Type of Rate of Interest Proposed Interest Rate wef 01.01.2017
PLR 12.00% p.a
HLTPLR upto Rs. 25 lakhs 9.75% p.a
HLTPLR above Rs. 25 lakhs 10.00% p.a
FLTPLR (prior to 01.09.2015) 10.00% p.a
FLTPLR (wef 01.09.2015 to 31.01.2016 for loans upto Rs. 25.00 lakhs) 0.60% below FLTPLR i.e   9.40% p.a
FLTPLR (wef 01.09.2015 to 31.01.2016 for loans above Rs. 25.00 lakhs upto Rs. 70.00 lakhs) 0.60% below FLTPLR i.e 9.40% p.a
FVPLR 10.75% p.a (No change)
LTPLR upto Rs. 25 lakhs 10.50% p.a
LTPLR above Rs. 25 lakhs 11.50% p.a
Loans against gold/LIC/NSC/Govt Securities 0.50% below PLR i.e 11.50% p.a
Mortgage loans & Overdraft PLR + 2% i.e 14.00% p.a
Surety/Consumer Loans PLR + 1% i.e 13.00% p.a
Discounting of Bills under Letter of Credit Minimum Sub PLR of 2% @10.00% p.a. for sight LC & Usance LC upto 90 days
Sub PLR of 1.50% p.a @10.50% for Usance LC above 90 days to 180 days, subject to approval of the Managing Director
LAP & OAP 0.25% above PLR i.e 12.25% p.a
Reverse Mortgage PLR i.e 12.00% p.a
Lease Rental Discounting PLR i.e 12.00% p.a
SME Priority upto Rs. 1 crore 0.25% below PLR i.e 11.75% p.a
SME/Corporate loans above Rs. 1 crore (based on internal rating) AAA : 0.50% below PLR
AA    : 0.25% below PLR
A       : At PLR i.e 12.00%
Loans against shares PLR + 1% i.e 13.00%
Bank’s own Fixed Deposit 2% above the deposit rates
(non senior citizen)
1% above the deposit rates (senior citizen)
Loan against third party deposit 2% above the deposit rates or PLR whichever is higher
Penal Interest on overdue advances 2% above interest rate applicable to the advance
Construction/Real Estate Loans Between PLR + 2% p.a to PLR + 4% pa. i.e 14.00% p.a to 16.00% p.a
 
Saving and term deposit interest rates
 
Savings Bank Deposits w.e.f. January 01, 2017
Savings - Domestic (Regulated) 4.00% p.a (on daily balances product)
Savings - NRO / NRE (Regulated) 4.00% p.a. (on daily balances product)
Savings Bank Interest will be paid of September 30th and March 31st of every Financial Year.
Term Deposits w.e.f. January 01, 2017
RAP30 4.50% p.a.
RAP90 5.75% p.a.
FD365 7.00% p.a.
FD500 7.25% p.a.
Other Term Deposits (New Slabs) 
w.e.f. January 01, 2017
Period of Deposit Percentage
31 days to 180 days 5.75% p.a.
181 days to 270 days 6.25% p.a.
271 days to 1 year 6.75% p.a.
Above 1 year upto 3 years 6.90% p.a.
Above 3 year upto 5 years 6.90% p.a.
NRE FDR, NRE QIRP Term Deposits 
(with effect from January 01, 2017)
Period of Deposit Percentage
1 year (12 months) 6.75%
Above 1 year upto 5 years 6.90%