Internet Banking

At Cosmos Bank, we are committed to helping you meet all your banking needs to the best of our ability. You can access internet banking portal of our website at any hour of the day. There are no fixed timings to use the facilities. Moreover, enjoy the luxury of getting all the work accomplished at the comfort of your home or office, at any hour that is preferable for you

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Plot No-6, S.No-132/B, ICS Colony, Ganeshkhind Road, Pune
+91-20-67086708

Call Toll Free

1800 233 0234

customercare@cosmosbank.in

Weekdays 10 AM to 6 PM

Sunday : Closed

Interest Rates w.e.f. 18.12.2020

Interest Rates On Saving Deposit Scheme w.e.f. 18.12.2020 Interest Rate
Balance up to Rs.25.00 Lakhs 2.75%*  
Balance above Rs.25.00 Lakhs 4.00%*  
Non Resident Interest Rate  
Interest Rate on NRE & NRO Saving Accounts where Balance held is upto Rs. 25 Lakhs 2.75%*  
Interest Rate on NRE & NRO Saving Accounts where Balance held is above Rs. 25 Lakhs 4.00%*  

We hereby inform to all our esteemed depositors/account holders that the interest rates on Domestic Term Deposits are revised w.e.f  March 14, 2022.

Period General, NRO, Institutional,
Co-operative Credit Society		 Resident Senior Citizen
7 days to 14 days 3.25%* 3.25%*
15 days to 45 days 3.25%* 3.25%*
46 days to 90 days 3.75%* 3.75%*
91 days to 181 days 4.25%* 4.50%*
182 days to 12 months 5.00%* 5.25%*
Above 12 months to 18 months 5.30%* 5.70%*
Above 18 months to 24 months 5.30%* 5.70%*
Above 24 months to 36 Months 5.30%* 5.70%*
Above 36 months to less than 5 years 5.55%* 5.85%*
5 years up to 10 years 5.80%* 6.35%*


Cosmo TAX Saver Deposit Scheme

General  Senior Citizen
5.80%* 6.35%*

Revised Interest Rates for Other Deposit Schemes-

Flexi Fixed Deposit Scheme 

General Senior Citizen
3.25%* 3.25%*

Saving Deposit

Particulars Revised Rate Applicable
Balance upto Rs. 25.00 Lacs 2.75%*
Balance above Rs. 25.00 Lacs 3.50%*

Interest rates offered to Elite Senior citizen category are made at par with senior Citizen category

Housing loan new floating ROI for general borrowers with no categorization

Amount / Type of Loan Revised ROI % p.a.
All types of Commercial Term Loans and fund based working capital limits

8.45%* and above for Priority & 8.70%* and above for Non Priority(Depending on Credit Rating and size of exposure)
Special Rate of Interest for Pharmaceutical activity and Agriculture and allied agriculture activity
Additional discount for borrowers having External High Rating
For Other Advances
Vehicle Loan for 2 wheeler w.e.f. 01/06/2020 for new loan (Up to 60 months)
(Floating ROI)		 10.50%*
Vehicle Loan for 4 wheeler
New Car Loan: ROI are effective from 01.05.2021.
Upto Rs. 20 Lacs
Up to 3 years
More than 3 years to 5 years		 7.40%*
7.75%*
Above Rs. 20 Lacs 
Up to 3 years
More than 3 years to 5 years
7.40%*
8.00%*
Loan against assignable and tax free bonds 12.00%*
Loan against NSC / LIC Overdraft 10.00%*
Loan against Gold ROI are effective from 01.01.2021 8.50%*
Share / Mutual Fund / Overdraft 10.50%*
Consumer loans for domestic appliances 13.00%*
Cosmo – Credit 10.00% * to 14.00%*
Cosmos Professional comfort credit (OD) ROI for W. Capital & TLs:-
@ 8.25% (Subject to CIBIL above 750)
@8.50%-(CIBIL above 725 -750)
@8.75% (CIBIL above 700-725)
Cosmos Professional comfort credit (TL) ROI for W. Capital & TLs:-
@ 8.25% (Subject to CIBIL above 750)
@8.50%-(CIBIL above 725 -750)
@8.75% (CIBIL above 700-725)
SHG/JLG 9.75%*/24%
Education Loan
For Female Students 8.00%*
For Male Students 8.40%*
SME / Cosmo Working Capital Loan Scheme 11.00%*
Property Mortgage New Scheme ROI are effective from 01.05.2021 If Priority sector advance-Interest Rate-@ 8.75% p.a.
If Non-Priority advance-Interest Rate-@ 9.00 % p.a.
Limit to sanction TL & OD 50%:50% Form.
For Property Mortgage Term Loan Limit of Rs 5cr
Cheque / Bills Purchase 18.00%*
Builder / Promoter Finance 13.00%* upto Rs. 25.00 crore (T&C apply)
14.00%* Above Rs. 25.00 crore (T&C apply)
Wind Mill Finance
Up to Rs. 20 Crs 13.00%*
Above Rs. 20 Crs 12.00%*
Vendor Finance (Hundi Discounting) 9.50%*
Minority Community 11.00%*
Housing loan rate of interest for new loan : ROI are effective from 01.05.2021
Upto Rs 70.00 Lakhs Floating ROI:-
Loan AmountROI (p.a.) CIBIL Score
70Lakh 6.70% Above 800
70Lakh 6.90% Above 750 to 800
70Lakh 7.00% Above 700-750
70Lakh 7.25% Below 700
(with Deviations allowed)
Cosmo Home Delight Scheme ( top-up ) Unsecured. Upto Rs 20.00 Lakhs 8.00%*
Cosmos Sukh Shanti Loan scheme 10.00%*
Lease Rental Discounting 9.50%* to 12.50%*
L. C. Discounting our customers / other customers 8.75%*
Cosmos Technosavy Loan Scheme (Laptop) 11.00%*
Cosmos Proficiency Add on loan 11.00%*
Cosmos Home Décor Loan scheme 10.50%*
Cosmo Solar scheme 9.00%*
Cosmos Small business loan scheme @8.00% p.a. with “A” Rating
@ 8.25% with ‘B” Rating
@8.50% -“C” Rating/Green Filed/No Credit Rating,
Cosmos SME Progress Loan Floating Interest Rates:-
@8.00% p.a. with “A” Rating
@ 8.25% with ‘B” Rating
@8.50% For Green Filed/No credit rating.
Commercial vehicle loan 10.75%*
Concession in ROI by 0.50% for Cosmo Krushi Market Finance, Cosmos Medical loan Scheme will continue as it is. *T&C Apply
Differential Interest Rates applicable to different Categories of Of Exporters on availment of Rupee Export Credits

 

 
Categories of Export Credit Rates Applicable to Interest Rates % p.a. w.e.f. 12/01/2017
1] Pre shipment Credit
A] Up to 270 days Exporters WITH Loyalty Benefit
Credit Rating "A"
Credit Rating "B+ & B"
Credit Rating "C+ & C"		 9.00%* p.a.
9.20%* p.a.
9.45%* p.a.
B] Up to 270 days Exporters WITHOUT Loyalty Benefit
Credit Rating "A"
Credit Rating "B+ & B"
Credit Rating "C+ & C"		 9.20% * p.a.
9.45%* p.a.
9.70%* p.a.
C] Beyond 270 days All the exporters irrespective of Credit Rating Not exceeding 2%* over & above BPLR i.e. 14.75%*p.a.
2] Post Shipment Credit
A] On Demand Bills (For transit period as per FEDAI guidelines) i.e. sight bills or CAD bills Exporters WITH Loyalty Benefit
Credit Rating "A"
Credit Rating "B+ & B"
Credit Rating "C+ & C"		 9.00%* p.a.
9.20%* p.a.
9.45%* p.a.
B] On Demand Bills (for transit period as per FEDAI guidelines) i.e. sight bills or CAD bills Exporters WITHOUT Loyalty Benefit
Credit Rating "A"
Credit Rating "B+ & B"
Credit Rating "C+ & C"		 9.20%* p.a.
9.45%* p.a.
9.70%* p.a.
C] Usance bills (for total period comprising of usance export bills transit period as specified by FEDAI)
I] Up to 90 days Exporters WITH Loyalty Benefit
Credit Rating "A"
Credit Rating "B+ & B"
Credit Rating "C+ & C"		 9.00%* p.a.
9.20%* p.a.
9.45%* p.a.
II] Up to 90 days Exporters WITHOUT Loyalty Benefit
Credit Rating "A"
Credit Rating "B+ & B"
Credit Rating "C+ & C"		 9.20%* p.a.
9.45%* p.a.
9.70%* p.a.
III] Beyond 90 days up to 6 months from shipment date Exporters WITH Loyalty Benefit
Credit Rating "A"
Credit Rating "B+ & B"
Credit Rating "C+ & C"		 9.00%* p.a.
9.20%* p.a.
9.45%* p.a.
IV] Beyond 90 days up to 6 months from shipment date Exporters WITHOUT Loyalty Benefit
Credit Rating "A"
Credit Rating "B+ & B"
Credit Rating "C+ & C"		 9.20%* p.a.
9.45%* p.a.
9.70%* p.a.
Deferred credit for Period beyond 180 days All the exporters irrespective of Credit Rating Not exceeding 3.50%* over & above BPLR i.e. 16.25%* p.a.
3] Export credit not otherwise specified
I) Pre-shipment Credit All the exporters irrespective of Credit Rating BPLR + 4%* i.e. 16.75%* p.a.
I) Post-shipment Credit All the exporters irrespective of Credit Rating BPLR + 4%* i.e. 16.75%* p.a.

1. The new Interest Rates on NRE Term Deposit applicable w.e.f. 14.03.2022 are as follows:-

Period Rate of Interest
Only 1 year 5.00%*
Above 12 months to 18 months 5.30%*
Above 18 months to 24 months 5.30%*
Above 24 months to 36 months 5.30%*
Above 36 Months to less than 5 years 5.55%*
5 years up to 10 years 5.80%*

2. Card rates for 60 month's Tax Exemption Deposit Scheme w.e.f. 14.03.2022

60 months Tax Exemption Scheme Rate Of Interest
NRI's under NRO category 5.80%*

3. Applicable Rates for Cosmo FCNR (B) and Cosmo FCNR(B) Royale Deposits with effect from 01.05.2022 are as follows :

Period USD GBP EURO JPY

Applicable Applicable Applicable Applicable
1 year to less than 3 years 2.77 3.18 1.91 2.47
3 years up to 5 years 3.78 4.19 2.92 3.48

4. Applicable Rates for Cosmo FCNR (B) Premium and Cosmo FCNR (B) Double Bonanza Scheme with effect from 01.05.2022 are as follows:

Period USD GBP EURO JPY

Applicable Applicable Applicable Applicable
1 year  1 day 2.78 3.19 1.92 2.48

5. Revised rate for NRE & NRO Saving Deposit Account w.e.f. 14.03.2022


  Existing
Interest Rate on NRE & NRO Saving Accounts where Balance held is upto Rs. 25 lakh 2.75%*  
Interest Rate on NRE & NRO Saving Accounts where Balance held is above Rs. 25 lakh 3.50%*  

6. Considering the SOFR as on 29th April 2022 for USD & EURSTR for EUR as on 29th April the Interest Rates on RFC Deposits applicable for the month of May 2022 are mentioned below.

Period Interest Rates Applicable for RFC USD Deposit Interest Rates Applicable for RFC Euro  Deposit
1 month  to less than 3 months 0.77 0.00
3 months to less than 6 months 1.11 0.00
6 months to less than 1 year 1.56 0.00
1 year  to less  than 2 years 1.28 0.42
2 years to less than 3 years 1.28 0.42
3 years 1.28 0.42

These interest rates will be applicable to new deposits as well as renewal of the deposits maturing during the said period.

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