INTEREST RATES

ADVANCES w.e.f. 18-08-2021

TYPE INTEREST RATE
Prime Lending Rate (PLR) 12.00% p.a.
Housing Loans

8.00% p.a. - upto Rs 35 Lakhs for Women

8.10% p.a. - upto Rs 35 Lakhs for others

8.60% p.a. - above Rs 35 Lakhs

Personal Vehicle Loan*

7.75% p.a. - New Vehicle

10.00% p.a. - Second Hand Vehicle

Super Bike Loan

10.50% p.a. - upto Rs. 1.00 Lakh

10.00% p.a. - above Rs. 1.00 Lakh

9.50% p.a. - Citizencredit Salary Account Holders

9.50% p.a. - Corporate Salary Account (CSA) holders

Loans against Gold* / LIC / NSC / Govt Securities

Gold - 7.75%

LIC - 11.50%

NSC - 11.50%

Govt Securities - 11.50%

Loan/ Overdraft Against Property (LAP & OAP)

Rs. 5 Lakh to below Rs. 10 lakh - 12.00% p.a

Rs. 10 Lakh and above upto Rs 10 Crore - 11.00% p.a

Reverse Mortgage Loan (Aashraya) 10.00% p.a.
Lease Rental Discounting 12.00% p.a.
Overdraft against Shares and Units of Mutual Fund 13.00% p.a.
Loan Against Bank Deposits

Senior Citizens - 1% above the deposit rate

Non Senior Citizens - 2% above the deposit rate

Third Party Deposits - 2% above the deposit rate or PLR whichever is higher

Doctor Care

9.50% p.a. - Upto 84 months

11.50% p.a. - bove 84 Upto 120 months

Discounting of Bills under Letter of Credit

10.00% p.a. - For sight LC & Usance LC upto 90 days

10.50% p.a. - For Usance LC above 90 days to 180 days, subject to approval of Managing Director

Education Loan*

11.00% p.a. - Unsecured Loan

9.00% p.a. - Secured Loan

Travel Loan

13.00% p.a. - Unsecured Loan

12.00% p.a. - Secured Loan

Scheme for Commercial Transport Operators 10.25% p.a.
SME / Corporate loans above Rs 1 crore (based on internal rating) 11.50% p.a. to 12.00 % p.a.
Construction / Real Estate Loans 14% p.a. to 16% p.a.
Penal Interest on overdue advances 2% above interest rate applicable to the advance
*CIBIL based pricing

SAVINGS BANK DEPOSITS w.e.f. June 22, 2020

Savings - Domestic (Regulated) 3.00% p.a. (on daily balances product)
Savings - NRO / NRE (Regulated) 3.00% p.a. (on daily balances product)

TERM DEPOSITS w.e.f. February 5, 2024

RAP30 4.00% p.a.
RAP90 4.50% p.a.
FD365 7.10% p.a.
FD500 7.25% p.a.
FD725 7.25% p.a.
FD1000 7.50% p.a.

OTHER TERM DEPOSITS w.e.f. June 6, 2023

PERIOD INTEREST RATE
7 days to 29 days 3.00% p.a.
30 days to 90 days 4.00% p.a.
91 days to 180 days 5.25% p.a.
181 days to 270 days 5.50% p.a.
271 days to 364 days 6.00% p.a.
1 year to less than 2 years 7.00% p.a.
2 years to less than 3 years 7.25% p.a.
Above 3 years upto 5 years 7.00% p.a.
Additional 0.25% for Senior Citizens (for domestic deposit all tenor)

NRE FDR, NRE QIRP OTHER TERM DEPOSITS w.e.f. March 7, 2023

PERIOD INTEREST RATE
1 year to less than 2 years 7.00% p.a.
2 years to less than 3 years 7.25% p.a.
3 years upto 5 years 7.00% p.a.

FDPRO (single deposit Rs 2 Crore & above) w.e.f. December 6, 2023*

PERIOD INTEREST RATE
7 days to 29 days 3.00% p.a.
30 days to 90 days 4.00% p.a.
91 days to 180 days 5.25% p.a.
181 days to 270 days 5.50% p.a.
271 days to 1 year 6.00% p.a.
1 Year Only 7.00% p.a.

Stay Updated

From our new features to promotional announcements,
get the latest on what we are up to.

How can we help you?

If you have any questions and you can't find the answer on our website, give us a call or message us.

26442829 / 26442830 / 26442831

ccbl@citizencreditbank.com

Citizencredit Co-operative Bank Ltd.
CITIZENCREDIT CENTRE
CTS No:236, Marve Road, Orlem,
Malad (W), Mumbai 400064

Hi! My name is

I have a query about

You can reach me at

or