Loan Interest Rates
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Rate of Interest Effective Date : 23-February-2023

Loan Type Rates Margin
Mahila Utkarsh Yojana
Up to Rs.1 Lacs


8.95%


-
Vehicle Loan (Personal Use)
Two Wheelar
Credit Score - 751 and Above
Credit Score - 651 and Above
Credit Score - 501 and Above
Credit Score - 501 and below
Four Wheelar Up to Rs.25 Lacs
Four Wheelar
Old Vehicle (Four Wheelar)




9.95%
10.95%
11.95%
13%
8.20%
8.50%
13 %





20 %
20 %
20 %
20 %
20%
20%
50 %

Commercial Vehicle
Credit Score - Up to 600
Credit Score - 600 and Above
Credit Score - 700 and Above
Note :- With UnderTaking / Mortgage


11%
10%
9.75%



30 %
30 %
30 %

Housing Loan
Up to Rs.25 Lacs (The total price of the house is Rs 45/- Lakh or less)
Credit Score - 750 and Above
Credit Score - 650 and Above
Credit Score - Up to 650
Up to Rs.35 Lakh (The total price of the house is Rs 45/- Lakh or less)
Credit Score - 750 and Above
Credit Score - 650 and Above
Credit Score - Up to 650
Rs.35 Lakh to Rs.140 Lakh (The total price of the house is Rs 45/- Lakh Above)
Housing / Extension / Renovation
Furniture - Fixtures Loan (Up to Rs.10 Lakh)




8.25%
8.75%
9.25%




9.75%
10.25%
10.75%
13%
8.50 %
9.50 %





20 %
20 %
20 %




20 %
20 %
20 %
20%
30 %
25 %

Commercial Property Purchase (shop /office/ shed/ Godown)
Up to Rs.25 Lakh
Max Above Rs.25 Lakh


8.95%
9.95%


25%
25%
Mortgage Loan (Specific Business Purpose)
Up to Rs.25 Lakh
Above Rs.25 Lakh


9.95%
10.95%


50%
50%
Mortgage Personal Loan
Up to Rs.2 Lakh
Rs.2 Lakh to Rs.5 Lakh


13%
13%


-
-
Double Mortgage Cash Credit
Rs.25 Lakh and Above


10.50 %


50%
Business & Industries
Hypothecation Cash Credit
Up to Rs.10 Lakh(Against stock+Book Debts)
Above Rs.10 Lakh(Against stock+Book Debts)
Machinery Loan
Up to Rs.25 Lakh
Above Rs.25 Lakh
Working Capital-Term Loan
Up to Rs.25 Lakh
Above Rs.25 Lakh
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%
Professional Loan(Only For Professional Person)
Up to Rs.25 Lakh
Above Rs.25 Lakh


7.95%
8.50%


-
-
Solar Panel Rooftop
Residence (Max Up to Rs.10 Lakh)
Commercial

7.95%
8.95%

25%
25%
Education Loan
Up to Rs.20 Lakh
Above Rs.20 Lacs to Rs.25 Lakh
Above Rs.25 Lakh

7.95%
8.45%
8.95%

25%
25%
25%
Builders Term Loan
Builders & Developers


13%


50%
Unsecured Loan
Social and other Purpose (Up to Rs.4 Lakh)


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%