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MTB Interest Rates on Deposit
 

  Types of Deposit Interest Rate
1. Savings Deposits a) General
6.25%
b) Wage Earners
6.50%
2. Short Term Deposits
7.00%
3. Fixed Deposits:
 
1 month
  1 month and above but less than 3 months
10.00%
 
3 months
  Less than 1.00 crore
12.00%
  1.00 crore < 5.00 crore
13.00%
 
6 months
  Less than 1.00 crore
12.00%
  1.00 crore < 5.00 crore
13.00%
 
12 months to 24 months
  Less than 1 crore
12.50%
  Above 1 crore
13.00%
 
 
MTB Interest Rates on Lending
 

Categories Interest Rates (Mid)
1 Agriculture
8.00%
2 Term loan to large & medium scale industries
12.50%
3 Working Capital a. For large & medium scale industries
12.50%
b. For others
13.50%
4 Export Finance (PC, ECC)
7.00% (Fixed)
5 Commercial Lending including import finance
14.00%*
6 Housing Loan: (1) Commercial
14.50%
(2) Residential
       a)General

       b) Wage Earners

13.50%
13.00%
       
7 Term Loan to small & Cottage Industries
12.50%
8 Consumer Credit
14.50%
9 Lease Finance
14.00%
10 Loan to Non-Banking Financial Institutions
14.00%
11 Loan/SOD against FDR of the Bank
2% above FDR Rate (Fixed)
12 SOD against FDR of other Banks
13.50%
13 Auto Loan
14.50%
14 Small Business Loan
14.50%
15 Others
13.50%

Updated Last on 01-11-2008

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