LOGO

ARUNACHAL PRADESH STATE CO-OPERATIVE APEX BANK LTD

(Sponsored by Government of Arunachal Pradesh)

Head Office :: D-Sector, Naharlagun, District : Papum Pare, Arunachal Pradesh - 791 110

NSTFDC     CMFMP     Micro Finance SHG

The interest rates on Loans & Advances are revised and applicable on the accounts opened on or after 01.01.2016 till further order.

SlNo.

Category/Size of
Loans & Advances

Existing Rates
(per annum)
w.e.f. 01.11.2012

Revised Rates
(per annum)
w.e.f. 01.01.2016

Priority
Sector

Non Priority
Sector

Priority
Sector

Non Priority
Sector

A

FARM SECTOR

a)

Crop Loan/SAO/KCC

7%

7%

b)

Term  Loan/Investment credit

i)

Up to Rs.50,000/-

11.50%

12.00%

ii)

Rs.50,001/- to Rs. 3,00,000/-

12%

12.50%

iii)

Above Rs. 3,00,000/-

12.50%

13.00%

B

NON FARM SECTOR

i)

Up to Rs.50,000/-

11.50%

14.00%

12.50%

14.00%

ii)

Rs.50,001/- to Rs. 3,00,000/-

12.00%

14.00%

13.00%

14.00%

iii)

Above Rs. 3,00,000/- to 5,00,000/-

12.50%

14.00%

13.50%

14.00%

iv)

Above Rs. 5,00,000/-

13.00%

14.00%

13.00%

14.50%

C

Educational Loan

    -

        -

11.00%

      -

D

HOUSING LOAN

i)

Residential

11.00%

        -

12.00%

      -

ii)

Commercial

    -

13.00%

-

13.00%

E

CASH OTHERS:

i)

Interest on Cash Credit accounts of
Interest on Cash.

12.00%

12.00%

 ii)

 Interest on Cash Credit accounts other
than Coop Societies

 14%

 14%

 F

 Panel interest above normal rates to be
charged on the defaulted installment of
all types of Loans and Advances

 2%

 2%

 G

 Demand Loan against FD/RD/ADDS(%
higher than interest payable on
deposits)

 2%

 2%

 H

 Demand Loan against third party
instruments like LIC/KVP/NSC/RD of
Post Office

 14%

 14%

 

The following terms are also proposed to apply on Loans & Advances:
1. The Prime lending rate (PLR) of the Bank shall remain continuous at rate @ 11.00% per annum.
2. The interest will be charged on quarterly basis on all types of Loans & Advances.
3. The Simple Interest will be charged on all types of Loans & Advances under Farm Sector.
4. The interest on Non-Farm Sector shall be charged with quarterly compounded.
5. Education Loan and Staff Loan will be charged at simple interest.
6. Rate of interest on demand Loans will remain unchanged @ 2% higher than the rate of interest
payable eon the concerned term deposit account.
7. In case of lending programme under FS/NFS loans & advances through LAMPS/PACS, the
interest margin of 2% will be provided on such loans.