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Department
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Particulars
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Interest Rate p.a.
(w.e.f. 01.05.2017)
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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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14.00
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2) a) Pledge :- For Co-operative Sugar Factories
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10.95
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b) Pledge :- For Private Sugar Factories
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10.95
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c) Pledge :- Other Co-operative Institution
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10.95
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3) Hypothecation
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13.75
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4) a) Salary Earners Credit Societies (Clean Loan)
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12.50
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b) State Cooperative Bank Salary Earners Societies
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9.75
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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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13.25
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6) SEFASU 2014
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13.00
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7) SEFASU 2015
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12.50
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8) Working Capital Loan- takeover policy
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Co.op Sugar Factory/Pvt sugar Factory
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takeover policy Pledge: 10.95
Hypothecation:13.75
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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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12.50
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2) Extension to M.T. Loan & Reschedulement of loan installments, Co- Generation
, Machinery modernization, Ethanol project of Co-op Sugar Factories (Interest Rate
will reset from 1st May and 1st Nov. [Six Monthly] )
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12.50
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3) Term Loan of Sugar Factories for running other Sugar factory on lease basis for
longer duration /collaboration /partnership
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12.50
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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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12.50
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5) MT Loan to co-op./ private sugar factories for take over loan of other bank
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12.50
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6) MT Loan to new co-op./ private sugar factories (Greenfield project) for errection,
Co-generation & ethonol project. (Intrest rate will be reset on 1st May and 1st
Nov. Six Monthly)
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Co-Op. Sugar Factories- 13.00% Private Sugar Factories- 13.00%
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7) MT Loan to Professional Educational Institutions / Trusts for creating infrastructure,
to provide educational facility and for takeover loan of other bank.
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13.75
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8) For Entrepreneurs & Businessmen outside co-operative Sector for modernization
and expansion of project and business
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Mid Term - 13.00
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9) 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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10) 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
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11)Consortium Loan (Floating Rate of Int. – Floating interest rate will be reset
every year i.e. on 1st May)
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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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1)Self Help Groups (SHGs),Direct Finance
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S.T. 9.50
M.T. 8.50
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IBD
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1) Preshipment
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Upto 270 days - 11.00
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2) Post shipment
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Upto 270 days - 11.00
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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 (Small Traders)
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1) Cash Credit / Overdraft
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13.25
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2) Gold Loan (Fixed & Cash Credit)
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Term Loan : 11.50
Cash Creadit: 11.50
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3) Temporary Overdraft (TOD)
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14.50
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4) Working Capital Loans to self employed / Traders / Small - Medium Entrepreneurs
for their business
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12.50
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5) Sanjeevani Hypothecation Cash Credit
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12.00
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6) State Coop Bank/ Staff Cash credit Loan (Fixed)
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9.75
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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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5 Year : 9.25
10 Years : 9.50
15 Years : 9.75
20 Years : 10.50
(Intrest rate 2% more on commercial shop)
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b) Mortage loan
Old Customer
5 Year : 11.75
10 Years : 12.25
15 Years : 12.75
(Intrest rate 2% more on commercial shop)
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New Customer
3 Year : 11.50
Max 7 Years : 12.00
(Intrest 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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10.75
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II] Two Wheeler Vehicle
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12.50
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III] Commercial Vehicle
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12.50
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3) Personal Loan
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14.00
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4) Medium term loan to Self employed / Traders / Small-Medium Entrepreneurs for
their business.
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12.25
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5) Loan against NSC / LIC Policy etc.
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11.00
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6) Loan against FDR (OD and Fixed Loans)
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0.75%
more than the original Contract Rate of Fixed Deposit.
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7) Shikhar Mortgage Loan Scheme (Mortgage Loan) Loan to landlord by mortgaging the
premises given to bank on rent. (Interest rate will reset on 1st May and 1st November
(six monthly)
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13.50
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8)Shikhar Mortgage Loan (Mortgage Loan) other borrowers (Traders and businessmen)
(Interest rate will reset on 1st May and 1st November (six monthly)
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13.50
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9) ) Shikhar Mortgage Loan (Mortgage Loan) for APMC Nashik. (Interest rate will
reset on 1st May and 1st November (six monthly)
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13.50
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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) (Drawl after 1.4.2016)
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DCCBs with NPA up to 20% - 9.50
DCCBs with NPA above 20% - 9.75
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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 against Salary earners Societies
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12.00
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4) Refinance against the finance made by Banks for Gold loan / Pledge of goods etc.
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10.50
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5) Wage and means (Clean)
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14.00
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6) ST (SAO) to MT conversion (MSC Bank Share)
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8.70
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7) ST (SAO) to MT conversion (State Govt. Share)
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8.70
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8 ) District And Urban Cooperative Bank under Govt. Securities ‘Jaswandi’ OD Loan
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8.25
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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
On NABARD Refinance: 6.00
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2) Refinance to DCC Bank against the housing loan finance.
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9.75
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Urban Co-op. Banks
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A) Short Term Loan
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1) Cash Credit
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12.25
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2) District And Urban Cooperative Bank under Govt. Securities ‘Jaswandi’ OD Loan.
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8.25
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B) Term Loan
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1) Property loan for construction and Purchasing of H.O. and Branch’s building.
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12.25
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2) Loans for Computerization of H.O. and Branches.
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11.00
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3) Refinance against the housing loan.
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9.75
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4) Co-finance with UCB
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As per interest rate charged by the UCBs. However, not less than : 9.50
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