Public Sector Banks Credit Growth in India

Public sector banks are been always priority for the public to get credits. These banks have straight policy and good deposits so always public sector banks are on tops for credits. Compare to other countries where other private sector banks have good number of credits, In India public sector banks have good number of credits. We have accumulated two comparative years data for credits of public sector banks and we prepared 2 data charts for year 1969 and 2012 respectively.

We have prepared these 2 data chart which shows the comparison of 35 states/union territory of India regards with different public sector banks branches. Public Sector Banks include are State Bank of India and its associates, Nationalised Banks and IDBI Bank Limited. The Gross Bank Credit represents bank credit (excluding inter bank advances) as per form 'A' return under Sec. 42(2) of RBI Act, 1934 together with outstanding amount of bills re-discounted with RBI / financial Institutions. Figures are in crore.

Public Sector Banks Credit Growth in India Data Charts
Year 1969 (click to enlarge)
Above data chart represent that many states have very less credit for year 1969 and Maharahstra, West Bengal and Tamil Nadu were among the tops.


Public Sector Banks Credit Growth in India Data Charts
Year 2012 (click to enlarge)
As looking year 2012 data, Maharashtra is again on top with Delhi on second and Andhra Pradesh on third which shows that last two have good credit policies for different operations.

Below is the same data as table format for deeper look on the numbers.

Source: data.gov.in

NumberState \ Union TerritoryJune_1969March_2012
1Andaman & NicobarNil768
2Andhra Pradesh122305304
3Arunachal PradeshNil1327
4Assam1320230
5Bihar5332964
6Chandigarh6439745
7ChhattisgarhNil31468
8Dadra & Nagar HaveliNil364
9Daman & DiuNil344
10Delhi245473643
11Goa208414
12Gujarat195170750
13Haryana23128213
14Himachal Pradesh313132
15Jammu & Kashmir13746
16JharkhandNil25990
17Karnataka143213433
18Kerala7798690
19LakshadweepNil55
20Madhya Pradesh6379878
21Maharashtra912947948
22ManipurNil1228
23Meghalaya32458
24MizoramNil901
25NagalandNil1508
26Orissa1548564
27Puducherry53874
28Punjab50126875
29Rajasthan38111772
30SikkimNil1199
31Tamil Nadu311322799
32TripuraNil1957
33Uttar Pradesh154157545
34UttarakhandNil17231
35West Bengal526196191
AllIndiaBanks30363590508

Public Sector Banks Deposits Growth in India

Public sector banks are remain key ingredient in the growth of India. These public sector banks also grown well in terms of their wealth and operations. It have been long trustworthy relation between public and these public sector banks of India. People still thinks that these banks are good for their deposits compare to private banks considering the trust and safety of their deposits. Though Private sector banks are providing good services compare to public sector banks, still public sector banks tops for accumulation of deposits. We have accumulated two comparative years data for deposits in public sector banks and we prepared 2 data charts for year 1969 and 2012 respectively.

We have prepared these 2 data chart which shows the comparison of 35 states/union territory of India regards with different public sector banks branches. Public Sector Banks include are State Bank of India and its associates, Nationalised Banks and IDBI Bank Limited. Aggregate Deposits represents the demand and time liabilities of a bank (excluding inter- bank deposits). Figures are in crore.

Public Sector Banks Deposits Growth in India Data Charts
Year 1969 (click to enlarge)

Seeing above data chart it can be interpreted that highest number of deposit where around 900 crores in Maharashtra and on other hand many states have less then 100 crores deposits.

Public Sector Banks Deposits Growth in India Data Charts
Year 2012 (click to enlarge)

From 1969 to 2012 it was huge shift for Indian Public Sectors for deposits and Maharashtra still make it on top in 2012 as well. On other hand many states have grown significantly for deposits. However still there states with less deposits in 2012.

Below is the same data as table format for deeper look on the numbers.

Source: data.gov.in


NumberState \ Union TerritoryJune_1969March_2012
1Andaman & NicobarNil1891
2Andhra Pradesh121269846
3Arunachal PradeshNil5755
4Assam3358504
5Bihar169120685
6Chandigarh3531981
7ChhattisgarhNil59044
8Dadra & Nagar HaveliNil1242
9Daman & DiuNil1715
10Delhi360512269
11Goa4930466
12Gujarat401254678
13Haryana49101661
14Himachal Pradesh1234826
15Jammu & Kashmir1814042
16JharkhandNil79960
17Karnataka188286645
18Kerala117124665
19LakshadweepNil566
20Madhya Pradesh107146229
21Maharashtra9031080072
22Manipur13761
23Meghalaya99704
24MizoramNil2265
25Nagaland14827
26Orissa29102346
27Puducherry56062
28Punjab185150215
29Rajasthan74117748
30SikkimNil3608
31Tamil Nadu233278058
32Tripura47407
33Uttar Pradesh337358016
34UttarakhandNil50736
35West Bengal456304305
AllIndiaBanks38964615801

Public Sector Banks Branches Growth in India

Public sector banks are remain key ingredient in the growth of India. These public sector banks also grown well in terms of their wealth and operations. These also can be easily interpret with the growth in the number of the public sectors bank branches in India. Here we have accumulated state wise data of number of bank branches in India for 2 comparative years - 1969 and 2012 (2012 is again old for 3 years but these only we get from official government sources).

We have prepared one data chart which shows the comparison of 35 states/union territory of India regards with different public sector banks branches. Public Sector Banks include are State Bank of India and its associates, Nationalised Banks and IDBI Bank Limited.

Public Sector Banks Branches Growth in India Data Chart
click to enlarge

Interpretations:

Seeing the above data chart one can easily interpret that in year 1969 there were many states which don't have any bank offices and had very minimal offices. On other hand seeing the data of 2012, it seems that many states have grown well for different operations and having good number of branches. Uttar Pradesh tops for it and Maharashtra and Andhra Pradesh following it. There are also some states which had very less number of branches in 1969 and significantly grown in 2012 like Orissa. 

Below is the same data as table format for deeper look on the numbers.

Source: data.gov.in


NumberState \ Union TerritoryJune_1969March_2012
1Andaman & Nicobar144
2Andhra Pradesh5675869
3Arunachal PradeshNil71
4Assam741110
5Bihar2732997
6Chandigarh20301
7ChhattisgarhNil1009
8Dadra & Nagar HaveliNil25
9Daman & DiuNil25
10Delhi2742145
11Goa85410
12Gujarat7524298
13Haryana1722162
14Himachal Pradesh42957
15Jammu & Kashmir35383
16JharkhandNil1660
17Karnataka7564744
18Kerala6012868
19LakshadweepNil12
20Madhya Pradesh3433363
21Maharashtra11187170
22Manipur261
23Meghalaya7164
24MizoramNil43
25Nagaland285
26Orissa1002195
27Puducherry12112
28Punjab3463510
29Rajasthan3643166
30SikkimNil80
31Tamil Nadu10605359
32Tripura5141
33Uttar Pradesh7478180
34UttarakhandNil1101
35West Bengal5044635
AllIndiaBanks826270455

Two Wheeler Loan Fixed Interest Rate

Two wheeler is the most used and easily available transport system in India. Almost every home in India have the at least one two wheeler. There are many people who aspire for basic bikes to high class model bikes and the best support for them is easy two wheeler loan system. Most of the banks are providing the loan and small amount of loan for bikes is very powerful point for its easy execution. 

Two wheelers get quick and stress free loans authorization also
At decent interest rates. 
Less paper work and fast processing 
EMIs with post-dated cheques as well 
Two wheelers have easy maintenance 

Two Wheeler Loan Types: 

Secured Two Wheeler Loans: Availed against security such as valuable assets like home, land or others. 
Unsecured Two Wheeler Loans: Not secured against any precious asset, guarantor required

Below is the list of fixed interest rate for two wheelers in India. These are subject to change as per bank policy and RBI policy.


Two wheeler Fixed Loan Interest rate
BankInterest RateProcessing FeeRemarks
Bank of Maharashtra10.3500.00 ₹Loan value is Rs.0.50 lac .
Dena Bank13.3 Repayable upto 3 years.
Dena Bank13.8 Repayable greater than 3 years.
Jammu & Kashmir Bank13.25 For a period up to 3 years.
Jammu & Kashmir Bank14.25 For a period above 3 years.
State Bank of India17.951.22% 
State Bank of Mysore16.65  
Union Bank of India156 000.00 ₹0.50% of the loan amount, subject to maximum of Rs. 6000, plus service tax.

Two Wheeler Loan Floating Interest Rate

Two wheeler is the most used and easily available transport system in India. Almost every home in India have the at least one two wheeler. There are many people who aspire for basic bikes to high class model bikes and the best support for them is easy two wheeler loan system. Most of the banks are providing the loan and small amount of loan for bikes is very powerful point for its easy execution. 

Two wheelers get quick and stress free loans authorization also
At decent interest rates. 
Less paper work and fast processing 
EMIs with post-dated cheques as well 
Two wheelers have easy maintenance 

Two Wheeler Loan Types: 

Secured Two Wheeler Loans: Availed against security such as valuable assets like home, land or others. 
Unsecured Two Wheeler Loans: Not secured against any precious asset, guarantor required

Below is the list of floating interest rate for two wheelers in India. These are subject to change as per bank policy and RBI policy.


Two Wheeler Loan Floating Interest Rate
BankInterest RateProcessing FeeRemarks
Bank of Baroda14.25  
Bank of India10.710 000.00 ₹Repayment period up to 5 years. Processing Charges One time @1% of loan amount Min.Rs.2000 and Max.Rs.10,000.This loan rates for new vehicle.
Bank of India11.510 000.00 ₹Repayment period up to 3 years. Processing Charges One time @1% of loan amount Min.Rs.2000 and Max.Rs.10,000.This loan rates for Second Hand Vehicle.
Central Bank of India11500.00 ₹Processing Charges:Rs.500/- per proposal.
City Union Bank14.51.00%Processing Fees at 1% of the loan amount to be charged. 10 months net salary / income subject to maximum of RS.35000/- is permissible amount of loan.
Corporation Bank11500.00 ₹0.50% of the loan amount sanctioned with a minimum of Rs. 500. Loan tenor upto 3 years.
Corporation Bank11500.00 ₹0.50% of the loan amount sanctioned with a minimum of Rs. 500. Loan tenor above 3 years & upto 5 years
Corporation Bank11.5500.00 ₹0.50% of the loan amount sanctioned with a minimum of Rs. 500. Loan tenor above 5 years & up to 7 years.
HDFC Bank14.5600.00 ₹Two wheeler loans between 14.50% to 30.00% IRR . Loan Processing Charges Maximum - 4% of Loan Amount or Rs.600/- whichever is higher.
ICICI Bank16.5 Interest rates 12.5% to 16.5%. Specific interest rate applicable to a customer would be dependent on segment, asset category and location.
Indian Bank12.950.30%Maximum Loan amount for purchase of Two Wheeler : Rs.75,000. 0.30% of loan with a minimum of Rs. 300.
Indian Overseas Bank11 New two-wheeler - 90% of the cost of the vehicle or 10 times the gross monthly income or Rs.60,000/- whichever is lower.
Jammu & Kashmir Bank13.75 For a period exceeding 3 years.
Karnataka Bank13.7525 000.00 ₹New Vehicles Only. 0.25% with a minimum of Rs 250.00 + Up front asset verification/inspection charges of Rs 250.00.
Karur Vysya Bank15.75 Maximum Loan Amount Rs.75000.00
Lakshmi Vilas Bank13250.00 ₹Loan amount 75% of the cost of vehicle.
Punjab National Bank13.25 Less than 3 yrs. Salary is being disbursed through the concerned branch and/or under check off facility.
Punjab National Bank13.75 3 years & above. Salary is being disbursed through the concerned branch and/or under check off facility.
Punjab National Bank14.25 For Other including Business concern. Less than 3 yrs.
Punjab National Bank14.75 For other including Business concern. 3 years & above.
Saurashtra Bank15 Repayment Period upto 3 Years.
Saurashtra Bank16 Repayment Period above 3 & upto 5 Years.
State Bank of Bikaner & Jaipur15.251.15%For loans up to 3 years. Loan Amount Min, Rs.10000, 12 times of NMI Max. Rs.75000.
State Bank of Bikaner & Jaipur15.51.15%Above 3 years up to 7 years. Loan Amount Min, Rs.10000, 12 times of NMI Max. Rs.75000.
State Bank of Bikaner & Jaipur15.751.15%Above 7 years up to 10 years. Loan Amount Min, Rs.10000, 12 times of NMI Max. Rs.75000.
State Bank of Patiala16.5  
State Bank of Travancore17  
Syndicate bank11  
Tamilnad Mercantile Bank Limited16.251.00%For a Two Wheeler Loan of Rs. 50,000. 1.00% of Limit sanctioned without any maximum cap.

Educational Loan Fixed Interest Rate

Education is the most important part of life and when its career quality education is the prime requirement. In India, high quality education is not that easy for everyone in terms of fees and other expenditures. Education loan this comes into picture for those who want quality education but don’t have such financial support. Almost all banks in India offer education loans and it has been in stable form since long. 

Education loan is better than personal loan or saving account savings because education is Expensive as it's a matter of instant availability. An education loan makes you free from the task of accumulating sufficient money to fund higher education. Also education loans are widely and easily available. 

Features: 

Available Universally 

Anyone can apply 

Includes national and international education 

Includes all type of courses 

Sufficient loan amount 

Female student will get extra discounts 

Government also sponsored subsidy schemes 

The repayment tenure can stretch up to 5-7 years after completion of education. 

Below is the list of fixed rate education loan. These are rates are subject to change as per revision in bank policy and RBI policy.


Educational Loan Fixed Interest Rate
BankInterest RateProcessing FeeRemarks
Bank of Maharashtra12.25 Simple interest during moratorium period, there after compounded monthly. 1% interest concession may be provided to the loanees if the interest is serviced regularly as and when applied during the study period when repayment holiday is specified for interest/ repayment under the scheme. Interest concession is available only for moratorium period.
Bank of Maharashtra13 Simple interest during moratorium period, there after compounded monthly. 1% interest concession may be provided to the loanees if the interest is serviced regularly as and when applied during the study period when repayment holiday is specified for interest/ repayment under the scheme. Interest concession is available only for moratorium period.
Dena Bank11.8 Repayable upto 3 years.
Dena Bank11.8 Repayable greater than 3 years.
Dena Bank11.8 Repayable upto 3 years.
Dena Bank11.8 Repayable greater than 3 years.
Dhanlaxmi Bank13.251.00% 
Jammu & Kashmir Bank12.5  
Jammu & Kashmir Bank13.5 Above Rs.5.00 lacs & up to Rs.10.00 lacs
Jammu & Kashmir Bank14.25 Above Rs.10.00 lacs and up to Rs.20.00 lacs
Saraswat Bank14 Processing Fees For studies in India - Nil, For studies abroad - 0.5% of the loan amount. Maximum Rs 10 Lakh for education in India, Maximum Rs.20.00 lakhs for Education abroad.
UCO Bank10.2 Quantum of loan for studies in India : Maximum Rs. 10.00 Lac , Studies Abroad : Maximum Rs. 20.00 Lac.
Union Bank of India11.75 above 7.50 Lakh .Rate of Interest for girl student. Maximum repayment tenure is 15 years.
Union Bank of India12 upto 7.50 Lakh .Rate of Interest for girl student. Maximum repayment tenure is 10 years .
Union Bank of India12.25 above 7.50 Lakh .Rate of Interest for male student. Maximum repayment tenure is 15 years.
Union Bank of India12.5 upto 7.50 Lakh .Rate of Interest for male student. Maximum repayment tenure is 10 years .