Krishna Bhima Samruddhi Local Area Bank Ltd is registered with DICGC
DICGC website
Revised MCLR @13.75% with effect from 01st July, 2025
| S.No. | Product Name | Rate of Interest | Notation to be mentioned in the Loan Documents and Agreements |
|---|---|---|---|
| 1 | Agri. Allied -AGA Dairy and Non Dairy | ||
| i) | Up to Rs.25,000/- | 24% | 10.25 % above the MCLR and the effective rate will be 24% |
| ii) | Above Rs.25,000/- up to Rs.50,000/- | 22% | 8.25 % above the MCLR and the effective rate will be 22% |
| iii) | Above Rs.50,000/- up to Rs.2,00,000/- | 21% | 7.25% above the MCLR and the effective rate will be 21% |
| iv) | Above Rs.2,00,000/- | 16% | 2.25% above the MCLR and the effective rate will be 16% |
| 2 | Crop & Agriculture Investment (AGI) | ||
| i) | Upto Rs.2,00,000/- | 12% | 1.75 % below the MCLR and the effective rate will be 12% |
| ii) | Above Rs.2,00,000/- | 10% | 3.75 % below the MCLR and the effective rate will be 10% |
| 3 | Minor Irrigation/Farm /mechanisation/Vegetable cultivation/Horticulture | 12% | 1.75 % below the MCLR and the effective rate will be 12% |
| 4 | Micro-enterprise – MSME(Term Loans & CC/OD Loans) | ||
| i) | Up to Rs.1,00,000/- | 24% | 10.25 % above the MCLR and the effective rate will be 24% |
| ii) | Above Rs.1,00,000/- and upto Rs.2,00,000/- | 23% | 9.25 % above the MCLR and the effective rate will be 23% |
| iii) | Above Rs.2,00,000/- | 16% | 2.25 % above the MCLR and the effective rate will be 16% |
| 5 | Gold Loan - Demand Loan against Pledge of Gold Ornaments | ||
| Gold Loan Rs.10,000/- and above | 14% | 0.25 % above the MCLR and the effective rate will be 14% | |
| 6 | JLG- Under GPL | ||
| Up to Rs.50,000/- per member/individual max.Rs.3,00,000/- per JLG | 24% | 10.25 % above the MCLR and the effective rate will be 24% | |
| 7 | Housing- Residential (includes takeover loan) | ||
| i) | House Repair upto Rs.2,00,000/- | 14% | 0.25% above the MCLR and the effective rate will be 14% |
| ii) | Above Rs.2,00,000/- | 10% | 3.75 % below the MCLR and the effective rate will be 10% |
| 8 | Samruddhi House Plot Purchase Scheme (SHPPS) | ||
| Upto Rs.10,00,000/- | 10% | 3.75% below the MCLR and the effective rate will be 10% | |
| Fore-closure of loan within 48 months | @ MCLR (at present @13.75%), subject to revision as per the quarterly review | ||
| 9 | Loan for Construction of Shops/Shutters (includes takeover loan) | ||
| Above Rs.2,00,000/- | 11% | 2.75 %below the MCLR and the effective rate will be 11% | |
| 10 | Mortgage Loans (includes takeover loan) | ||
| Above Rs.2,00,000/- | 11% | 2.75% below the MCLR and the effective rate will be 11% | |
| 11 | Samruddhi Auto Loan - MSME (Max. Rs.25,00,000/-) |
10% | 3.75% below the MCLR and the effective rate will be 10% |
| 12 | Samruddhi Vehicle Loan – Public – Retail Segment (Max. Rs.25,00,000/-) |
10% | 3.75% below the MCLR and the effective rate will be 10% |
| 13 | Loan against Warehouse Receipts (Min. Above Rs.25,000/- only) |
15% | 1.25% above the MCLR and the effective rate will be 15% |
| 14 | Education Loans - Max tenor 7 years - with collateral | 14% | 0.25% above the MCLR and the effective rate will be 14% |
| 15 | Personal Loans (Salaried/self-employed/ Professionals) (Rs.50,000/- upto Rs.2,00,000/-) |
17% | 3.25 % above the MCLR and the effective rate will be 17% |
| 16 | Sudhama Loan | 16% | 2.25% above the MCLR and the effective rate will be 16% |
| 17 | Samruddhi Sukshma Loan (Min.Rs.10,000/- to Max. Rs.25,000/-) |
20% | 6.25 % above the MCLR and the effective rate will be 20% |