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The Patiala Central Cooperative Bank Ltd., Patiala
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Rate of interest on Loans W.E.F. 01-04-2022
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Sr.
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Type of loan
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Existing Rate
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Revised rate
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Penal Interest
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No.
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of Interest
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of Interest
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1
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S.T Agriculture Loan
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By Bank from PACS (w.e.f. 01/04/2011)
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4.50
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5.00
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6.00
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By PACS from member (w.e.f. 09/11/2012)
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7.00
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7.00
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9.50
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2
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S.T. N.A.P. Loans
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By Bank from PACS (w.e.f. 01/10/2009)
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8.50
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8.50
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9.50
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By PACS from member (w.e.f. 01/10/2009)
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10.00
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10.00
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11.00
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3
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C.C.L. to Soc. For fertilizer
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10.00
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10.00
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11.00
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4
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C.C.L. to Soc. For Essiential Goods
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10.00
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10.00
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11.00
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5
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C.C.L to Pacs for return of deposits
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10.00
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10.00
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11.00
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6
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S.T. Consumption Loan
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A
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Non Agriculturist members of PACS
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By Bank from PACS
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10.75
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10.75
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11.75
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By PACS from member
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11.75
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11.75
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13.25
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B
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Agriculturist Member of PACS
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By Bank from PACS
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10.75
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10.75
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11.75
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By PACS from member
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11.75
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11.75
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13.25
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7
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M.T.Agricultural Loan Through PACS
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Bank To PACS (w.e.f. 05/11/2011)
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10.75
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11.50
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12.50
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PACS to Member (w.e.f. 05/11/2011)
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12.75
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13.50
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16.00
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7(a)
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M.T. Conversion
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Bank To PACS (w.e.f. 30/01/2014)
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8.75
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8.85
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9.85
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PACS to Member (w.e.f. 30/01/2014)
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10.25
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10.35
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11.85
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8
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C.C.Limit under MAI Bhago Scheme
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Bank To PACS
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9.25
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9.25
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10.25
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PACS to Member
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10.75
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10.75
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12.25
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9
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R.C.C. Farmer (Half Yearly)
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12.25
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12.00
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15.00
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10
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Housing Loan (Urban) Monthly
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9.00
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8.50
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11.50
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11
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Housing Loan (Rural) Half yearly
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10.00
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9.50
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12.50
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12
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Farm Sector Agriculture Economic Zone
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11.75
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11.75
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12.75
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13
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N.F.S.Loan
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13.00
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12.00
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15.00
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14
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Loan For Rural Godown/Cold Store
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13.00
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13.00
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16.00
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15
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SHG/SGSY Half Yearly (w.e.f. 01/01/2012)
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10.00
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12.00
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15.00
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16
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Vehicle Loan (Monthly)
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12.00
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9.00
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12.00
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17
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Second Hand Car Loan (Quarterly) w.e.f. 01-01-2012
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13.50
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15.00
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18.00
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18
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C.C.L To Trader
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14.50
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12.00
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15.00
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19
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Two Wheeler Loan to Farmer (Half yearly)
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12.00
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11.00
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14.00
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20
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Consumer Loan
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For Staff Member (Monthly)
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10.00
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9.00
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12.00
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For General Public (Monthly)
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12.00
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11.00
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14.00
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21
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Personal Loan
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For Staff Member (monthly)
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10.00
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9.00
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12.00
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For General Public (monthly)
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12.00
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11.00
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14.00
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22
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Education Loan (monthly)
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11.00
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9.00
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12.00
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23
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Loan Against NSC/KVP (Quarterly)
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For Staff 100% of the face value
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At Par
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At Par
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For Public 80% of the face Value
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12.00
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12.00
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24
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OD to Staff (monthly)
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10.00
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8.80
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11.80
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25
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C.C.Limit to Sugar Mills
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12.00
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12.00
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13.00
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26
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Can Seed Loan to Sugar Mill Members
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12.00
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12.00
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13.00
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27
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Loan to Industrial, L&C, Weaver & Other Non-Cr.Socs
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13.00
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13.00
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14.00
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28
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Mini Dairy (Upto Rs.6.00 lacs w.e.f. 01/07/2014)
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12.50
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10.00
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13.00
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29
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Mini Dairy (Above Rs.6.00 lacs w.e.f. 01/07/2014)
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12.50
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11.00
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14.00
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30
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Commercial Dairy (Upto Rs.6.00 lacs)
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12.50
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10.00
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13.00
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31
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Commercial Dairy (Above Rs.6.00 lacs)
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12.50
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11.00
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14.00
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32
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Housing Loan to Specified Person
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11.00
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12.00
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15.00
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33
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Loan to Land Lord for Construction of Bank Building
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13.50
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13.50
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16.50
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34
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Loan against Property
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15.00
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16.00
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19.00
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35
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Loan against Earnest Money (w.e.f. 01/01/2012)
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13.00
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14.00
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17.00
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36
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Loan against rental Income
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15.00
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15.00
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18.00
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37
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Purchase of One Cow (w.e.f. 01/01/2012)
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10.50
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11.00
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13.00
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38
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Loan under Bhai Lalo Scheme
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9.50
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9.50
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10.50
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39
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Loan against FD/LTD/RD (Quarterly)
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above 1 %
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above 1 %
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Revised rates of interest shall be applicable on the present outstanding and fresh
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advancement of S.T.Agri, M.T.Agri, C.C.Fertilizers, C.C. Essentail Commodities
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and RCC to Farmers. In case of other type of Loans, these revised rates shall be
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applicable only on the fresh loans to be advanced by the bank i.e. on the present
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outstanding loans the contracted rate of interest shall continue.
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