Rate of Interest for Loans


Loan Scheme
% Per Annum.
Gold Ornaments Loan
i) For loans upto and inclusive of Rs.1 lakh (Compounded Quarterly) 3 months period
13.00
ii) For loans upto and inclusive of Rs.1 lakh (Compounded Quarterly) 6 Six month(Compounded Quarterly)
14.00
iii) For a period of 6 months upto and Inclusive of Rs.1,00,000/-(New Scheme)(Compounded Quarterly)
11.00
IV)For 6 months period (New Scheme) Above 1,00,000/- (Compounded Quarterly)
12.00
 
Housing Loan
12.00
Housing Loan - EMI Scheme
10.50
 
Car Loan
10.50
Vehicle Loan
13.00
 
Mortgage Loan
14.00
 
Cash Credit Loans
i) For loans upto and inclusive of Rs.15 lakh
14.00
ii) For loans limit above Rs.15 lakh. And upto 25 lakh
13.00
For loans above 25 lakh
11.00
 
Suerty Loan - Income Tax Payee
13.00
Suerty Loan
16.00


Penal Interest 2.5% extra on all category of loans in case of default in repayment

HOUSING LOAN

BUSINESS LOAN