Loan Interest Rates
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Rate of Interest Effective Date : 01-August-2022

Loan Type Margin Rates
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)
Commercial Vehicle
Note :- Under Taking / Mortgage -condition



20 %
20 %
20 %
20 %
20%
50 %
30 %




9.95%
10.95%
11.95%
13%
8%
13 %
13 %

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


20%
20%
20%
20%
30%


7.50%
7.65%*
9.50%
11.00%
8.50%
Commercial Property
Purchase shop /office/ shed/ Godown (Up to Rs.25 Lacs)
Purchase shop /office/ shed/ Godown (Max Above Rs.25 Lacs)


25%
25%


8.95%
9.95%
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)


50%
50%


9.95%
10.95%
Mortgage Loan
Up to Rs.5 Lacs


50%


13%
Double Mortgage Cash Credit
Rs.25 Lac and Above


50%


10.50 %
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)


-
40 To 50%
40 To 50%
-
25%
25%
-
25%
25%
-
50%


-
10.50%
9.50%
-
8.45%
8.95%
-
8.45%
8.95%
-
13%
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

25%
25%

7.95%
8.95%
Education Loan
Up to Rs.20 Lacs
Above Rs.20 Lacs to Rs.25 Lacs

25%
25%

7.95%
8.95%
Project term Loan
Builders & Developers


50%


13%
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


20% To 50%


7.95%
Overdraft Against Term Deposit
Fixed Deposit/Cash Certi.
Third party Fixed Deposit


10%
10%
1% Above F.D.Rate
2% Above F.D.Rate