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Upto 36 months
BR+1.80 i.e 12.05% p.a
Above 36 months
BR+2.30 i.e 12.55% p.a
*Concession in rate of interest available(Conditions Apply)
4. United Demand Loan Scheme: (Floating Rate)
For Loan against LIP(SV)/NSC/KVP/Relief Bond etc.
a
Term Loan
BR+2.50%, i.e. 12.75% (Floating Rate)
b
Overdraft
BR+3.50%, i.e. 13.75% (Floating Rate)
Note: Maximum amount of such Loans, that may be allowed will be as under:
i) Against LIP (SV) - 90% of Surrender Value
ii) Against NSC / KVP / Relief Bond depending on Period remaining to Maturity as follows:
a) 1 Year or Less
70% of Face Value
b) Above 1 Year up to 2 Yrs
75% of Face Value
c) Above 2 Yrs up to 3 Yrs
80% of Face Value
d) Above 3 Yrs up to 4 Yrs
85% of Face Value
e) Above 4 Yrs up to 5 Yrs
90% of Face Value
f) Above 5 Yrs
95% of Face Value
For Loan against Bank's Own Term Deposit
Loan to the Depositor
1.50% above the Rate of Interest on Deposit with no ceiling
Loan against third party Deposit
2.5% above the rate of interest on deposit subject to minimum of Base Rate with no ceiling
BR + 4.50% i.e. 14.75% p.a.
Landlords of UBI
BR + 3.50% i.e. 13.75% p.a.
8(a). United Mortgage Loan(Old Scheme): (Floating Rate)
a) Term Loan
BR + 5.00% i.e. 15.25% p.a
b) Overdraft
BR + 5.50% i.e. 15.75% p.a
BR + 1.50% i.e. 11.75% p.a
BR + 1.50% i.e. 11.75 p.a
10. (a) United Education Loan Scheme (Floating Rate)
Upto 4.00 lac
BR +2.00% i.e. 12.25% p.a.
Above Rs. 4.00 lac
BR + 2.75% i.e. 13.00% p.a.
For IITs/IIMs & ISB
BR +.50% i.e. 10.75% p.a.
For Others
BR + 2.0% i.e. 12.25% p.a.
12. United Smart Loan Scheme:
13. United Reverse Mortgage Loan Scheme
16. United Gold Loan Scheme(Floating Rate):
A
Limit up to Rs.25000/-
BR+3.25%, i.e. 13.50%
B
Limit over Rs.25000/- and up to Rs.2.00 lacs.
BR+3.50%, i.e. 13.75%
C
Limit over Rs.2.00 lacs and up to Rs.10.00 lacs
BR+4.20%, i.e. 14.45%
D
Aggregate Limit over Rs.10.00 lacs to Rs.25 crore
I
UBICR 0
BR+4.00%, i.e. 14.25%
ii
UBICR 1
BR+4.50%, i.e. 14.75%
iii
UBICR 2
BR+5.00%, i.e. 15.25%
iv
UBICR 3
BR+5.50%, i.e. 15.75%
V
UBICR 4
BR+5.75%, i.e. 16.00%
vi
UBICR 5
BR+6.00%, i.e. 16.25%
E
Aggregate Limit over Rs.25 crore
BR+3.75%, i.e. 14.00%
BR+4.25%, i.e. 14.50%
Note: Tenor premium @ 0.25% to be added to the interest rate provided in new Base Rate for Project Loan, where interest reset clause is more than one year
18. Interest rate applicable irrespective of limit for Advance against Shares /Debentures (demat form).
To individuals
BR+5.25%, i.e. 15.50%
To share brokers
19. Advance by way of Inland Bill Discounting, not backed by LC.
For limits up to Rs.25000/-
For limits over Rs.25000/- and up to Rs.2.00 lacs
For limits over Rs.2.00 lacs and up to Rs10.00 lacs
For limits over Rs.10.00 lacs
20. Advance by way of Inland Bill Discounting backed by LC of Prime Bank. (L/C Backed Tenor Linked Bill Discounting Scheme)
Bills with tenor upto 90 days & Demand Bill
BR, 10.25%
Bills with tenor 91 days upto 180 days
BR+0.25%, i.e. 10.50%
21.MSME Advances
Sl. No.
Category of Advance
Revised rate (linked with Base Rate)
1
Advance to MICRO & SMALL industries/ Enterprises (including Retail Trade upto Rs.20 lac ) without CGTMSE cover
Limit upto Rs.25,000/-
BR i.e. 10.25%
Limit > Rs.25,000/- and upto Rs.50,000/-
BR+0.50% i.e. 10.75%
Limit > Rs.50,000/- lac and upto Rs.25.00 lac
BR+1.50% i.e. 11.75%
Limit > Rs.25,00,000/- and upto Rs. 1.00 crore
BR+2.00% i.e. 12.25%
2
Advance to MICRO & SMALL industries/ Enterprises with CGTMSE cover
Limit > Rs.50,000/- and upto Rs.25.00 lac
BR+1.00% i.e. 11.25%
3
Special Rates of Interest for Rice Mill, Flour Mill, Oil & Dal Mill falling under Priority Sector (Micro & Small Industries)
Accounts with Credit Risk Rating upto UBICR-3
BR+1.25% i.e. 11.50%
Accounts with Credit Risk Rating inferior to UBICR-3
BR+2.50% i.e. 12.75%
Cold Storage with Credit Risk Rating of UBICR-3 or better**
Cold Storage with Credit Risk Rating inferior to of UBICR-3
Note: **Cold Storage proposals under cluster approach, concession in interest rate of 0.25% will be allowed under New System
4
Rate of Interest for Rice Mill, Flour Mill, Oil & Dal Mill falling under Non-Priority Sector for loans above Rs.10.00 lac.
Risk Rating
Limit above Rs.10.00 lac and upto Rs.25.00 Crore
Limit over 25.00 Crore
UBICR0
BR+2.25% i.e. 12.50%
UBICR1
BR+3.00% i.e. 13.25%
BR+2.75% i.e. 13.00%
UBICR2
BR+3.50% i.e. 13.75%
BR+3.25% i.e. 13.50%
UBICR3
BR+4.00% i.e. 14.25%
BR+3.75% i.e. 14.00%
UBICR4
BR+4.25% i.e. 14.50%
UBICR5
22. Approved Rate of Interest (RoI) for Loans under MSE (Limit above Rs.1.00 crore)
23.Loans under Non Priority Medium Enterprise
24. For Small Enterprises enjoying limit over Rs 25.00 lacs, applicable Rate of Interest as per Credit Risk Rating :
BR+1.50%, i.e. 11.75%
BR+2.50%, i.e. 12.75%
BR+4.75%, i.e. 15.00%
F
25. Agriculture (Term Loan / Cash Credit / KCC / Self Help Group (SHG) / NGO / Micro Credit / United Krishi Sahayak Yojona / United Swarna Krishi yojona / United Mahajan Mukti Yojana etc. )
Limit up to Rs.50000/-
Limit > Rs 50000/- and up to Rs200000/-
BR+1.75%, i.e. 12.00%
Limit > Rs 200000/- and up to Rs 500000/-
BR+2.75%, i.e. 13.00%
Limit > Rs 500000/- and up to Rs1000000/-
Limit > Rs 1000000/- and up to Rs 25,00,000/-
Limit > Rs 25,00,000/- and up to Rs 10.00 crore.
As per Credit Risk Rating
G
Crop Loan upto Rs.3.00 lakh
9.00%
26. For Agriculture advances having limits over Rs 25.00 lacs, applicable rate of interest as per Credit Risk Rating is as follows:
BR+2.00%, i.e. 12.25%
27. Special rates of interest for Bank’s own scheme under Priority Sector
Rice Mill
BR+1.25%, i.e. 11.50%
Cold Storage with Credit Risk Rating of UBICR3 or better
BR+1.00%, i.e. 11.25%
Cold Storage with Credit Risk Rating inferior to UBICR3
BR+1.50%, i.e. 11.90%
Note: Cold Storage proposals under cluster approach, a concession in interest rate of 0.25% will be allowed under New System
28. United Siksha Yojona for SC/ST community
Limit up to Rs.4.00 Lac
BR+2.00%, i.e.12.25%
Limit above Rs.4.00 Lac
BR+2.75%, i.e.13.00%
29.
BR+3.75%, i.e.14.15%
30.
31. United Land Purchase Scheme for SC/ST community
BR+0.25%, i.e.10.50%
Limit > Rs 50000/- upto Rs 2.00 lacs
32. Scheme for Financing Weaker section of the society.
0.50% less in every stage which is applicable for general borrowers under UHL depending upon loan limit, repayment period & fixed/floating rate.
33. Export Credit
Pre-Shipment Credit (up to 270 Days)
Up to Rs.5 Crore & backed by L/C
BR + 0.75%, i.e. 11.00%
Up to Rs.5 Crore & not backed by L/C
BR + 1.25%, i.e. 11.50%
Above Rs.5 Crore & backed by L/C
Above Rs.5 Crore & not backed by L/C
Against incentive Receivable from Government covered by ECGC Guarantee (up to 90 Days)
34. Post-Shipment Credit (up to 90 Days)
c
Post-Shipment Credit (Beyond 90 Days but upto 180 Days)
i
BR + 0.50%, i.e. 10.75%
35.
4.00%
Ad-Hoc / temporary Facilities
2% over & above Normal Rate of Interest subject to a ceiling of BR+6.00%, i.e. 16.25%
36. Bank Guarantee:
Charges for both Non-Financialand Financial guarantee
@3% per annum and minimum two Quarter (of the amount of guarantee plus Service Tax at prevailing rate)
a. Financial guarantee with 100% cash margin
@ 0.75% per annum and minimum two quarter (of the amount of guarantee plus Service Tax at prevailing rate)
b. Other than Financial guaranteewith 100% Cash Margin
@ 0.50% per annum and minimum two quarter (of the amount of guarantee plus Service Tax at prevailing rate)
Ad hoc Limit:
1. Priority Sector and non-priority sector upto Rs.2.00 lac
Nil
2. Priority Sector & Non-priority Sector >Rs.2.00 lac
Rs.250/- per lac or part thereof maximum Rs.25 lac plus service Tax