Loans & Advances
CONTACT THE BRANCH MANAGER FOR CHANGE IN EMI OR SUITABLY EXTENDING THE REPAYMENT PERIOD DUE TO CHANGE IN INTEREST RATES ON ADVANCES.
Applicable from 04.10.2023
| Sr.No. | Type of Loan | Interest Rate |
| 1. | Housing Loan | |
| i) House/Flat Purchase & Construction | 8.49% | |
| ii) House Repairing & Expansion | 8.49% | |
| 2. | Gold Loan
|
7.99% |
| 3. | Vehicle Loan | |
| i) Personal Use | 7.99% | |
| ii) Commercial Use (Business) | 7.99% | |
| 4. | Salary Loan | |
| i) Employer Guarantee | 12.00% | |
| ii) Other (If Employee pay Installment to the bank by own) |
12.50% | |
| 5. | Hypothecation Loan (Term Loan) | |
| 1) Builders, Developers, Building Contractors | 13.00% | |
| 2) Others:
CIBIL:- a) Below 700 : b) 700 to 750: c) Above 750: |
10.99% 10.00% 09.75% |
|
| 6. | Cash Credit Loan | |
| 1) Builders, Developers, Building Contractors | 13.00% | |
| 2) Others:
CIBIL:- a) Below 700 : b) 700 to 750: c) Above 750: |
10.99% 10.00% 09.75% |
|
| 7. | T.O.D. | 15.00% |
| 8. | Bills Discounting | 15.00% |
| 9. | N.S.S. Loan/KisanVikasPatra | 11.50% |
| 10. | Pigmy Loan | 11.50% |
| 11. | Mortgage Loan | |
| 1) Builders, Developers, Building Contractors | 13.00% | |
| 2) Others:
CIBIL:- a) Below 700 : b) 700 to 750: c) Above 750: |
10.99% 10.00% 09.75% |
|
| 12. | Overdraft Against Term Deposit | 1 % more than Term Deposit |
CONSORTIUM ADVANCES: All loans under Consortium Arrangement will attract interest as per Consortium decision from time to time
