10.50%
34. Cash Credit Weavers Socities, Union Fedrations Upto 5 Lacs 12.00%
Above 5 Lacs 12.00%
Individuals/Others Upto 5 Lacs 12.00%
Above 5 Lacs 12.00%
37. Horti. Tourism All Categories   13.00%
38. Swarojgar Credit Card All Categories   12.50%
39. Him Region Specific Loan Scheme &nbspAll Categories   12.50%
40. New Him Region Specific Loan Scheme
Sanctioned & Disbursed upto 31/12/2019
&nbspAll Categories   9.00%
41. Scheme for Empowerment of Women Entrepreneurs Individuals   11.00%
42. Solar Power Generation Scheme Individuals & Others   13.00%
Non Priority Sector Loans
43. M.T. Non Agri. / T&C Socities   11.50%
44. Personal Loan Emp. Of Govt./ Board/Corp etc.   12.50%
Other Individuals   14.50%
45. New Vahan Rin Yojna(Vehicle loan for Personal use Government Employee & Other Individual)     8.99%
46. Old/Used Vehicles     10.35%
47. Commercial Vehicles     11.50%
48. Term Loan & C.C. Limits to Boards, Corporations, State Level Fedrations, other Govt., Semi-Govt. Undertakings etc.     As Negotiated by H.O. on case to case basis
49. Loans Against Rent All Categories   12.00%
50. Loan Against Pension Individuals   11.00%
51. Loan Against Salary Individuals   11.50%
52. Loan Against Property All Categories   13.00%
53. Hydel Power Generation Project Loans Co-op. Socities   11.50%
Individuals   12.75%
54. Over Draft All Categories   17.00%
55. Gold Loan Scheme Individuals   13.50%
56. Mukhya Mantri Swavlamban Yojna, 2019   11.00%
57. Mukhya Mantri Yuva Aajeevika Yojna   11.00%
58. Easy loans to students   10.00%
59. LABOD Loans (Term Loans) Individual(s) 0.75% higher than the interest allowed on Security
Boards/Corporations/Institutions/Organizations (Upto 5 Crore) 0.75% higher than the interest allowed on Security
Boards/Corporations/Institutions/Organizations (Above 5 Crore) 0.50% higher than the interest allowed on Security
60. LABOD (C.C. Limits) Individual(s). 1.00% higher than the interest allowed on Security
Boards/Corporations/Institutions/Organizations (Upto 5 Crore) 0.75% higher than the interest allowed on Security
Boards/Corporations/Institutions/Organizations (Above 5 Crore) 0.50% higher than the interest allowed on Security
61. Loan Against NSC/P.O. Time Deposits/KVP/ LIC Policy All Categories   3% Over and Above ROI applicable on NSC/P.O. Time Deposits/KVP/ LIC Policy
Staff Loans
62. House Loan     8.50%(Simple)
63. Personal Loan     8.50%(Simple)
64. Vehicle Loan (New & Used)     8.50%(Simple)
65. Swaran Jayanti C.C. Limits     8.00%(Monthly Compound)
66. LABOD Staff On Rolls   0.25% higher than the interest allowed on security
Retired Staff   0.50% higher than the interest allowed on security