Advance Rate

Nature of Advances Rates Of Interest
1) Education Loan
  • During the course of education
9.00%
  • After completion of course
11.00 %
Maximum Ceiling
  • In India – Rs.10 Lakhs
  • Abroad – Rs.20 Lakhs

2) Loan against N.S.C / K.V.P /L.IC Policies 10.00%

3) Gold Loan – Maximum Ceiling 10.00%
(Up to 75% of Market Value)
Maximum Limit
  • General Loan Rs.2.00 Lakhs
  • Agri.Gold Loan Rs.10.00 Lakhs

4) Vehicle Loan (Four Wheelers) Maximum Period 48 Month of which
  • Up to 24 Months
10.00%
  • Above 24 Months but up to 48 Months
11.00%

5) Vehicle Loan (Two Wheelers) 13.00%

6) Commercial Vehicle 13.00%

7) Housing Loan : Maximum Ceiling Rs.70 Lakhs
Maximum Period 20 Years
  • 0.50% rebate on interest is payable/admissible on regular repayment of installments on quarterly basis to new A/Cs
9.50 %

8) Other Loans :
Fixed Assets Loan ,C/C Hypothecation
A) C/C Hypothecation
11.00 %
  • with minimum 25% utilization of sanction limit
B) Fixed Assets Loan (F/L)
11.00 %

9) Real Estate Finance
A) C/C Hypothecation
13.00 %
B) Fixed Assets Loan (F/L)
  • Up to 3 Years
13.00 %
  • Above 3 years but up to 5 Years
15.00 %

10)
A) Loan / Overdraft Against Banks own FDR
1.00 % ( over TDR Rate )
B) Overdraft with minimum 25% utilization of sanction limit
0.50 % ( over TDR Rate )

11) Clean Demand Loan ( C/C ) to Ordinary ( Regular ) members of the Bank.
Maximum Limit Rs.50,000/- of which
  • Limit Up to Rs.25,000/-
11.00 %
  • Limit above Rs.25,000/-
12.00 %

12) Special Scheme For Doctors 11.00%

13) Sarvodaya Swarojgar Dhiran Yojana (JLG) 10.00%

14) Personal Loan 18.00%

15) Industrial Finance 10.50%

16) Sarvodaya Micro Finance 10.76%