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  • helpdesk@sirsiurbanbank.in

  • Telephone : 08384-226643

    Grievance No: 83109 18622

    Toll Free Helpdesk No: 1800-1212-808

  • For any complaints/ suggestions please contact :

    Shri Sharat M. Mankame

    Customer Grievance Redressal Officer

    Regd. & Admn. Office:-

    Post Box No. 1, Rayarpeth

    SIRSI – 581 401 – Uttara Kannada District

    Karnataka State

Rates & Tariff

Check out our attractive interest rates on various schemes

Rate of Int on Deposits - Savings Bank

Applicable domestic rate of interest on deposits:

 

Savings Bank Deposit
Sl. No.
Particulars
Rate of Interest
1. Savings Bank account * 2.50

 

Term Deposits 
Sl.
No.
Period of Deposit
Interest Rates (%) (per annum)
General Public
Senior Citizen
1. 07 days to 45 days 3.75 3.75
2. 46 days to 90 days 4.25 4.25
3. 91 days to 180 days 5.50 5.50
4. 181 days to less than 12 months 5.75 5.75
5. 12 months upto 399 days 7.00 7.50
6. Samruddhi Deposit Certificate 400 days  (Simple Interest) 8.00 8.50
7. 401 days upto 60 months 7.25 7.75
8. Above 60 months upto 120 months 7.00 7.50
Term Deposits of Rs. 15.00 Lakh and above
Sl.
No.
Period of Deposit
Interest Rates (%) (per annum)
General Public
Senior Citizen
1. Samruddhi Deposit Certificate 400 days  (Simple Interest) 8.25 8.75

* Conditions apply

* Contact nearest branch for further details

* Rate of interest on deposits are subject to change

 

Rate of Int on Loans and Advances

Rate of interest on loans and advances with effect from 4th December 2022

 

Sl.No.
Particulars
Rate of Interest %
 

1.
Vehicle Loans
(a) New Vehicles  (Including Vehicles not more than 3 months old)
i. Two wheelers 13.00*
ii. Car Loan
a. Sanctioned Loan Up to Rs.10.00 Lakh 9.50*
b. Sanctioned Loan Above Rs.10.00 Lakh 9.50*
iii. Three wheelers 13.50*

  

2.
Gold Loans
 11.50*

 

 

3.
Personal Loans:

Personal/ Clean OD/ CC Loans – Against salary deduction up to Rs.5.00 lakh.

Others : Upto Rs.5.00 lakh
i. Against Salary Deduction and/ or standing instruction to the SB, where salary is disbursed through our branch 13.00*
ii. Other Salary Earners, where there is no deduction or control over salary 15.50
iii. Others (including DD/ Cheque discounting) 15.50

 

 

4.
Machinery Loans
i. New Renewable Energy Projects

– New Wind Power project / Solar Power Project Loans

 10.25*
ii. Other New machineries (including machineries not more than 3 months old) 13.50*

 

5.
Housing Loans  (“Sirsi Bank Easy Home Loans”) – With repayment period not exceeding 20 years
 9.75*

 

6.
Cash Credit/ Over Draft – (Irrespective of the purpose and the security provided)
13.00

 

7.
Term Loans against property (Mortgage Loans)
i. Hotel Industry Projects

(Includes convention hall projects)

 12.50
ii. Real estate / commercial real estate loans (Refer Note (4) below)
a. For construction of housing apartment (including construction of commercial shops which does not exceeds 25 % of the total housing project). 12.00
b. For construction of commercial shops and construction of housing apartments where proportion of Commercial Shops/ Commercial Space in the entire housing project exceeds 25 % of the total area. 13.75
iii. Loans for other purposes 13.00

 

8.
Loans and Advances at Concessional Rates

i.         large loans & advances of Rupees Twenty Lakh & above and up to Rupees Five Core

ii.         large loans & advances above Rupees Five Crore

 

 11.00*

10.25*

 

9.
Education Loan
  
i. Boy Student 9.50
ii. Girl Student 9.00

 

10.
Mortgage Loan for Educational Institutions
 10.25*

 * Conditions apply

Locker Annual Rent

The annual rent and deposits of various lockers

Locker Models
(Based on Locker Sizes)
Annual Rent (Rs.)
(Inclusive of GST at prevailing rates)
Locker Deposit (Rs.)
Banavasi, Shirali & S’Gad Branches
Hubli & Bangalore Branches
Other Branches
Banavasi, Shirali & S’Gad Branches
Hubli & B’lore Branches
Other Branches
(1) Model A [Small Size (4.5” * 6”)] 750 1050 750 4,000 6,000 4,000
(2) Model B – Medium Size
a. Model B1 – [Small Medium (6” * 7”, 6” * 7.5” & 6.2” x 7.8”)] 900 1200 900 5,000 7,000 5,000
b. Model B2 – [Normal Medium (4.5” * 12”, 4.5” * 12.8”, 4.5” * 13” & 4.5” x 13.6”)] 1200 1500 1200 6,000 8,000 7,000
c. Model B3 [Large Medium (6.2” * 13.6”, 6” * 16” & 6.2” * 16.5”)] 1500 1500 1500 8,000 10,000 8,000
(3) Model C – Big Size
a. Model C1 [Normal Big (11” * 12” & 10.5” * 13”)] 1800 1800 1800 10,000 18,000 13,000
b. Model C2 [Medium Big (10.8” * 13.6”, 11.6” * 12.8”, 11.5” * 13”, 10.8” * 14” & 13” * 12”)] 2250 2250 2250 13,000 22,000 17,000
c Model C3 [Large Big (12.5”*15, 12.5” * 16”, 12” * 16.5”, 13.6” * 14.8” & 12.8” * 16.4”)] 3000 3000 3000 17,000 25,000 20,000
(4) Model D [Extra Large]

(Includes 19.2” * 14.8”, 14.8” * 19.6” & 14.8” * 20.4”)

 2250 4500 3000 20,000 33,000 25,000
Service Charges for Loan Processing

Loan Application, processing/ document and cheque book charges.

 

Sl.
No.
Item
Amount
1.
Loan application form charges
 Rs.50-00
2.
Processing Charges/ Service charges
a. Up to Rs.1.00 Lakh 0.25 % of the sanctioned amount subject to a minimum of Rs.100-00.
b. Above Rs.1.00 Lakh and up to Rs.10.00 lakhs 0.25 % of the Sanctioned amount subject to a minimum of Rs.250-00.
c. Above Rs.10.00 Lakhs Rs.2,500-00 Plus 0.40 % of the amount by which the amount sanctioned exceeds Rs.10.00 Lakhs.
3.
Document charges
a. Up to Rs.1.00 Lakh Rs.100-00
a. Above Rs.1.00 lakh and up to Rs.10.00 Lakh Rs.250-00
b. Above Rs.10.00 Lakhs Rs.500-00
4.
Folio Charges (per folio)
 Rs.  25-00
5.
Cheque Book charges (25 Leaves)
Rs.25-00 Per Book

 

Note: i) The above rates of service charges shall not be applicable to Gold Loans and Deposit Loans.
ii) The above rates are applicable both for the fresh loans and advances and also for the renewal of Cash Credit/ Overdraft limits.
iii) Cheque Bounce charges : Rs.250-00 or charges debited by the clearing agent, whichever is higher.
RTGS/NEFT Charges

Bank’s Service Charges on RTGS/ NEFT, ATM/ RuPay Card, inoperative accounts etc., 

Other Service Charges
Items
Service  Charges
Inoperative Accounts Rs.15-00 Plus GST Per Quarter
SMS Charges Rs.15-00 Plus GST Per Quarter
RTGS/NEFT Charges Rs.10-00 Plus GST per RTGS/ NEFT transaction irrespective of the amount of transaction and category of customers
ATM/ RuPay Card Annual Maintenance charges Rs.100-00 Plus GST per Card per annum
Stock Verification Charges (When stock in trade has been taken as security to the loan). Loan Limit Below Rs.1.00 Crore Rs.2,000-00 Plus GST per half year
Loan Limit of Rs.1.00 Crore and above Rs.2,500-00 Plus GST per half year