Annual Report 2020-21
 
Housing Loan 9.25% p.a.
Business Loan 13.00%p.a.
Two Wheeler Loan 15.00%p.a.
Four Wheeler Loan 10.50%p.a.
Gold Loan 9.00%p.a.
Staff Loan 12.00%p.a.
Overdraft Loan 13.00%p.a.
Interest Rate on Deposits
 
Period Rate of Interest
30 Days to 90 Days 4.00% p.a.
91 Days to 180 Days 4.50% p.a.
181 Days to upto 1 Year 5.50% p.a.
Above 1 Year to upto 3 Year 6.50% p.a.
Above 3 Years 6.00% p.a.

Note : 0.50% extra on Senior Citizens

Interest Rate on Recurring Deposits 8.00% p.a. (Above 1 Year to upto 5 Year)

 

Personal Banking

SPS bank is completely computerized from the day one and believes in catering to the needs of the customer efficiently at all times. The customer can have the luxury of one - to - one service, without having to shuffle between tables. Every staff is capable of providing the customer with all the information and service needed.

Deposits

Savings Bank Account


Current Account


Term Deposits


Recurring Deposits


Loans

Housing Loan


Vehicle Loan


Business Loan


Gold Loan


Property Loan


Personal Loan


Overdraft


Services

Core Banking Services


Net Banking


Mobile Banking


Rupay Card ( ATM Debit Card )


NEFT / RTGS


LPG Subsidy


DD / Pay Order Issues


Locker Facility


SMS Banking


Interest Rate on Loans & Advances

Loans & Advances Rate of Interest
Housing Loan 9.75% p.a.
Vehicle Loan 10.50% p.a.
Gold Loan 11.50% p.a.
Business Loan 14.00% p.a.
Property Loan 15.00% p.a.

Interest Rate on Deposits

Period Rate of Interest
30 Days to 90 Days 4.00% p.a.
91 Days to 180 Days 5.50% p.a.
181 Days to 1 Year 6.50% p.a.
Above 1 Year to 3 Years 7.50% p.a.
Above 3 Years 7.00% p.a.

Note : 0.50% extra on Senior Citizens

Interest Rate on Recurring Deposits 8.50% p.a.