(+91) 040-24757022, 24756316    |    info@abecoopbank.com

 

The 72ND Annual General Body Meeting was held on 23.09.2023 HYDERABAD and dividend declared @8% for FY 2022-23

 

GOLD LOANS @ 10.75% P.A.

 

MEDIUM TERM LOAN LIMIT ENHANCED FROM 1.00 LAC TO 2.00 LACS W.E.F. 25.09.2023

Interest Rates on Advances

Category Rate of Interest p.a Repayment Period
Gold Loan 10.75% 12 Months for Below Two Lakh Loans - Monthly/ Quarterly Installments for above Two Lakh Loans
Loans against Fixed Deposits 2% above the Deposit Rate 2 years from the date of sanction or maturity date of deposits whichever is earlier.
Secured Over Draft against Deposits 2% above the Deposit Rate 2 years from the date of sanction or maturity date of deposits whichever is earlier.