| Interest rate (wef 01/01/2021) | ||
| Sr. No | Types of Loans / Advances | Interest Rate |
| 1 | Gold Loan : Up to Rs. 2 Lac (Under Bullet Loan Scheme) | 9.00% |
| 2 | Personal Loan | 13.00% |
| 3 | Term Loan | |
| (1) Less than Rs.1.50 Crore | 9.85% | |
| (2) Rs. 1.50 Crore and above | 9.85% | |
| (3) Total Exposure of Term Loan Group A/cs. Rs. 1.50 Crore & Above. For New / Used Machinery of All kind , Against Consumer Durables, Home Appliances, Office Equipments,Furniture & Vehicle for commercial purpose. [ If borrower offers 100% collateral security + Lien of 10% of bank FDR ( for Term Loan Components ) Rate of interest on such Term Loan will be 0.50% less than applicable rate ] |
9.85% | |
| 4 |
Vehicle Loan (For Personal Use only) (1) Two wheeler (2) Four wheeler (3) Four wheeler (For existing Borrowers - Loan upto Rs.50.00 Lac) Vehicle Loan (For Commercial Use only) |
9.00% 8.50% 7.50% 11.00% |
| 5 | Solar Loan (Residential / Industrial purpose up to 90% of Quotation Amount) | 9.75% |
| 6 | Loan to DOCTORS (Purchase of Equipments / Instruments / Furniture / Vehicles / Machinery) |
10.00% |
| 7 | Over Draft Against Fixed Deposits | FDs Rate |
| For Individual (Own FD) | +1.00% | |
| For Individual (Third Party) | +2.00% | |
| For Firms (Own FD) | +1.00% | |
| For Firms (Third Party) | +2.00% | |
| 8 | Loan Against Fixed Deposits | |
| For Individual (Own FD) | +1.00% | |
| For Individual (Third Party) | +2.00% | |
| 9 | Loan Against NSC/KVP/UTI/RBI BOND | |
| NSC/KVP – (Upto 80% of Face Value and Non-Cumulative UTI/RBI BOND – Upto 70% of Face Value) |
10.50% | |
| Third Party NSC / KVP (To be considered as a special case) | 12.50% | |
| 10 | Cash Credit | |
| (Against Paid Stock & Book and Debts Up to 90 Days) | 9.85% | |
| (100% Collateral Security + 10% FDR Under Bank’s Lien) | 9.35% | |
| 11 | Housing Loan (Maximum Period 15Years) | |
| Up to 10 Year | 8.50% | |
| From 10 Year to 15 Year | 9.00% | |
| 12 | Loan Against Property Mortgage | |
| 1) Less than Rs.1.00 Crore | 12.50% | |
| 2) Rs. 1.00 Crore and Above | 12.50% | |
| 13 | Loan for Construction / Purchase of Industrial Shed (Part of Project) | 12.00% |
