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 |
10.50 % |
|
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 |
11.00 % |
|
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 |
11.60% 12.00% |
|
For Personal Vehicle |
9.90% 10.25% 10.50% |
||
|
For Two wheelers |
11.50 % | ||
|
For Old Vehicle
|
12.50% |
||
|
Retail Traders
|
Up to Rs.50,000.00 |
Upto Rs.50,000.00 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 |
10.00% |
|
Professional and Self Employed |
Up to Rs.50,000.00 |
Up to Rs. 50,000.00 |
11.00% |
|
Education Loan |
Advances to person having monthly income not exceeding Rs. 2000.00 |
Up to Rs. 2.00Lac |
11.00% |
|
Loan to Software Industry |
|
Up to Rs. 2.00 Lac |
11.00% |