Advance Rate
Nature of Advances | Rates Of Interest | |
1) | Education Loan | |
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09.00% * | |
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11.00 % * | |
Maximum Ceiling | ||
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2) | Loan against N.S.C / K.V.P /L.IC Policies | 09.00% * |
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3) | Gold Loan – Maximum Ceiling | 09.00% * |
(Up to 75% of Market Value) |
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Maximum Limit | ||
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4) | Vehicle Loan (Four Wheelers) | 09.50% |
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5) | Vehicle Loan (Two Wheelers) | 10.00% |
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6) | Commercial Vehicle | 11.00% |
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7) | Housing Loan : Maximum Ceiling Rs.70 Lakhs | 08.00 % * |
Maximum Period 20 Years | ||
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8) | Other Loans : | |
FixedAssets Loan ,C/C Hypothecation | ||
A) C/C Hypothecation |
10.00 % | |
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B) Fixed Assets Loan (F/L) |
10.00 % | |
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9) | RealEstate Finance | |
A) C/C Hypothecation |
13.00 % | |
B) Fixed Assets Loan (F/L) |
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13.00 % | |
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13.00 % | |
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10) |
A) Loan / Overdraft Against Banks own FDR |
1.00 % ( over TDRRate ) |
B) Overdraft Against Banks own FDR with minimum 25% utilization of sanction limit |
0.50 % ( over TDR Rate ) | |
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11) | Clean Demand Loan ( C/C ) to Ordinary ( Regular) members of the Bank. | |
Maximum Limit Rs.50,000/- of which | ||
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11.00 % * | |
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12.00 % * | |
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12) | Special Scheme For Doctors | |
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09.00 % | |
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10.00 % | |
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13) | Sarvodaya Swarojgar DhiranYojana (JLG) | 10.00% * |
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14) | Personal Loan | 14.00% * |
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15) | Industrial Finance | 10.50% |
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No interest rebate will be allowed in loan schemes against which * is marked |
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Rebate in rate of interest on loan/cash credit will be allowed as under except finance under housing and vehicle loans | ||
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