S.No. |
Description/Nature of Advance |
Rate of
Interest |
|
|
|
|
|
1 |
Trade and Commerce
including SSI etc. |
|
| |
(a) upto Rs.1.00 Lacs |
15.00% |
| |
(b) Above Rs.1.00 Lac to Rs.2.00 Lacs |
|
| |
(i) Against Hypothecation of stocks |
14.00% |
| |
(ii) Hyp. Of stock and Mortgage of Property |
13.50% |
| |
(c) Above Rs. 2.00 Lacs |
13.50% |
| |
(d) Above Rs.20.00 Lacs |
14.00% |
| |
|
|
| |
S.S.I Sector |
|
| |
(a) up to Rs.1.00 Lacs |
14.50% |
| |
(b)Above Rs.1.00 Lac to Rs.2.00 Lacs |
|
| |
(i) Against Hypothecation of stocks |
12.50% |
| |
(ii) Hyp. Of stock and Mortgage of Property |
12.00% |
| |
(c) Above Rs. 2.00 Lacs |
12.50% |
| |
(d) Above Rs.20.00 Lacs |
13.75% |
| |
|
|
| 2 |
Transport |
|
| |
(a) upto Rs.1.00 Lac |
12.50% |
| |
(b) Above Rs1.00Lac to Rs.5.00 Lacs |
13.75% |
| |
(c) Above Rs.5 Lacs |
14.25% |
| |
Transport Loans collaterally secured by way of |
|
| |
Mortgage of Property: |
|
| |
(a) upto Rs.1.00 Lacs |
12.00% |
| |
(b) Above Rs1.00 Lac to Rs.5.00 Lacs |
13.00% |
| |
(c) Above Rs.5 Lacs |
14.00% |
| |
|
|
| 3 |
Consumer Credit including |
|
| |
Two Wheelers |
|
| |
(a) upto Rs.0.50 Lacs |
14.75% |
| |
(b) Above Rs. 0.50 Lac |
15.00% |
| |
|
|
| 4 |
Loans against Govt. Securities |
12.50% |
| |
KVPs/NSCs/IVPs/LIC etc. |
|
| |
|
|
| 5 |
Housing Finance |
|
| |
a) upto Rs.3.00 Lacs |
|
| |
(i) with repayment upto 10 years |
10.00% |
| |
(ii) with repayment upto 15 years |
11.00% |
| |
(b) Above Rs.3.00 Lacs |
|
| |
(i) with repayment upto 10 years |
11.00% |
| |
(ii) with repayment upto 15 years |
12.00% |
| |
|
|
| 6 |
Clean Overdraft |
18.00% |
| |
|
|
| 7 |
Car Loan |
|
| |
(Repayment Period 60 Months) |
|
| |
Margin 25% |
|
| |
(i) up to Rs.1.00 Lacs |
10.00% |
