Rate Of Interest
| Interest On Loan Account Wef 01St. April 2024 | ||
|---|---|---|
| Gold Loan | = | @ 9.00% |
| Service Security Loan | = | @ 11.75% |
| NSC / KVP Loan | = | @ 11.50% |
| LIC Loan | = | @ 11.50% |
| Education Loan | = | @ 11.00% |
| Consumer Durable Goods Loan | = | @ 14.00% |
| Loan Against TDR | = | @ 1.50% Above |
| Loan Against DBS | = | @ 10.50% Above |
| Clean Overdraft Against TDR | = | @ 1.50% Above |
| Vehicle Loan |
a) 4 Wheeler(New) = c)4 Wheeler(Electric) = |
@ 11.00% @ 10.50% @ 15.00% |
| Cash Credit Loan | Upto Rs. 5,00,000 Above 5 Lakhs |
@ 11.50% |
| Secured Overdraft | Upto Rs. 2,00,000 Above 2 Lakhs To 15 Lakhs Above 15 Lakhs |
@ 12.00% @ 13.00% |
| Mortgage Loan (MGL, EMI Concept) | Upto Rs. 2,00,000 Above 2 Lakhs To 15 Lakhs Above 15 Lakhs Above 25 Lakhs |
@ 11.00% @ 11.50% |
| Housing Loan | (M GL – EMI) = | @ 9% (Fixed Rate) |
| Business Loan | Upto Rs. 2,00,000 Above 2 Lakhs To 15 Lakhs Above 15 Lakhs |
@ 10.50% @ 11.25% |
| Consumtion Loan | Upto Rs. 2,00,000 Above 2 Lakhs |
@ 10.25% @ 10.75% |
| Care -> | a) Cash Credit Loan – 2% Penalty interest will be charged in case of non transaction of 2 months b) gold Loan – Maximum 75% on Valuation ( Current Valudation Rs. 4,500/= per grams) |
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