Interest Rates
Latest rates of interest for investments & loans
| Category | Rate Of Interest |
|---|---|
| For Individuals, NRE/ NRO, HUF, Co-op Societies / Non scheduled UCBs / Regd. Trusts, All other categories of depositors / Senior Citizens | 2.75% p.a. |
Interest Rate on Domestic, NRO & NRE Term Deposits w.e.f. 2nd March, 2026 is as under:
| Deposits with Premature Withdrawal Option* | (All rates are per annum) | |
|---|---|---|
| Days / Years Inclusive | Individuals, HUF, Co-op. Societies/ Non Scheduled UCBs/Regd. Trusts & All other categories of depositors/NRO/NRE | Senior Citizens Residents Only |
| 7 Days to 14 Days | 3.25% | 3.75% |
| 15 Days to 45 Days | 3.50% | 4.00% |
| 46 Days to 89 Days | 5.00% | 5.50% |
| 90 Days | 5.25% | 5.75% |
| 91 Days to 117 Days | 5.50% | 6.00% |
| 118 Days | 5.75% | 6.25% |
| 119 Days to 179 Days | 5.75% | 6.25% |
| 180 Days | 6.50% | 7.00% |
| 181 Days to 330 Days | 6.75% | 7.25% |
| 331 Days to 364 Days | 6.75% | 7.25% |
| 12 Months | 6.95% | 7.45% |
| Above 12 Months to below 14 Months | 6.95% | 7.45% |
| 14 Months to below 16 Months | 6.85% | 7.35% |
| 16 Months to 24 Months | 6.75% | 7.25% |
| Above 24 Months to 60 Months | 6.60% | 7.10% |
| Above 60 Months to 120 Months | 6.60% | 7.35% |
| Tax exemption Scheme (5 Years) | 6.60% | 6.60% |
- Penal Interest of 1 % p.a. will be charged on the rate applicable for actual period run in case of pre-mature closure of any term deposit.
- General public rates are applicable to NRE and NRO deposits as well, subject to specific conditions applicable to these deposits. Rupee Term Deposits from under NRE category are accepted for various tenure slabs from 365 days to 60 months only.
- The Term Deposit Rates are subject to change without advance intimation.
Housing Loan
| Housing Loan | Rate Of Interest (ROI) |
|---|---|
| New House/ Resale/ Loan Balance transfer/ In Principle/ Under-Construction / Construction of Independent House - Priority Sector with Weaker Sections. | 7.25%* pa onwards |
| New House/ Resale/ Loan Balance transfer/ In Principle/ Under-Construction / Construction of Independent House – Non affordable and Non-Weaker Sections | 7.90%* pa onwards |
| Affordable Housing Loan - Salaried & Self Employed | 8.75%* pa onwards |
Loan Against Property/Commercial Property Purchase Loan/Top up on Mortgage Loan or Commercial Property Purchase Loan
| Loan Against Property/ Commercial Property Purchase Loan/ Top up on Mortgage Loan or Commercial Property Purchase Loan | Rate Of Interest (ROI) |
|---|---|
| Weaker Section | 7.75%* pa onwards |
| Non Weaker Section | 9.00%* pa onwards |
Gold Dropline Overdraft
| Gold Dropline Overdraft | Rate Of Interest (ROI) |
|---|---|
| Weaker Section | 8.00%* pa onwards |
| Non Weaker Section | 8.75%* pa onwards |
Doctors Loan
| Doctors Loan | Rate Of Interest (ROI) |
|---|---|
| Weaker Section | 7.75%* pa onwards |
| Non Weaker Section | 9.00%* pa onwards |
Education Loan
| Education Loan | Rate Of Interest (ROI) For Weaker Section | Rate Of Interest (ROI) For Non Weaker Section |
|---|---|---|
| Upto Rs. 5 Lakhs | 8.00%* pa onwards | 10.75%* pa onwards |
| Above Rs. 5 Lakhs | 8.00%* pa onwards | 8.75%* pa onwards |
Vehicle Loan
| Vehicle Loan | Rate Of Interest (ROI) |
|---|---|
| For Personal Use (4 Wheeler) | 8.65%* pa onwards |
| Commercial Vehicle Loan | |
| 8.00%* pa onwards |
| 12.00%* pa onwards |
| New Two Wheeler | 12.25%* pa onwards |
| Used Car Loan | 13.00%* pa onwards |
Loan / OD against Govt. Securities (excluding SV of Insurance Policies obtained from Pvt Insurers)
| Loan/ OD against Govt. Securities (Excluding SV of Insurance Policies obtained from Pvt Insurers) | Rate Of Interest (ROI) |
|---|---|
| Weaker Section | 8.75%* pa onwards |
| Non Weaker Section | 10.75%* pa onwards |
Solar Power Loan
| Solar Power Loan | Rate Of Interest (ROI) |
|---|---|
| Weaker Section | 8.25%* pa onwards |
| Non Weaker Section | 9.00%* pa onwards |
Other Retail Loan Product
| Other Retail Loan Product | Rates |
|---|---|
| Personal/ Surety Loan / Life Style Finanz Loan/ Consumer Durables | 13.75%* pa onwards |
| Group Loan | 12.00%* pa onwards |
| OD/ TL against shares | 14.00%* pa onwards |
| OD against Salary | 14.00%* pa onwards |
*All above rates are based on CIBIL score of the applicants
*Dear Customer, SVC Bank is pleased to inform you that its PLR has been revised to 13.90% w.e.f. 01/08/2025.
*Fixed Rate of Interest on Retail Loans is 2% over and above card rate
*T&C apply
NRE Rates
Revised Interest Rate on NRE Term Deposit with effect from 2nd March, 2026
| Days / Years Inclusive | Individuals |
|---|---|
| Upto 1 year | Withdrawn as per RBI Suggestions |
| Above 12 months to below 14 months. | 6.95% p.a. |
| 14 months to below 16 months | 6.85% p.a. |
| 16 months to 24 months | 6.75% p.a. |
| Above 24 months to 60 months | 6.60% p.a. |
FCNR Rates
The current Interest rate on FCNR Term Deposit with effect from 1st May, 2026 as furnished here below:
| Months/Years | USD | GBP | EUR | JPY | AUD |
|---|---|---|---|---|---|
| 1 year to less than 2 years | 5.60 % p.a. | 0.50 % p.a. | 0.50 % p.a. | 0.10 % p.a. | 0.50 % p.a. |
| 2 Years to less than 3 Years | 4.10 % p.a. | NA | NA | NA | NA |
| 3 Years to less than 4 Years | 3.85 % p.a. | NA | NA | NA | NA |
| 4 Years to less than 5 Years | 3.50 % p.a. | NA | NA | NA | NA |
| 5 Years only | 3.50 % p.a. | NA | NA | NA | NA |
RFC
The current Interest rate on RFC Term Deposit with effect from 1st May, 2026:
| Months/Years | USD | GBP | EUR |
|---|---|---|---|
| 1 Year | 5.60% p.a. | 0.50 % p.a. | 0.50 % p.a. |
| 2 Years | 4.10% p.a. | NA | NA |
| 3 Years | 3.85% p.a. | NA | NA |
Serial NO: 001 | Rate List No.: 001 | Time: 09:30 AM
Forex Rate Card as on - 5th May, 2026
| DEAL CURRENCY | AGT CURRENCY | TTB | TTS | BLB | BLS | CNB | CNS | TCB | TCS |
|---|---|---|---|---|---|---|---|---|---|
| 1 AED = | INR | 25.71 | 26.23 | 25.69 | 26.28 | 24.65 | 27.27 | 25.17 | 26.75 |
| 1 AUD = | INR | 67.58 | 69.02 | 67.53 | 69.16 | 66.85 | 69.71 | 66.17 | 70.39 |
| 1 CHF = | INR | 120.31 | 122.86 | 120.22 | 123.10 | 119.01 | 124.08 | 117.79 | 125.29 |
| 1 EUR = | INR | 110.36 | 112.65 | 110.28 | 112.88 | 109.17 | 113.77 | 108.05 | 114.88 |
| 1 GBP = | INR | 127.72 | 130.36 | 127.63 | 130.62 | 126.34 | 131.65 | 125.05 | 132.94 |
| 1 USD = | INR | 94.93 | 95.86 | 94.86 | 96.05 | 93.43 | 97.29 | 92.48 | 98.24 |
| 100 JPY = | INR | 60.02 | 61.26 | 59.98 | 61.38 | 59.38 | 61.86 | 58.77 | 62.47 |
Please Note:-
- Forex Card Rates are for foreign currency conversion into Indian Rupees and vice versa.
- Card Rates are generally published once a day in the morning on each forex working day. The bank may choose to publish revised Card Rates during the day on its own discretion in case of market volatility or for other reasons. Such revisions may take place once or more than once in a day as per market conditions.
- Card Rates are indicative and subject to change based on market conditions without prior notice. The rates prevailing at the time of debit/credit to customers accounts will be applicable to the transactions, which, at times, may be different from the published Card Rates.
- Card Rates are firm for transactions up to USD 10,000/- or its equivalent, as per Banks discretion.
- The above Card Rates shall supersede the earlier Card Rates for the given day, if any.
