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 |
14.25% |
| |
(ii) Hyp. Of stock and Mortgage of Property |
14% |
| |
(c) Above Rs. 2.00 Lacs |
14% |
| |
(d) Above Rs.20.00 Lacs |
14.50% |
| |
|
|
| |
S.S.I Sector |
|
| |
(a) upto Rs.1.00 Lacs |
14.50% |
| |
(b) Above Rs.1.00 Lac to Rs.2.00 Lacs |
|
| |
(i) Against Hypothecation of stocks |
13.50% |
| |
(ii) Hyp. Of stock and Mortgage of Property |
13.25% |
| |
(c) Above Rs. 2.00 Lacs |
13.50% |
| |
(d) Above Rs.20.00 Lacs |
14.00% |
| |
|
|
| 2 |
Transport |
|
| |
(a) upto Rs. 2.00 Lacs |
13.00% |
| |
(b) Above Rs. 2.00 Lacs |
14.25% |
| |
|
|
| |
Transport Loans collaterally secured by way of |
|
| |
Mortgage of Property: |
|
| |
(a) upto Rs. 2.00 Lacs |
12.50% |
| |
(c) Above Rs. 2 Lacs |
14.00% |
| |
|
|
| 3 |
Consumer Credit including |
|
| |
Two Wheelers |
|
| |
(a) upto Rs.0.50 Lacs |
15% |
| |
|
|
| 4 |
Loans against Govt. Securities |
14% |
| |
KVPs/NSCs/IVPs/LIC etc. |
|
| |
|
|
| 5 |
Housing Finance |
|
| |
a) upto Rs.2.00 Lacs |
|
| |
(i) with repayment upto 10 years |
11.00% |
| |
(ii) with repayment upto 15 years |
11.50% |
| |
(b) Above Rs.2.00 Lacs |
|
| |
(i) with repayment upto 10 years |
12.00% |
| |
(ii) with repayment upto 15 years |
12.50% |
| |
|
|
| 6 |
Clean Overdraft |
18.00% |
| |
|
|
| 7 |
Car Loan |
|
| |
(Repayment Period upto 3years) |
|
| |
Margin 25% |
|
| |
(i) up to Rs.1.00 Lacs |
12% |
| |
(i) Above Rs.1.00 Lacs |
12.50% |
| |
|
|
| |
(Repayment Period Above 3years) |
|
| |
Margin 25% |
|
| |
(i) up to Rs.1.00 Lacs |
12.25% |
| |
(i) Above Rs.1.00 Lacs |
12.75% |
| |
|
|
| 8 |
Education Loan |
|
| |
(i) up to Rs.2.00 Lacs |
12.50% |
| |
(i) Above Rs.2.00 Lacs |
14.50% |
| |
|
|
| 9 |
Personal Loan |
|
| |
(i) up to Rs.0.50 Lacs |
15.50% |
| |
(i) Above Rs.0.50 Lacs |
16.50% |
| |
|
|
| 10 |
Professional Loan |
15.50% |
| |
|
|
| 11 |
Real Estate |
|
| |
Construction of commercial complex |
|
| |
i.e Banquet Hall, Educational complex, Showroom, Hospital, |
|
| |
Nursing Homes, etc. |
|
| |
(i) upto Rs. 25.00 Lacs |
15% |
| |
(ii) Above Rs. 25.00 Lacs |
16% |
| |
|
|
| 12 |
Loans to weaker section/SC/BC/ST |
|
| |
0.25% will be less charged. |
|
| |
|
|
| 13 |
Adhoc Facilities |
|
| |
(over & Above the sanctioned Limit) |
|
| |
(i) upto period of 90 days |
2% over and above the applicable rate |
| |
(ii) Above 90 days |
3% over and above the applicable rate |
| |
|
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| |
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| |
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