Loan Interest Rates
For Fresh Loan Sanctioned Only
Effective from 21.10.2020
SI.No. | Particulars | Rate |
---|---|---|
A | AGRICULTURE & ALLIED Activities | |
1. | Kissan Credit Card (KCC) | 7.00% * |
2. | Working Capital & Term Loan | |
a. Upto Rs. 5,00,000/- | 12.00% | |
b. Above Rs. 5,00,000/- | 13.00% | |
B | Small & Medium Enterprise (SME) | |
1. | Cash Credit (SBF / SSI) | |
a. Upto Rs. 5,00,000/- | 12.50% | |
b. Above Rs. 5,00,000/- | 13.00% | |
2. | Term Loans (SBF / SSI) | |
a. Upto Rs. 5,00,000/- | 12.50% | |
b. Above Rs. 5,00,000/- | 13.00% | |
C | Other Priority Sector Advances | |
1. | All Public Vehicle Loans (RTO) | 12.50% |
2. | Housing Loan (Upto Rs. 25,00,000/-) | |
a. Salaried | 10.00% | |
b. Non-Salaried | 12.00% | |
3. | Education Loan | 12.00% |
4. | NMDFC / Tatkal Loan | 7.00% |
D | Non-Priority Sector Advances | |
1. | Personal Loan | |
a. Upto Rs. 5,00,000/- | 12.25% | |
b. Above Rs. 5,00,000/- | 13.00% | |
2 | Festival Loan | 13.00% |
3 | Pensioner Loan | 12.50% |
4 | Car / Two wheeler Loan | 12.50% |
5 | Overdraft | 14.00% |
6 | Housing Loan (Above Rs. 25,00,000/-) | |
a. Salaried | 11.00% | |
b. Non – Salaried | 12.50% | |
7 | Church Loan | 11.00% |
8 | LOAN AGAINST DEPOSIT/DEMAND LOAN | 2.00% above FD Rate |