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  September 1, 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 5.15%* 5.25%*
Above 12 months to 18 months 5.80%* 6.10%*
Above 18 months to 24 months 5.90%* 6.20%*
Above 24 months to 989 days
6.00%* 6.30%*
Amrut Azadi Deposite Scheme A (990 days)
6.50%* 6.75%*
Above 990 days to 36 months 6.00%* 6.30%*
Above 36 months to less than 75 months 6.00%* 6.60%*
Amrut Azadi Deposite Scheme B (75 months)
6.75%* 7.00%*
Above 75 months to 10 years 6.00%* 6.60%*


Cosmo TAX Saver Deposit Scheme

General  Senior Citizen
6.00%* 6.60%*

Revised Interest Rates for Other Deposit Schemes-

Flexi Fixed Deposit Scheme 

Savigs Deposite
Current Deposite
3.25%* 2.00%*

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 month)
10.50%*
Vehicle Loan for 4 wheeler
New Car Loan: ROI are effective from 29.06.2022.
Upto Rs. 20 Lacs
Up to 3 years
More than 3 years to 5 years
7.65%*
8.00%*
Above Rs. 20 Lacs 
Up to 3 years
More than 3 years to 5 years

7.65%*
8.25%*
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:-
@ 8.50% (Subject to CIBIL above 750)
@8.75%-(CIBIL above 725 -750)
@9.00% (CIBIL above 700-725)
Cosmos Professional comfort credit (TL) ROI for W. Capital & TLs:-
@ 8.50% (Subject to CIBIL above 750)
@8.75%-(CIBIL above 725 -750)
@9.00% (CIBIL above 700-725)
Swayamsiddha Loan Scheme for women
9.75% CIBIL Above 750
10.25% CIBIL Below 750
SHG/JLG 9.75%*/24%
Education Loan
For Female Students 8.00% CIBIL Above 750
8.25% CIBIL Below 750
For Male Students 8.40% CIBIL Above 750
8.50% CIBIL Below 750
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 24.06.2022
Upto Rs 35.00 Lakhs Floating ROI:-
ROI (p.a.) CIBIL Score
6.90% Above 800
7.15% Above 750 to 800
7.50% Above 700-750
7.75% Below 700
(with Deviations allowed)
Above Rs 35.00 Lakhs to Rs 140.00 Lakhs Floating ROI:-
ROI (p.a.) CIBIL Score
7.00% Above 800
7.25% Above 750 to 800
7.60% Above 700-750
7.85% Below 700
(with Deviations allowed)
Housing Loan Take Over


upto Rs 35.00 Lakhs
6.60% CIBIL Above 800
6.70% CIBIL Below 800
Above Rs35.00 Lakhs to Rs 140.00 lacs 6.85% CIBIL Above 800
7.10% CIBIL Below 800
Cosmo Home Top-up. Upto Rs 20.00 Lakhs 8.25%*
Cosmos Sukh Shanti Loan scheme 10.25%*
Lease Rental Discounting 8.50%* to 10.00%*
Pharma/ Medical Distributors Loan Upto Rs 10.00 Cr 8.25% with “A” Rating
8.50% with “B” Rating
8.75% Green Field/ No Credit Rating
L. C. Discounting
8.75%*


Cosmos Proficiency Add on loan 11.00%*
Cosmos Home Décor Loan scheme 10.50%*
Cosmo Solar scheme 9.00%*
Cosmos Small business loan scheme @8.25% p.a. with “A” Rating
@ 8.50% with ‘B” Rating
@8.75% -“C” Rating/Green Filed/No Credit Rating,
Cosmos SME Progress Loan Floating Interest Rates:-
@8.25% p.a. with “A” Rating
@ 8.50% with ‘B” Rating
@8.75%  "C' Rating/Green Filed/No Credit Rating,
Commercial vehicle loan 10.75%*
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. 01.09.2022 are as follows:-

Period Rate of Interest
Only 1 year 5.15%*
Above 12 months to 18 months 5.80%*
Above 18 months to 24 months 5.90%*
Above 24 months to 989 days 6.00%*
Amrut Azadi Deposite Scheme A (990 days) 6.50%*
Above 990 days to 36 Months 6.00%*
Above 36 Months to less than 75 months 6.00%*
Amrut Azadi Deposite Scheme B (75 months) 6.75%*
Above 75 months to 10 years 6.00%*

2. Card rates for 60 month's Tax Exemption Deposit Scheme w.e.f. 01.09.2022

60 months Tax Exemption Scheme Rate Of Interest
NRI's under NRO category 6.00%*

3. Applicable Rates for Cosmo FCNR (B) and Cosmo FCNR(B) Royale Deposits with effect from 01.09.2022 are as follows :

Period USD GBP EURO JPY

Applicable Applicable Applicable Applicable
1 year to less than 3 years 4.27 3.68 1.91 1.95
3 years up to 5 years 5.28 4.69 2.92 2.96

4. Applicable Rates for Cosmo FCNR (B) Premium and Cosmo FCNR (B) Double Bonanza Scheme with effect from 01.09.2022 are as follows:

Period USD GBP EURO JPY

Applicable Applicable Applicable Applicable
1 year  1 day 4.28 3.69 1.92 1.96

5. Revised rate for NRE & NRO Saving Deposit Account w.e.f. 01.09.2022


 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 30th August 2022 for USD & EURSTR for EUR as on 30th August the Interest Rates on RFC Deposits applicable for the month of September 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 2.51 0.00
3 months to less than 6 months 2.95 0.00
6 months to less than 1 year 3.31 0.00
1 year  to less  than 2 years 3.28 0.92
2 years to less than 3 years 3.28 0.92
3 years 3.28 0.92

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