The Koylanchal Urban Co-operative Bank Ltd. : MissionNVision

Deposit Rate

Deposits & Interest

Period	STDR (w.e.f. 01.01.23)	RD (w.e.f. 01.01.23)
15 to 45 Days	3.25%	NIL
46 to 90 Days	4.75%	NIL
91 to 179 Days	4.75%	NIL
180 days to below 1year	5.75%	NIL
1 year to below 2 years	7.00%	7.00%
2 years to below 3 years	7.25%	7.25%
3 years to below 5 years	6.75%	6.75%
5 years to 10 years	6.75%	6.75%

Notes

SrNo	Text
1	7.50% interest will be paid on Single deposit of Rs. 15,00,000/- (Fifteen Lakh) or above for 1 Year to 3 Years Term
2	Senior citizen 0.50% extra on deposit for 1 Year or above & 0.50% extra in Female Deposit (any one is applicable)
3	Before maturity payment – Penalty 1%
4	D.D.S.– ----- A. 15 Months to below 24 months – 1% -------B. 24 months to below 36 months – 2% --------C. 36 months to below 39 months – 3%
5	S.B. A/c – 2.75%

Lending

Particulars	Present (w.e.f 01.01.23)	Remarks
Housing Loan	9.00% to 10.15%	(for all customers) Down Payment – 10% or More & Insurance of Property LTV-90% , As per Credit Score *
OD Against - (LIC, NSC & KVP)	10.00% to 10.25%	Only for new PSL customers & applicable for existing customers only after renewal *
OD Against - (Property- Land &Building)	11.50%	Minimum Liquid Security 20%,Loan up to 60% of value as per valuer or Up to 75% in case of Premium property*
OD Against - (Bank Deposit- Self And Other)	1% Extra	*
T/L – (Loan Against Property)( Business Or Personal)	11.50%	Maximum Limit–60 Lac Maximum Period–15 Years Liquid Security–20% Maximum Loan Amount will be 60% of Valuation of property OR Up to 75% in case o premium Property. No loan will be given on land without boundary on all sides. LTV-75%*
T/L – For Purchase of CommercialProperty	11.50%	- DO- *
T/L - Two Wheelers	13.00%	Down Payment - 10% & above Security - 15% & above *
T/L - Commercial - ThreeWheelers / Truck / Car / MiningEquipment / Generator/Machine, Toto, etc.	11.50% to12.50%	Down Payment or Security - 30% to 50% Maximum Loam Amount -Rs 40,00,000/-(Down Payment will be equal to Security ) LTV-90%*
T/L - Car Loan(Personal)	8.75% to 9.50%	Down Payment or Security - 5% & above, Maximum Loan Amount -Rs. 30,00,000/-, LTV-95%-(Period - 84M Max.) *(As per Credit Score.)
T/L - 100% Liquid Security	10.50%	Except Car Loan *
Personal Loan – Govt. / PSUEmployees	12.00%	Maximum Loan will be 3 times of Annual Gross Salary.(Liquid Security – 20% optional)(Period – 90 Months Maximum)(Maximum EMI 50% of Monthly Gross Salary after all deductions.)(Maximum Loan tenure will be restricted to age of 70 years of loanee.) *
Personal Loan – Other then Govt. / PSU Employees	13.00%	Maximum Loan will be 3 times of Annual Gross Salary.(Liquid Security – 20% optional)(Period – 90 Months Maximum)(Maximum EMI 50% of Monthly Gross Salary after all deductions.)(Maximum Loan tenure will be restricted to age of 65 years of loanee.) *
Personal Loan – Professional / Businessman	12.00%	Maximum Loan will be average of 3 years Net Income. (Liquid Security – 20% )
Education Loan	8.75% - 9.50%	Min Security 25% to 100% ( Max Loan 20 Lakh & 30 Lakh for abroad)
LAD (NSC, KVP, LIC)	10.50% to 10.75%	*
LAD (Bank Deposit – Self & Others )	1% Extra	*
LAD (DDS)	11.00%	*

Cash Credit

Rate of Interest (Cash Credit)

Limit	Liquid Security	Present (w.e.f 01.01.23)	Remarks
Upto 5 Lacs	40% - 30%	10.75%	*
above 5 to 10 Lacs	40% - 30%	10.75%	*
above 10 to 25 Lacs	40%	10.50%	*
(a) above 25 Lacs	20% and rest property	10.50%	*
(b) above 25 Lacs	only 40% Liquid Security	10.50%	*

Note:-
1. If Liquid Security given in C/C, then following ROI will be applicable :-
  
  Liquid Security Present (w.e.f 01.01.23) Remarks
  60% 10.50% Upto 5 Lakh
  75% 10.25% Upto 5 Lakh
  100% 10.00% Upto 5 Lakh
2. Loan against 100% liquid security up to 95% can be sanctioned by CEO/Branch Manager, of Face value or Present value.
3. Vehicle Loan (2/3/4 Wheeler) upto 2 lacs can be sanctioned by CEO on approval of Branch Manager.
4. Loan to BOD members can be given only against LIC & Bank deposit (in their own name).
5. Exposure norms – Individual borrower – upto Rs.50 Lacs only. – Group borrower – upto Rs.1 Corer only.
6. If any loan proposal is beneficial for the Bank, then the rate of interest, down payment and security can be changed by working committee / Chairman.

Liquid Security	Present (w.e.f 01.01.23)	Remarks
60%	10.50%	Upto 5 Lakh
75%	10.25%	Upto 5 Lakh
100%	10.00%	Upto 5 Lakh

Staff Loan

Rate of Interest (Staff Loan)

No Record has been found

Note:-

The maximum outstanding amount inclusive all type of loans mentioned above will not exceed Rs. 25 lac at any point of time.
The maximum outstanding amount at any point of time cannot exceed 50% of net salary multiplied by 180 months.
Maximum loan will lower of (i) or (ii).