Interest Rates

The Baghat Urban Co-operative Bank Ltd., is offering the following interest for the various loans and advances schemes -

Type of Loan

Weaker Section

Amount Limit

Int. Rates

Advances allied to agriculture.

Person with borrowable limits not exceeding Rs. 50,000.00

Up to Rs. 50,000.00
Above Rs. 50,000.00 - Up to Rs. 2 Lac
Above Rs. 2 Lac - Up to Rs. 5 Lac
Above Rs. 5 Lac

10.50 %
11.00 %
11.00 %
11.50 %

Advances to Cottage or Small Scale Ind. and equipment system for the development of new and renewable sources of energy

Up to Rs. 50,000.00

 Up to Rs. 50,000.00
 Above Rs. 50,000.00

11.00 %
12.00 %

Advance made to a Road and Water Transport

Up to Rs. 50,000.00 for purchase of  Cycle or Riksha, Autoriksha small boats etc. and also for repair and replacement of spare parts

For Transport Vehicle
Upto Rs. 2 Lac
Above Rs. 2.0 Lac


11.60%
12.00%

For Personal Vehicle
Upto Rs. 3.0 Lac
Above Rs. 3.00 Lac to Rs. 7.5 Lac  Above Rs. 7.5 Lac


9.90%
10.25%
10.50%

For Two wheelers

11.50 %

For Old Vehicle
Any loan for car & two wheeler


12.50%

 Retail Traders

  1. Private Retail traders dealing in essential commodities (fair price shop)
  2. Other retail traders

Up to Rs.50,000.00

Upto Rs.50,000.00
Above Rs.50,000.00-Rs.2.00 Lac 
Above Rs. 2.00 Lac - Rs. 5.00 Lac

Above Rs. 5 Lac

10.00%
10.00%
10.50%

10.75%

Small Business Enterprises

Up to Rs.50,000.00

Up to Rs. 2 Lac
Above Rs. 2.00 Lac - Rs. 5.00 Lac
Above Rs. 5 Lac

10.00%
10.50%
10.75%

Professional and Self Employed

Up to Rs.50,000.00

Up to Rs. 50,000.00
Above Rs.50,000.00

11.00%
11.50%

Education Loan

Advances to person having monthly income not exceeding Rs. 2000.00

Up to Rs. 2.00Lac
Above Rs. 2.00 Lac

11.00%
11.50%

Loan to Software Industry
(Credit Limit up to Rs. 1 Crore from the banking system)

 

Up to Rs. 2.00 Lac
Above Rs. 2.00 Lac

11.00%
11.50%