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Department
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Particulars
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Interest Rate p.a.
(w.e.f. 01-05-2022)
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Agro Industries
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Co-operative Sugar factories, Spinning mills, Marketing, Processing Institutes etc.
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A) Short Term Loans
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1) Clean Cash Credit / Short Term Loans
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A-11.00 , B-11.25 , C-11.50 , D-12.50
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2) a) Pledge :- For Co-operative Sugar Factories
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A-9.00, B-9.50, C-10.0, D-11.00
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b) Pledge :- For Private Sugar Factories
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A-9.00, B-9.50, C-10.0, D-11.00
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c) Pledge :- Other Co-operative Institution
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A-9.00, B-9.50, C-10.0, D-11.00
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3) Hypothecation
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A-11.00, B-11.25, C-11.50, D-12.00
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4) a) Salary Earners Credit Societies (Clean Loan)
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12.00
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b) State Cooperative Bank Salary Earners Societies
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6.50
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5) Co-gen Bill discounting Scheme (Floating) (will be reset after every 6 months
i.e. on 1st May and 1st Nov.)
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A-11.50, B-11.75, C-12.00, D-12.50
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6) SEFASU 2015
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A-11.50, B-11.75, C-12.00, D-12.50
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7) Working Capital Loan- takeover policy
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Sugar Factories/ Spinning mills/ other industries
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Pledge: A- 9.50, B- 9.75, C- 10.00, D- 10.50
Hypothecation: A- 11.00, B- 11.25, C- 11.50, D- 12.00
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6) SEFASU 2015
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A-11.50, B-11.75, C-12.00, D-12.50
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8) Dsicounting of Bills of Ethenol provided to Oil Companies
(Circular No. AIC/SUGAR/882/2019-20 Dt. 30.08.2019)
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12.50
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B) Term Loan
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1) Term loan (Sugar factories and Spinning mills) (excluding new sugar factories)
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A- 10.00 , B- 10.50 , C- 11.00 , D- 12.00
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2) Extension to M.T. Loan & Reschedulement of loan installments, Co- Generation
, Machinery modernization, Ethanol project of Sugar Factories
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A- 10.00 , B- 10.50 , C- 11.00 , D- 12.00
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3) Term Loan to Sugar Factories/ Spinning Mills/ Other industries for running other Sugar factory on lease basis for
longer duration /collaboration /partnership
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A- 10.00 , B- 10.50 , C- 11.00 , D- 12.00
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4) MT Loan for Private Sugar Factories for errection of co-generation, machinery
modernisatin and ethanol project.
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A- 10.00 , B- 10.50 , C- 11.00 , D- 12.00
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5) MT Loan to co-op./ private sugar factories/ Spinning Mills/ Other Industries for take over loan of other bank
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A- 10.00 , B- 10.50 , C- 11.00 , D- 12.00
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6) MT Loan to new co-op./ private sugar factories (Greenfield project) for errection,
Co-generation & ethonol project.
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A- 10.00 , B- 10.50 , C- 11.00 , D- 12.00
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7) MT Loan to Educational Institutions / Trusts for creating infrastructure,
to provide educational facility and for takeover loan of other bank.
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12.50 (For regular repayment then 1% Benefit)
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8) Term loan (Registered Co-op. Housing Sty.) for Construction of new building /
Purchasing building/ Renovation, Repairing & expansion of old building etc.
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12.00
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9) Baliraja Shikhar Thibak sanch/ sub surface jalsinchan for Co-opertive / Private
sugar Factories (Drip Irrigation - CPID circular dt. 18/08/2016)
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11.50
( If the factory is taking a guarantee of return for the loan, then rate of interest will be 9%)
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10)Dhanwantari Medical Term Loan scheme for Building Hospital
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12.00
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11)Working Capital Loan & Term Loan For food processing industry(Shikhar Krushi Utppan Yojana)
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Working Capital:11.00
Term Loan:11.50
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12)Income Producing Real Estate (IPRE) Loan Facility Scheme
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12.50
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13)Restructuring Scheme for Sick Sugar Factories
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13.00
(For Regular Repayment 1% rebet in last EMI for Term Loan and 0.50% for Working Capital)
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MSCB Group
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Rating
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Interest Rate (Floating)
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AGENCY
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GREAD/ SCORE
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A
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CRISIL
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AAA
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11.00
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ICRA
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AA
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CIBIL
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800 to 900
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B
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CRISIL
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A
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11.50
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ICRA
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A
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CIBIL
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700 TO 799
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C) Microfinance
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IBD
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1) Preshipment
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10.00
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2) Post shipment
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10.00
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3) Third party Exports
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12.25
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Banking /Retail banking
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A) Short Term Loan
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1) Gold Loan (Fixed & Cash Credit)
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Term Loan : 10.00
Cash Creadit: 10.00
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2) Cash Credit / Overdraft
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13.00
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3) Temporary Overdraft (TOD)
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14.25
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4) Working Capital Loans to self employed / Traders / Small - Medium Entrepreneurs
for their business
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12.25
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5) Sanjeevani Hypothecation Cash Credit
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11.75
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6) State Coop Bank/ Staff Cash credit Loan (Fixed)
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7.00
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B) Term Loan
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1) Gruhaswapnapurti loan for Housing and Commercial Shop
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a) For new housing and commerical shop & takeover loan.
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Up to 20 years: 8.25
For Old Proposals
5 Year : 8.25
10 Years : 8.25
15 Years : 8.25
20 Years : 8.25
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b) Top-up/Additional Loan
c) For Other Loan:
d) For Purchase of Commercial
Shop/Construction & Take over loan
e) Mortgage loan
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b) Top-up/Additional Loan
New Customer
Top-up:Purchase of House/Construction Of House/Purchase of Commercial Shop: 8.25%
(Interest rate 2% more on commercial shop)
Old Customer
5 Year : 8.40%
10 Years : 8.65%
15 Years : 8.90%
Upto 20 years:9.65%
(Interest rate 2% more on
commercial shop)
c) For Other Loan:
For Other Loan:11.50
Loan other than Mortgage Loan:
5 Years:11.25
Max 15 Years:11.75
d) For Purchase of Commercial Shop/Construction & Take over loan( For New Proposal)
Upto 15 Years:10.50%
Old Loan Proposal
5 Year:10.75%
10 Year:11.00%
15 Year:11.25%
20 Year:12.00%
e) Mortgage loan
Old Customer New Customer
5 Year : 11.50 5 Year : 11.25
10 Years : 12.00 Max 15 Years : 11.75
15 Years : 12.50 ---
(Interest rate 2% more on commercial shop)
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2) Vehicle loan
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I] Private Four Wheeler Vehicle
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For Private Four Wheeler:9.00%
Two Wheeler-:12.00%
Commercial Vehicle:10.75%
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3) Medium term loan to Self employed / Traders / Small-Medium Entrepreneurs for
their business.
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fixed 12.00
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4) Medium term loan to Self-employed / Traders / Small-Medium Entrepreneurs for their business.
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floating 11.75
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5) Loan against NSC / LIC Policy etc.
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10.75
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6) Loan against FDR (OD and Fixed Loans)
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Margin will be 10%. 0.50% higher interest rates will be charged than the interest rate on the Fixed Deposits
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7) Individual/Institutional/Finance for purchase of Solar Kit
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10.75
(If Repaid regularly, rebate of 1% will be given)
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Under Retail banking Gold Loan, Sanjeevan Hypothecation, Shishak Samruddhi, Personal
Loan, Vehicle loan , Gruhaswapnapurti Housing Loan Schemes, Shikhar Mortgage loan
Interest rate (Floating) will reset on 1st May and 1st November (six monthly)
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CFAs Deptt
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A) Short Term Loan
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1) Short Term (SAO) Loans (from Own fund)
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DCCBs with NPA less than 10% - 9.00
DCCBs with NPA from 10 to 20% - 9.25
DCCBs with NPA more than 20% - 9.50
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2) Repledge (Sugar)
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Co.-op. sugar factory - 10.25
Private sugar factory - 10.25
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3) Refinance to Salary earners Societies
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11.00
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4) Wage and means (Clean)
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14.00
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5) ST (SAO) to MT conversion (MSC Bank Share)
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Interest rate Specified by NABARD Plus SCBs Share: 0.50%
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6) ST (SAO) to MT conversion (State Govt. Share)
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8.70
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7 ) District And Urban Cooperative Bank under Govt. Securities ‘Jaswandi’ OD Loan
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8.25
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8 ) Hypo Refinance for Tur, Udid Mug, Soyabin and Wheet etc.
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10.25
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B) Term Loan
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1) Investment credit under Banking Plan (from own fund)
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On Owned Fund: 10.25
NABARD Refinance: Interest rate Specified by NABARD Plus SCBs Share: 0.60%
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2) Refinance to DCC Bank against the housing loan finance.(Shikhar Gharkul Yojana).
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Upto the Int rate of DCCBs/Urban Banks but not less than 9.50%
(If Repaid regularly, rebate of 1% will be given)
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3) Computer Loan to DCCB/Urban Bank
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9.50
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Urban Co-op. Banks
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A) Short Term Loan
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1) Cash Credit For Urban Banks
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12.25
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2) Loan to District And Urban Cooperative Bank under Govt. Securities ‘Jaswandi’ OD Loan.
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8.25
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3) Loan to Urban Coop Credit society by MSC Bank for Term Loan & Refinance Facility.
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Term Loan:13
Refinance :9.50
interest rate charge by society but not less than 9.50
(If Repaid regularly, rebate of 1% will be given)
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4) Loan to Urban Coop Credit society by MSC Bank under Govt. Securities (Non SLR)‘Jaswandi’ OD Loan.
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8.25
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B) Term Loan
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1) Refinance to DCC Bank against the housing loan finance(Shikhar Gharkul Yojana).
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interest rate charge by DCCB/Urban BANK but not less than 9.50 (If Repaid regularly, rebate of 1% will be given)
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2) Property loan for construction and Purchasing of H.O. and Branch’s building.
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11.00
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3) Loan Given By MSC Bank to Urban Bank on Guarantee
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interest rate charge by DCCB/ Urban BANK but not less than 9.50
(If Repaid regularly, rebate of 1% will be given)
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4) Loans for Computerization of H.O. and Branches for DCCB/Urban Bank
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9.50
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5)Msc Banks Consortium Loan with other banks
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interest rate charge by
Consortium finance participated Banks but not less than 9.50
(If Repaid regularly, rebate of 1% will be given)
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