Interest Rates on Advances
(Rate with effect from 01.03.2024)
|
Type of Loan |
New Rate |
|
OD Against Property |
11.5 - 13.5% |
|
OD TO: PROFESSIONAL |
9.5 - 11% |
|
OD/TL(Under Surrogate scheme) |
13% |
|
Cash Credit Limit |
10 - 13% |
|
MTL : UPTO 25 LAC |
10 - 13% |
|
ABOVE 25 LAC |
11 - 13% |
|
Term Loan (For purchase of office block/shop or Machinery) |
10 - 11% |
|
SOLAR ROOF-TOP |
10% |
|
VEHICLE LOAN - TWO WHEELER |
10 - 10.50% |
|
EV VEHICLE |
10% |
|
PETROL VEHICLE |
10.50% |
|
FOUR WHEELER NEW - |
8.25% |
|
FOUR WHEELER OLD - |
10 - 12% |
|
AUTO RICKSHAW |
12.50% |
|
COMM.VEH-NEW |
9.9 - 10.50% |
|
COMM.VEH-OLD |
12.50% |
|
GOLD LOAN- |
10.50% |
|
PERSONAL LOAN- |
|
|
GROUP STAFF (Where undertaking for deduction of EMI from Employer is obtained) |
12% |
|
OTHERS WITH SECURITY |
14% |
|
WITHOUT SECURITY |
16% |
|
RENT DISCOUNTING |
11% |
|
HOUSING LOAN: |
8.65% |
|
HSG. REPAIR/RENOVATION & TOP UP |
9.25% |
|
EDUCATION LOAN |
10% |
|
MICRO FINANCE(WEAKERSECTOR) |
11% |
|
LOAN/OD AGAINST LIC/KVP/NSC |
10% |
|
EASY FEE EMI LOAN |
12% |
|
WHR FINANCE LOAN |
9.25 - 10% |
|
LOAN/OD AGAINST FDR |
1% OVER DEP.RATE |