A

RATE OF INTEREST ON DEPOSITS (per annum)

w.e.f. 01.08.2020
1

Current Deposits

Nil
2 Savings Bank 2.75%
3 Term Deposits (Period-wise) :
i) 7 days and up to 45 days 2.90%
ii) 46 days to 60 days 3.90%
iii) 61 days to 90 days 3.90%
iv) 91 days to 180 days 3.90%
v) 181 days to to less than 1 year 4.40%
vi) 1 year to less than 2 years 5.10%
vii) 2 years to less than 3 years 5.25%
viii) 3 years to less than 5 years 5.30%
ix) 5 years and up to 10 years 5.50%
x) Senior Citizen (upto 5 years ) 0.50%extra
xi) Senior Citizen (for 5 years above) 0.80% extra.
B RATE OF INTEREST ON ADVANCES (per annum)
1 Small & Medium Enterprise (SME) :
a) Cash Credit - (SSI/SBF) 13.00% to 13.75%
b) GCC/ACC/Swarojgar CC/SPCC 12.75%
c) Term Loan (SBF/SSI) 13.00% to 13.50%
d) SHG/NRLM/JLG (Non-Farm Sector) 12.50% to 13.50%
2 Agriculture & Allied Activities
a) Crop Loan 7.00%
b) Working Capital and Term Loan 12.00% to 13.00%
c) KCC other than Crop 12.00% to 13.00%
d) SHG/NRLM/JLG (Farm Sector) 12.00% to 13.00%
3 Other Priority Sector Advances :
a) Public Vehicle Loan 13.00% to 13.25%
b) NULM 12.50%
c) NHFDC 4.00% to 5.00%
d) JNNSM 12.75%
e) School Plus 12.50%
f) MUDRA 12.00% to 13.00%
g) Housing Loan 10.75% to 12%
h) Education Loan 12.75% to 13.75%
i) Two Wheeler Loan 10.25% to 12.50%
i) Small Road Transport Operator 10.00%
4 Non-Priority Sector Advances :
a) Personal Segment 12.5% to 15.00%
b) Festival Loan 15.25%
c) Car Loan 12.00% to 12.75%
d) Demand loan against TDRs 2.00% above TD
e) Clean Overdraft 15.50%
f) Pensioner Loan 12.50%
g) Housing Loan 11.75% to 12.00%
h) Home Line 0.50% above existing Home Loan

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Largest Branch Network in
Mizoram.
Mizoram Rural Bank
Head Office : B-5, Babu Tilla
Zarkawt : P.B.No. 160
Aizawl - 796007
Mizoram
Nodal Officer for Customer Grievance Redressal

CHIEF MANAGER(HR&ADM)
MIZORAM RURAL BANK
HEAD OFFICE
BABU TILLA, ZARKAWT, AIZAWL
MIZORAM - 796007
hr@mizobank.com

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