Interest Rate for Loan and Advances with effect from 11.08.2024
Interest Rate for Term Loan:
| Sr No | Type of loan | Description | Interest Rate |
| 1 | Loan Against Vehicle/Mahcinary Loan
|
New Vehicle | 12% |
| * Old Vehicle | 15% | ||
| Machinary Loan | 12% | ||
| 2 | Loan Against Building | * | 12.50% |
| 3 | Loan Against Building Construction | * | 12.50% |
| 4 | Personal Loan | Upto 200000/- | 13% |
| 5 | Consumer Durable Loan | * | 12% |
| 6 | Loan Against Gold Loan | *Upto 200000/- | 10% |
| 7 | Loan For Education purpose | * | 10% |
Interest Rate for Cash Credit/Overdraft:
| Sr No | Type of loan | Description | Interest Rate |
| 1 | Loan Against Hypothication | Upto 2499999/- | 14% |
| 2500000/- to 5999999/- | 13% | ||
| 6000000/- above | 12% | ||
| 2 | Loan Against Building | Upto 2499999/- | 12.50% |
| 2500000/- to 4999999/- | 11.50% | ||
| 5000000/- to 7499999/- | 10.50% | ||
| 7500000/ to 7800000/- | 9.50% | ||
| 7800000/- Above | 9% | ||
| 3 | Loan Against Fixed Deposit | 1% more than actual Fixed Deposit rate | |
| 4 | Loan Against NSC/KVP | As per surrender Value* | 12% |
| 5 | Loan Against Gold Loan | As per surrender Value* | 10% |
| 6 | Loan Against LIC | As per surrender Value* | 10% |
* Loan and Advances Limit as per Bank’s Policy and Exposure Limit as per RBI Guidelines.
