What's New

Interest Rates on Loans


Effective from 07.09.2020


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/- 10.50%
2. CROP LOAN/KISAN CREDIT CARD Individuals/Floriculture/Horticulture Co-op Socities Upto Rs.3,00,000/- 5.50%
Above Rs.3,00,000/- 9.50%
3. HPSCB Farm Plus(Unit Cost Based) Co-op Socities   9.50%
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   10.00%
Others   10.50%
5. Irrigation Loan Socities, Union, Fedrations 10.50%
Individuals 11.00%
6. Tractor Loan Socities, Union, Fedrations 10.50%
Individuals 11.00%
7. Power Tiller Loan Socities, Union, Fedrations 10.50%
Individuals 11.00%
8. Agri. Clinic/Agri., Business Center/Custom Hiring Cum Service Center Socities, Union, Fedrations 10.00%
Individuals 10.50%
9. SEMFEX(Farm) Socities, Union, Fedrations 10.00%
Individuals 10.50%
10. Poly House Loan Scheme Socities, Union, Fedrations 10.00%
Individuals 10.50%
11. Rural Godowns Loans Individuals   10.50%
Socities, Union, Fedrations 10.00%
12. Venture Capital Fund Loan Scheme Individuals   10.50%
Socities, Union, Fedrations 10.00%
13. ICDP Loan/WBP Loan     As Per Sanction Letter
14. Dairy Enterpreneur Development Scheme (DEDS) Individuals   10.50%
Socities, Union, Fedrations 10.00%
15. Sheep Rearing and Ruminants Scheme Individuals   10.50%
Socities, Union, Fedrations 10.00%
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     11.00%
19. JLG     11.00%
20. SGSY (SHG)/NRLM Category – I (Identified District) Upto 3 Lacs 7.00%
Above 3 Lacs 11.00%
Category – II 11.00%
21. EDA/Self Employment Individuals 11.25%
Socities, Union, Fedrations 11.00%
22. PMEGP All Categories Upto 5 Lacs 12.00%
Above 5 Lacs 12.00%
23. SGSY Individuals All Categories Upto 5 Lacs 12.00%
Above 5 Lacs 12.50%
24. SJSRY All Categories Upto 5 Lacs 12.00%
Above 5 Lacs 12.50%
25. SC/ST Dev. Corp. All Categories   12.00%
26. Women Dev. Corp. All Categories   12.00%
27. LPG All Categories   12.00%
28. SEMFEX (Non Farm) All Categories   12.00%
29. Hotel/Motel Loans     12.00%
30. House Loans Apna Ghar Rin Yojana All Categories 8.99%
Apna Ghar Rin Yojana 2020

(Only for Fresh Loans Advanced after 22/06/2020)
7.99%
PM Awas Yojana-Housing for all(Urban) 10.50%
31. C. C. Hypothecation Socities, Union Fedrations Upto 5 Lacs 11.75%
Above 5 Lacs 10.50%
Individuals Upto 5 Lacs 12.25%
Above 5 Lacs 11.00%
32. C.C. Pledge Socities, Union Fedrations Upto 5 Lacs 11.75%
Above 5 Lacs 10.50%
Individuals  Upto 5 Lacs 12.25%
Above 5 Lacs 11.00%
33. Cash Credit PDS/Fertilizers/ CC Marketing Socities, Union Fedrations Upto 5 Lacs 10.50%
Above 5 Lacs < 1.00 Crore 10.50%
Rs. 1.00 Crore and above 10.00%
34. Cash Credit Weavers Socities, Union Fedrations Upto 5 Lacs 10.50%
Above 5 Lacs 10.50%
Individuals Upto 5 Lacs 11.00%
Above 5 Lacs 11.00%
37. Horti. Tourism Socities, Union Fedrations   10.50%
Individuals   11.00%
38. Him Swarojgar Credit Card All Categories   12.00%
39. Him Region Specific Loan Scheme  All Categories   12.00%
40. New Him Region Specific Loan Scheme  All Categories Loans sanctioned and disbursed upto 31/12/2019 9.00%
41. Scheme for Empowerment of Women Entrepreneurs Individuals   10.25%
42. Solar Power Generation Scheme Individuals & Others   11.50%
Non Priority Sector Loans
43. M.T. Non Agri. / T&C Socities   11.00%
44. Personal Loan Emp. Of Govt./ Board/Corp etc.   11.50%
Other Individuals   12.50%
45. New Vahan Rin Yojna(Vehicle loan for Personal use or Other Individual)     8.25%
46. Vehicle loan (Government/Board/Corp. Employee)     7.99%
47. Old/Used Vehicles     10.00%
48. Commercial Vehicles     10.50%
49. 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
50. Loans Against Rent All Categories   12.00%
51. Loan Against Pension Individuals   10.75%
52. Loan Against Salary Individuals   11.50%
53. Loan Against Property Socities, Union Fedrations   12.00%
Individuals   12.50%
54. Hydel Power Generation Project Loans Co-op. Socities   11.50%
Individuals   11.50%
55. Over Draft All Categories   17.00%
56. Gold Loan Scheme Individuals   12.50%
57. Mukhya Mantri Swavlamban Yojna, 2019   11.00%
58. Mukhya Mantri Yuva Aajeevika Yojna   11.00%
59. Easy loans to students   10.00%
60. HPSCB Easy loans PACS as DMA Socities, Union Fedrations   8.88%
61. Emergent Credit Line Term Loan   10.00%
Cash Credit Limit for Business Purpose   10.00%
Agriculture activities(SAO)/KCC   10.00%
62. HPSCB Smart Phone Loan to Students All Categories   9.00%
63. 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
64. 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
65. 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
66. House Loan     7.75%(Simple)
67. Personal Loan     7.75%(Simple)
68. Vehicle Loan (New & Used)     7.75%(Simple)
69. Swaran Jayanti C.C. Limits     7.25%(Monthly Compound)
70. LABOD Staff On Rolls   0.25% higher than the interest allowed on security
Retired Staff   0.50% higher than the interest allowed on security