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132 Branches - 100% CBS/RTGS/NEFT Enabled
Interest Rate
 

"Saving Bank Account" 4.00%

 

w.e.f. 1st Dec 2016
Maturity Range Rates (%p.a.) Rates for Senior Citizens (%p.a.)

7 days to 14 days

4.00

4.50

15 days to 30 days

5.00

5.50

31 days to 45 days

5.50

6.00

46 days to 90 days

6.25

6.75

91 days to 179 days

6.50

7.00

180 days and above but below 270 days

6.65

7.15

270 days and above but less than 01 year

7.00

7.50

1 Year and above but upto 2 years

7.15

7.65

Above 2 years but less than 3 years

7.15

7.65

3 years and above but less than 5 years

7.00

7.50

5 years and above upto 10 years

7.00

7.50

Naini Tax Saver Scheme

7.00

7.00

 
For Bulk Deposit-Rs. 1.00 crore and above including Inter Bank Deposits, reference to be made to 
Investment Department, HO Nainital. (05942-237138)
or Write to - investment@nainitalbank.co.in
  • Rate quoted are subject to change without notice.
  • The revised rates are applicable for fresh deposits and renewal of old deposits.
  • In case of premature payment of Term Deposit, Interest Rate shall be 1% less than the interest rate applicable, at the time of placing the deposit, for the period the deposit remained with the Bank.

 

Effective Date: January 7th, 2017 - April 6th, 2017
Tenor MCLR in %

Overnight

8.30

1 Month

8.30

3 Month

8.35

6 Month

8.45

1 Year

8.60

  • Note: The Base rate shall be calculated & published as hitherto. ( wef 30/12/2016 )

Size of Limits

Existing Rate of Interest (p.a.) linked to base Rate
(   w.e.f. 29.06.2016)

Effective rate of interest based on MCLR
(w.e.f. 07.01.2017)

    For Tenure
1  year
MCLR 8.60 %
For Tenure
2 years
MCLR 8.90 %
For Tenure
above 2 years
MCLR 9.25%
Up to and inclusive of Rs.25000.00 2.50% over base rate 2.95% over MCLR 2.65% over MCLR 2.50% over MCLR
Above Rs.25000.00 and up to Rs.2.00lac 3.00% over base rate 3.45% over MCLR 3.15% over MCLR 3.00% over MCLR

INTEREST RATES EFFECTIVE ON SPECIFIC CATEGORIES OF ADVANCES

DRI ADVANCES 4% 4% 4% 4%
Up to Rs.50000.00 1.50% over base rate 1.95% over MCLR 1.65% over MCLR 1.50% over MCLR
Above Rs.50000.00 and up to Rs.2.00lac 2.50% over base rate 2.95% over MCLR 2.65% over MCLR 2.50% over MCLR
Above Rs.2.00lac 3.00% over base rate 3.45% over MCLR 3.15% over MCLR 3.00% over MCLR

DAIRY & POULTRY ACTIVITY

Up to Rs.50000.00 1.50% over base rate 1.95% over MCLR 1.65% over MCLR 1.50% over MCLR
Above Rs.50000.00 and up to Rs.2.00 lac 2.25% over base rate 2.70% over MCLR 2.40% over MCLR 2.25% over MCLR
Above Rs.2.00 lac 2.25% over base rate 2.70% over MCLR 2.40% over MCLR 2.25% over MCLR
NBKGC

Up to Rs.300000.00 0.50% over base rate 0.95% over MCLR 0.65% over MCLR 0.50% over MCLR
Above Rs.30000.00 1.50% over base rate 1.95% over MCLR  . 1.65% over MCLR . 1.50% over MCLR

TRACTOR & OTHER FARM MACHINERY

Up to Rs.50000.00 1.00% over base rate 1.45% over MCLR 1.15% over MCLR 1.00% over MCLR
Above Rs.50000.00 2.00% over base rate 2.45% over MCLR 2.15% over MCLR 2.00% over MCLR
Advances to Self Help Groups 1.50% over base rate 1.95%  over MCLR 1.65% over MCLR 1.50% over MCLR

AGRICULTURE ADVANCE-INDIRECT

Up to Rs.2.00lac 4.00% over base rate 3.20% over MCLR 2.90% over MCLR 2.75% over MCLR
Above Rs.2.00Iac 4.50% over base rate 3.70% over MCLR 3.40% over MCLR 3.25% over MCLR
For GraminBhandaranYojna 3.00% over base rate 3.45% over MCLR 3.15% over MCLR 3.00% over MCLR
TRANSPORT OPERATORS
1. a)Where  Non agricultural, Commercial or Residential Property, properly  constructed or distinctly demarcated  by boundary wall is offered as  collateral security for equivalent or higher amount of loan /credit facility
or
b) 50% Cash or cash equivalent i.e.  NSC, KVP,FDRS etc or,
c) Credit facility is covered under
CGTMSE
1.25% over base rate 1.70% over MCLR 1.40% over MCLR 1.25% over MCLR
 2. In all other cases where collateral security as defined in point 1(a) and 1(b) above is not available or the facility is not covered under CGTMSE 1.75% over base rate 2.20% over MCLR 1.90% over MCLR 1.75% over  MCLR
EDUCATION LOAN
Up to Rs.4.00lac 1.50% over base rate 1.95% over MCLR 1.65% over MCLR 1.50% over MCLR
Above Rs.4.00lac 2.50% over base rate 2.95% over MCLR 2.65% over MCLR 2.50% over MCLR
TRADING ADVANCES
Up to   Rs.10.00lac 3.00% over base rate 3.45% over MCLR 3.15% over MCLR 3.00% over MCLR
Above Rs.10.00Iac 3.50% over base rate p.a.   during initial 12 months and thereafter as per credit rating 3.95% over MCLR p.a.   during initial 12 months and thereafter as per credit rating. 3.65% over MCLR p.a.   during initial 12 months and thereafter as per credit rating. 3.50% over MCLR p.a.   during initial 12 months and thereafter as per credit rating.
SMALL & MEDIUM ENTERPRISES (SMES)
Up to Rs.2.00lac 2.00% over base rate 2.45% over MCLR 2.15% over MCLR 2.00% over MCLR
Above Rs.2.00 Lac & up to Rs.25.00lac 2.50% over base rate 2.95% over MCLR 2.65% over MCLR 2.50% over MCLR
Although the pricing is de-linked with the credit rating of the account, the exercise of credit rating should be carried out in all accounts in this category annually so as to cover all the accounts under the purview of rating.

Above Rs.25.00lac

2.50% over base rate  p.a. during initial 12 months and thereafter as per credit rating 2.95% over MCLR  p.a. during initial 12 months and thereafter as per credit rating 2.65% over MCLR  p.a. during initial 12 months and thereafter as per credit rating 2.50% over MCLR  p.a. during initial 12 months and thereafter as per credit rating

Real Estate Sector

5.00% over base rate 5.45% over MCLR 5.15% over MCLR 5.00% over MCLR
Adv. to govt. & Other Approved Contractors 4.00% over base rate 4.45% over MCLR 4.15% over MCLR 4.00% over MCLR
For Construction of Hotels/Resorts/Banquet hall/Warehouse 4.00% over base rate 4.45% over MCLR 4.15% over MCLR 4.00% over MCLR
Leasing & Hire Purchase Advances 7.50% over base rate 7.95% over MCLR 7.65% over MCLR 7.50% over MCLR
Temporary Overdrafts  7.50% over base rate 7.95% over MCLR 7.65% over MCLR 7.50% over MCLR
Penal interest @ 2% should  be   levied  if  the  TOD  remains  outstanding  beyond 15 days  
BILLS DISCOUNTING FACILITY AGAINST LETTER OF CREDIT OF OUR BANK/OTHER BANK
1- Bills drawn under L/C of our Banks-
a. Having contractual maturity up to 180 days 0.50% over base rate 0.95% over MCLR 0.65% over MCLR 0.50% over MCLR
b. Having contractual maturity more than  180 days but up to 1 year 0.75% over base rate 1.20% over MCLR 0.90% over MCLR 0.75% over MCLR
2- Bills drawn under L/C of other Banks-
a. Having contractual maturity up to 180 days 0.50% over base rate 0.95% over MCLR 0.65% over MCLR 0.50% over MCLR
B. Having contractual maturity more than 180 days but up to 1 year 0.75% over base rate 1.20% over MCLR 0.90% over MCLR 0.75% over MCLR

Remarks: The negotiation charges shall be recovered additionally as hither to.

CREDIT SCHEMES:
EDUCATION LOAN ”SHIKSHA”
Up to Rs.4.00lac 1.50% over base rate 1.95% over MCLR 1.65% over MCLR 1.50% over MCLR
Above Rs.4.00lac 2.50% over base rate 2.95% over MCLR 2.65% over MCLR 2.50% over MCLR
APNA AASHIANA At base rate 0.45% over MCLR 0.15% over MCLR at MCLR
NAINI HOME IMPROVEMENT 1.75% over base rate 2.20% over MCLR 1.90% over MCLR 1.75% over MCLR
NAINI UTSAV 3.50% over base rate 3.95% over MCLR 3.65% over MCLR 3.50% over MCLR
NAINI SAHYOG 5.00% over base rate 3.45% over MCLR 3.15% over MCLR 3.00% over MCLR
SUHANA SAFAR 0.25% over base rate 0.70% over MCLR 0.40% over MCLR 0.25% over MCLR
VYAPAR SUVIDHA

a) When the credit facility is sanctioned against Immovable property and margin on value of immovable property is less than 50%.

 

 


b) When the credit facility is sanctioned against Immovable property and margin on value of immovable property is less than 50%.

 

 


c) When the credit facility is sanctioned against surrender value of Life Insurance Policies, Face Value of bank's own TDR's/NSC's/KVP's/IVP’s and margin on the surrender value/face value is 15% or more.

 

 

 


d)  When the credit facility is sanctioned against both Immovable property and against Life Insurance Policies,Face Value of Bank's own TDR's/NSC's/KVP's/IVP’s with margin on value of immovable property is 50% or more and margin on the surrender value/face value is more than 15%

a) 2.00% Over Base rate    p.a. at present with monthly rest,

b) 1.50% Over Base rate    p.a. at present with monthly rest

c) 1.50% Over Base rate    p.a. at present with monthly rest

d) 1.50% Over Base rate    p.a. at present with monthly rest,

a)2.45% over MCLR   

b)1.95% over MCLR   .

c)1.95% over  MCLR   .

d)1.95% over MCLR   .

a)2.15% over MCLR   

b)1.65% over MCLR   .

c)1.65% over  MCLR   .

d)1.65% over MCLR   .

a)2.00% over MCLR   

b)1.50% over MCLR   

c)1.50% over  MCLR   

d)1.50% over MCLR   

NAINI UDYOG PRASAR
Up to Rs 50,000/- Base Rate MCLR +0.45% MCLR +0.15% at MCLR
Above Rs 50,000/-  to Rs 2.00 lac Base Rate + 0.50% MCLR +0.95% MCLR +0.65% MCLR +0.50%
Above Rs 2.00 lac to Rs 10.00 lac Base Rate + 0.75% MCLR +1.20% MCLR +0.90% MCLR +0.75%
Above Rs 10.00 lac to less than Rs 25.00 lac Base Rate + 1.25% MCLR +1.70% MCLR +1.40% MCLR +1.25%    p.a.
Above Rs 25.00 lac and up to Rs. 100.00 Lacs Base Rate +1.75%     at present for first 12 months and thereafter as per credit rating MCLR +2.20%      at present for first 12 months and thereafter as per credit rating MCLR +1.90% i.10.80%   at present for first 12 months and thereafter as per credit rating MCLR +1.75%     at present for first 12 months and thereafter as per credit rating
FINANCING AGAINST IMMOVABLE PROPERTY 5.00% over base rate 5.45% over MCLR 5.15% over MCLR 5.00% over MCLR
NAINI HEALTH CARE
Term loan Up to 100 lac 1.25% over base rate 1.70% over MCLR 1.40% over MCLR 1.25% over MCLR
Term loan above 100 lac 1.75% over base rate 2.20% over MCLR 1.90% over MCLR 1.75% over MCLR
Overdraft 1.75% over base rate 2.20% over MCLR 1.90% over MCLR 1.75% over MCLR
NAINI SHIKSHA PRASAR
For Demand Loan/Term loan 4.00% over base rate 4.45% over MCLR 4.15% over MCLR 4.00% over MCLR
For Overdrafts 5.00% over base rate 5.45% over MCLR 5.15% over MCLR 5.00% over MCLR
NAINI NIRMAN
CC(H) 4.00% over base rate    4.45% over MCLR    4.15% over MCLR    4.00% over MCLR   
Term loan 4.00% over base rate    4.45% over MCLR    4.15% over MCLR    4.00% over MCLR   
SCHEME FOR FINANCING AGAINST FURTURE RENT RECEIVABLES
(Under Commercial Real Estate)
4.00% over base rate    4.45% over MCLR    4.15% over MCLR    4.00% over MCLR   
SCHEME FOR GRANTING LOANS AGAINST FUTURE RENT RECEIVABLE
(Under Non Commercial Real Estate)
4.00% over base rate    4.45% over MCLR    4.15% over MCLR    4.00% over MCLR   
SCHEME FOR FINANCING TO HOTELIERS FOR THE REPAIR/RENOVATION/ UP KEEPING OFHOTELS/LODGES/RESTAURANTS
For Term loan 2.00% over base rate 2.45% over MCLR 2.15% over MCLR 2.00% over MCLR
For Overdrafts 2.00% over base rate 2.45% over MCLR 2.15% over MCLR 2.00% over MCLR
OVERDRAFT IN SAVINGS BANK ACCOUNTS 4.00% over base rate 4.45% over MCLR 4.15% over MCLR 4.00% over MCLR
NAINI GOLD LOAN 3.00% over base rate 3.45% over MCLR 3.15% over MCLR 3.00% over MCLR
SCHEME FOR FINANCING TO COMMISSION  AGENTS AGAINST IMMOVABLE PROPERTY  

3.00% over base rate

3.45% over MCLR 3.15% over MCLR 3.00% over MCLR
NAINI UDYOG SUVIDHA 2.00% over base rate 2.45% over MCLR 2.15% over MCLR 2.00% over MCLR
Advances against Govt.  Securities, Postal Securities, i.e. NSCs/KVPs, LIC Policy

3.00% over base rate

(for advances against NSCs and KVPs to staff 1.00% over the deposit rate)

3.45% over MCLR 3.15% over MCLR 3.00% over MCLR

for advances against NSCs and KVPs to staff 1.00% over the deposit rate

a. Term Deposit standing in the name of the borrower singly or jointly with others, in the name of the proprietor/partners of the borrowing firm, in the name of the ward whose guardian is competent to borrow on behalf of the ward and where the advance is made to the guardian of the ward in such capacity. 1.00% above the deposit rate.
(Base rate is not applicable)
1.00% above the deposit rate.
(MCLR is not applicable)
1.00% above the deposit rate.
(MCLR is not applicable)
1.00% above the deposit rate.
(MCLR is not applicable)
b. Advances against third party term deposit 3.50% above deposit rate, subject to minimum 4.00% over base rate 3.50% above deposit rate, subject to minimum 4.65% over MCLR 3.50% above deposit rate, subject to minimum 4.35% over MCLR 3.50% above deposit rate, subject to minimum 4.00% over MCLR
c. Advances against term deposit to staff/retired staff/spouse of staff 1.00% above the deposit rate.
(Base rate is not applicable)
1.00% above the deposit rate.
(MCLR is not applicable)
1.00% above the deposit rate.
(MCLR is not applicable)
1.00% above the deposit rate.
(MCLR is not applicable)

Interest rate structure applicable to Trading advances other than Vyapar Suvidha based on credit rating is as under:

Agg. Marks Cr. Rate Rate of Intt. Existing Base rate system For Tenure
1  year
MCLR 8.60 %
For Tenure
2 years
MCLR 8.90 %
For Tenure
above 2 years
MCLR 9.25%
95 – 100 A++

3.50% over
base rate

3.95% over MCLR

3.65% over MCLR

3.50% over MNLR

91 – 94 A+
86 – 90 A

4.00% over
 base rate

4.45% over MCLR

4.15% over MCLR

4.00% over MCLR

76 – 85 B++
66 – 75 B+

4.50% over
 base rate

4.95% over MCLR

4.65% over MCLR

4.50% over MCLR

56 – 65 B
55  & less C 5.00% over b
ase rate
5.45% over MCLR 5.15% over base rate

5.00% over base rate

Interest rate structure applicable to MSME based on credit rating is as under:

Agg. Marks Cr. Rate

Rate of Intt. Existing Base rate system

For Tenure
1  year
MCLR 8.60 %
For Tenure
2 years
MCLR 8.90 %
For Tenure
above 2 years
MCLR 9.25%
95 – 100 A++

2.50% over
base rate

2.95% over MCLR

2.65% over MCLR

2.50% over MCLR

91 – 94 A+
86 – 90 A 2.75% over
base rate   
3.20% over MCLR    2.90% over MCLR    2.75% over MCLR   
76 – 85 B++ 3.00% over
base rate   
3.45% over MCLR    3.15% over MCLR    3.00% over MCLR   
66 – 75 B+ 3.50% over
base rate   
3.95% over MCLR    3.65% over MCLR    3.50% over MCLR   
56 – 65 B 4.00% over
base rate   
4.45% over MCLR    4.15% over MCLR    4.00% over MCLR   
55  & less C 5.00% over
 base rate   
5.45% over MCLR  5.15% over MCLR  5.00% over MCLR   

Interest rate structure applicable to C & I AND general advances based on credit rating are as under:


Agg. Marks
Cr. Rate

Rate of Intt. Existing Base rate system

For Tenure
1  year
MCLR 8.60 %
For Tenure
2 years
MCLR 8.90 %
For Tenure
above 2 years
MCLR 9.25%
95 – 100 A++

3.00% over
base rate   

3.45% over MCLR   

3.15% over MCLR   

3.00% over MCLR   

91 – 94 A+
86 – 90 A

3.50% over
base rate   

3.95% over MCLR   

3.65% over MCLR   

3.50% over MCLR   

76 – 85 B++
66 – 75 B+

4.00% over
base rate   

4.45% over MCLR   

4.15% over MCLR   

4.00% over MCLR   

56 – 65 B

4.50% over
base rate   

4.95% over MCLR   

4.65% over MCLR   

4.50% over MCLR   

55  & less C

5.50% over
base rate   

5.95% over MCLR   

5.65% over MCLR   

5.50% over MCLR   

Interest rate structure applicable to Agro based Industries a (flour mill etc.) account based on credit rating is proposed as under:-  

Agg. Marks Cr. Rate

Rate of Intt. Existing Base rate system

For Tenure
1  year
MCLR 8.60 %

For Tenure
2 years
MCLR 8.90 %

For Tenure
above 2 years
MCLR 9.25%

95 – 100 RA++

1.00% over base rate   

1.45% over MCLR    

1.15% over MCLR    

1.00% over MCLR    

91 – 94 RA+
86 – 90 RA
76 – 85 RB++

1.50% over base rate   

1.95% over MCLR   

1.65% over MCLR   

1.50% over MCLR   

66 – 75 RB+
56 – 65 RB

3.00% over base rate   

3.45% over MCLR   

3.15% over MCLR   

3.00% over MCLR   

55  & less RC

Interest rate structure applicable to Rice Millers accounts based on credit rating is proposed as under:-  

Agg. Marks Cr. Rate

Rate of Intt. Existing Base rate system

For Tenure
1  year
MCLR 8.60 %
For Tenure
2 years
MCLR 8.90 %
For Tenure
above 2 years
MCLR 9.25%
95 – 100 RA++

0.50% over base rate

0.95% over MCLR

0.65% over MCLR

0.50% over MCLR

91 – 94 RA+
86 – 90 RA
76 – 85 RB++

1.00% over base rate

1.45% over MCLR

1.15% over MCLR

1.00% over MCLR

66 – 75 RB+
56 – 65 RB

2.00% over base rate

2.45% over MCLR

2.15% over MCLR

2.00% over MCLR

55  & less RC

All new accounts shall be placed under RA rating. Interest rate structure already applicable toSeed Processing Units based on credit rating is proposed as under:-  


Agg. Marks
Cr. Rate

Rate of Intt. Existing Base rate system

For Tenure
1  year
MCLR 8.60 %
For Tenure
2 years
MCLR 8.90 %
For Tenure
above 2 years
MCLR 9.25%
95 – 100 RA++

0.50% over base rate

0.95% over MCLR

0.65% over MCLR

0.50% over MCLR

91 – 94 RA+
86 – 90 RA
76 – 85 RB++
66 – 75 RB+

1.00% over base rate

1.45% over MCLR

1.15% over MCLR

1.00% over MCLR

56 – 65 RB
55  & less RC

2.00% over base rate

2.45% over MCLR

2.15% over MCLR

2.00% over MCLR


. Base Rate = 9.75 % wef 30/12/2016