Rate of Interest Effective Date : 01-October-2022
| Loan Type | Rates | Margin |
|---|---|---|
| Vehicle Loan Individuals :Two Wheelar, Credit Score - 751 and Above Credit Score - 651 and Above Credit Score - 501 and Above Credit Score - 501 and below Four Wheelar Old Vehicle (Four Wheelar) |
9.95% 10.95% 11.95% 13% 8% 13 % |
20 % 20 % 20 % 20 % 20% 50 % |
| Commercial Vehicle Credit Score - Up to 600 Credit Score - 600 and Above Credit Score - 700 and Above Note :- Under Taking / Mortgage -condition | 11% 10% 9.75% |
30 % 30 % 30 % |
| Housing Loan Up to Rs.25 Lacs Up to Rs.25 Lacs (Floating Rate) Max Above Rs.25 Lacs to Rs.45 Lacs Max Above Rs.45 Lacs Housing / Extension / Renovation |
7.50% 7.65%* 9.50% 11.00% 8.50% |
20% 20% 20% 20% 30% |
| Commercial Property Purchase shop /office/ shed/ Godown (Up to Rs.25 Lacs) Purchase shop /office/ shed/ Godown (Max Above Rs.25 Lacs) |
8.95% 9.95% |
25% 25% |
| Mortgage Loan (Specific Business Purpose) Against Security shop /office/ shed (Up to Rs.25 Lacs) Against Security shop /office/ shed (Max Above Rs.25 Lacs) |
9.95% 10.95% |
50% 50% |
| Mortgage Loan Up to Rs.5 Lacs |
13% |
50% |
| Double Mortgage Cash Credit Rs.25 Lac and Above |
10.50 % |
50% |
| Business & Industries Hypothecation Cash Credit Up to Rs.10 lacs(Against stock+Book Debts) Above Rs.10 lacs(Against stock+Book Debts) Hypothecation Loan Up to Rs.25 lacs(Machinery Purchase) Above Rs.25 lacs(Machinery Purchase) Working Capital-Term Loan Up to Rs.25 lacs Above Rs.25 lacs Secured Overdraft Up to 50 % of property value(Specific Business Purpose) |
- 10.50% 9.50% - 8.45% 8.95% - 8.45% 8.95% - 13% |
- 40 To 50% 40 To 50% - 25% 25% - 25% 25% - 50% |
| Term Loan(Only For Professional Person) Up to Rs.25 Lacs Above Rs.25 Lacs |
7.95% 8.95% |
- - |
| Solar Panel Rooftop Residence (Max Up to Rs.10 Lacs) Commercial |
7.95% 8.95% |
25% 25% |
| Education Loan Up to Rs.20 Lacs Above Rs.20 Lacs to Rs.25 Lacs |
7.95% 8.95% |
25% 25% |
| Project term Loan Builders & Developers |
13% |
50% |
| Unsecured Loan Social and other Purpose (Up to Rs.4 Lacs) |
15% |
- |
| Advances Against Goverment Security Against N.S.C, N.S.S, K.V.P,L.I.C Policy Etc |
7.95% |
20% To 50% |
| Overdraft Against Term Deposit Fixed Deposit/Cash Certi. Third party Fixed Deposit |
1% Above F.D.Rate 2% Above F.D.Rate |
10% 10% |
The Vijay Bank
The Vijay Bank