Loans

FOR INDIVIDUALS

 

Type of Loan Revised Rate of Interest P.A. (Charging Interest at monthly rests)
Loan against gold ornaments O.D. against Gold Ornaments 12.50% (upto 10.00 lacs) 12.00% (above 10.00 lacs upto 25.00 lacs)
Cash Credit Facility to businessmen 13.50%
Loan to Students for Higher Education 11.00%
Vehicles Loan (New Vehicle) 12.50%
Mortgage Loan against Property/ Machinery 14.00%
Temporary Overdraft Facility 16.50%
Clean O.D. to Staff 11.00%
O.D. against N.S.C. / K.V.P. 12.50%
O.D. against F.D. Receipts 0.45% more than F.D. Rate
O.D. against N.S.C./LIC/UTI Bonds to staff 12.00%
HOUSING LOAN TO INDIVIDUALS
Fixed Rates

 

Loan Period Interest Rate p.a.
Up to 7 Years 4.00%
Up to 10 Years -
Up to 15 Years 4.00%