| Sr. No. | Type of Loans | New Int. Rate(p.a) (w.e.f .01.12.2021) |
||||
| Upto Rs. 25 Lacs | Above Rs. 25 Lacs | Upto 50 Lacs | Above Rs. 50 Lacs | |||
| 1. | *Personal Loan (Unsecured) (As per limit sanction by BOD time to time) |
13.00% | N.A | N.A | N.A | |
| 2. | Vehicle Loans a) Personal Useb) Commercial Use / Two Wheeler |
10.00%11.00% | N.A | N.A | N.A | |
| 3. | Housing Loan(80% of cost price & maximum loan of RS 70.00 lakh) | 9.00% | 9.50% | —- | —- | |
| 4. | Loan Against Property/Over Draft Against Property(Housing/ Additional construction, House Repair/ Renovation, Borrowing from Friends/Relatives for construction etc) | 10.00% | 10.00% | 10.00%—- | 11.00%—- | |
| 5. | Business Loan/ Machinery Loan | 11.00% | 11.00% | 11.00% | 11.00% | |
| 6. | Loan Against Rent Receivable (Upto the tenure of lease agreement) | 10.00% | 10.00% | 10.00% | 10.00% | |
| 7. | Cash Credit Loan (Subject to credit rating) | 11.00% | 11.00% | 11.00% | 11.00% | |
| 8. | Overdraft Loan | 11.00% | 11.00% | 11.00% | 11.00% | |
| 9. | Gold Loan
a) Upto Rs.2.00Lacs (Bulet Payment) b) Loan With EMI (Maximum 36 Months) |
10.00% 9.75% |
—- | —- | —- | |
| 10. | Loan Against NSC/LIC (Surrender Value) | Up to 10.00 Lacs 9.00% & above 10.00 Lacs 9.50% | ||||
| 11. | Loan Against Term Deposit / OD Against Term Deposit (Inclusive of accrued Interest) a) Own Deposit b) Third Party Deposit |
1.00% Excess on applicable interest rate of deposit |
||||
| 12. | Temporary Overdraft (TOD) against clearing | 17.00% | —- | —- | —- | |
| 13. | Penal interest on the overdue loan (unreviewed/unrenewed CC / OD accounts) | 2.00% on overdue amount | —- | —- | —- | |
| 14. | Education Loans.
a) Male Student b) Female Student |
11.00% 10.00% |
—- | —- | —- | |
| 15. | Builders/Developers/Real Estate | 16.00% | 16.00% | 16.00% | 16.00% | |
