Uttara Bank Ltd.
Uttara Bank Ltd.

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Interest Rate for Loan Products
 

SN Loan Products  Rates
1 Agriculture/ Rural   10.00%
2 Term Loan to Industry (Loans to Manufacturing Concerns)    
  i Large Enterprise   11.00%
  ii Medium Enterprise   13.50%
  iii Small Enterprise   14.00%
  iv Micro Enterprise   14.50%
  v Cottage Industry/ Enterprise   14.50%
3 Term Loan to Others (Loans to Service and Trading Concerns)    
  i Large Enterprise   11.00%
  ii Medium Enterprise   13.50%
  iii Small Enterprise   14.00%
  iv Micro Enterprise   14.50%
  v Cottage Industry/ Enterprise   14.50%
4 Working Capital to Industries (Loans to Manufacturing Concerns)    
  i Large Enterprise   11.00%
  ii Medium Enterprise   14.00%
  iii Small Enterprise   14.00%
  iv Micro Enterprise   14.50%
  v Cottage Industry/ Enterprise   14.50%
5 Working Capital to Others (Loans to Service & Trading Concerns)    
  i Large Enterprise   11.00%
  ii Medium Enterprise   14.00%
  iii Small Enterprise   14.00%
  iv Micro Enterprise   14.50%
  v Cottage Industry/ Enterprise   14.50%
6 Export (PC/ OD against Export)   7.00%
7 Import (PAD, LTR & LIM)    
  i Large Enterprise   11.00%
  ii Medium Enterprise   14.00%
  iii Small Enterprise   14.00%
  iv Micro Enterprise   14.50%
8 Consumer Financing    
  ii Consumer (Household Durables) to other than Staff   16.00%
  iii UHRL                                                                                   12.00%
  iv Personal Loan   16.00%
9 House Financing    
  i Residential   15.00%
  ii Commercial   15.00%
10 Other Financing    
  i Overdraft    
    A.   Loan Against DPS   A. 3.50% + DPS rate
    B.   Loan Against MDS   B. 3.50% + MDS rate
    C.   Loan Against FDR (Other Bank)   C. 3.00% + FDR rate
        (Our FDR rate/ other bank FDR rate; whichever is higher)
     
     
    D.   Loan Against FDR (Our Bank)   D. 3.00% + FDR rate
    E.   Loan Against DBDS   E. 3.50% + DBDS rate
    F.   Loan Against MMP   F. 3.50% + MMP rate
    G.   Loan Against Share/ Securities   14.00%
    H.   Loan Against WEDB   14.00%
     I.   Loan Against any other FO   14.00%
    J.    Loan Against Work Order    
    (a)  SME   14.00%
    (b)  Other than SME   13.50%
    K.   Loan Against Surrendered value of Life Insurance   14.00%
    L.   Loan Against Other Securities   14.00%
    M.  Loans to NGOs   10.00%
    N.   RSTL (Revolving Short Term Loan)   9.75%
  ii Lease Financing   12.00%
  iii NBFI   12.00%
  iv Syndication Financing   12.50%
  v Inland Bill Purchase (IBP)    
    (a)  SME   14.00%
    (b)  Other than SME   13.50%
  vi Nari Swanirbhor Rin Prokalpa   10.00%
  vii USBL   15.00%
  viii Demand Loan (Created Under Forced Circumstances)   18.00%
  NB.    
a If PC/ OD against Export remain unadjusted beyond 21days, interest rate at 13%, 14% and 14% for Large, Medium and Small Industries will be charged respectively.
b 3% above the prevailing rate will be charged on overdrawn amount of any loan though the bank management strictly prohibits such type of overdrawing.
c For OD against Cash Assistance (Cash Subsidy), Export Documents, Builtup Securities (in the form of FDR) and others (Garments Sector), interest rate at 13%, 14% and 14% for Large, Medium and Small Industries will be charged respectively. 
 
d Interest rate on UHRL will be fixed instead of floating. Revised rate (12%) on UHRL will be applicable only on new sanction.
e In case of Temporary Additional Drawing (TAD), the rate of interest will be 2% above the prescribed rate as per Instruction Circular No: 1496, dated: 03-11-2013


Interest Rate Deposit Products
 

SN Deposit Products Date of Effect  Rates
1 Fixed Deposit Receipt 16-Oct-16  
i 3 months and above but less than 6 months   4.75%
ii 6 months and above but less than 1 year   4.75%
iii 1 year and above but less than 2 years   4.75%
iv 2 years ( not more than 2 years)   4.75%
2 Special Notice Deposit (SND): 1-Feb-16  
i Less than 1.00 Crore   3.50%
ii 1.00 crore & above but less than 25.00 crore   3.75%
iii 25.00 crore & above but less than 50.00 crore   4.00%
iv 50 crore & above but less than 100.00 crore   4.25%
v 100.00 crore & above   4.50%
3 Saving Account (SB) 09-Nov-16  
i Savings Bank Deposits   3.00%
4 Mashik Munafa Prokalpa (MMP) 1-Feb-16 6.00%
5 Double Benefit Deposit Scheme: (10 years) 10-Sep-16 7.20%
6 Monthly Deposit Scheme (Special Scheme): (For 2,3 & 5 years) 9-Nov-16  
i Uttaran Bibah Sanchay Prokalpa   6.50%
ii Uttaran Swapnapuran Sanchay Prokalpa   6.50%
iii Uttaran Shikkha Sanchay Prokapla   6.50%
7 MDS Deposit Scheme: (For 5 & 10 years ) 9-Nov-16 6.50%