Loan/Advances Interest Rates
Loan/Advances Interest Rates W.E.F. 01/08/2019
Type of Loan/Overdraft/Cash Credit facilities | Rate Of Interest |
---|---|
Cash Credit (against Stocks/BookDebts) | 11.25% |
Secured Overdraft/ Loan against Real Estate | 13.00% |
Other Loan (Social/CCL) | |
Upto Rs. 25000/- | 12.50% |
Rs. 25001/- to 200000/- | 13.00% |
Above Rs. 200000/- | 13.50% |
Vehicle Loan New | 10.00% |
Educational Loan | |
Rs. 400000/- | 11.00% |
Above Rs. 400000/- | 12.00% |
Loan/OD/CC to Medical Practioner | 11.00% |
Term Loan | 11.00% |
Machinery Loan/MSME | 11.00% |
CCC | 14.00% |
Working Capital Loan | 13.00% |
Solar Rooftop Loan | |
Residential Purpose | 8.00% |
Commercial Purpose | 10.00% |
Industrial Purpose | 9.00% |
Housing Loan | |
Upto Rs. 2500000/- | 9.00% |
Above Rs. 2500000/- | 10.00% |
Loan/OD/CC Processing Charges | |
Upto Rs. 200000/- | 250/-+GST% |
Above Rs. 200000/- | 0.25%+ GST% |
Renewal Processing Charges above Rs.200000/- | 0.10%+GST% |