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With effect from 08/05/2024 |
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CHART FOR RATE OF INTEREST OF ADVANCES |
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S.NO. |
PARTICULARS |
CIBIL SCORE/WOMEN/PRORITY/NON PRORITY |
ROI |
Margin |
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1 |
2 & 4 WHEELER & INDIVIDUAL VEHICLES (As per CIBIL Score) |
ABOVE 750 & New Borrowers |
UPTO 10 LAKH 8.50% ABOVE 10 LAKH 9.00 % |
Margin Two Wheeler Vehicles -10% Four Wheeler Vehicles – 10 % |
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BELOW 750 & New Borrowers |
UPTO 10 LAKH 9.00% ABOVE 10 LAKH 9.50 % |
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2 & 4 WHEELER & COMMERCIAL VEHICLES (As per CIBIL Score) |
ABOVE 750 & New Borrowers |
9.50% |
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BELOW 750 & New Borrowers |
10.00% |
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2 |
HOUSING LOAN (As per CIBIL Score) |
ABOVE 750 |
UPTO 25 LAKH 8.50 % ABOVE 25 LAKH 9.00 % |
Margin 10% for new flats. Margin 25% for flats upto 20 years old. Margin 50% for flats or security above 20 years. |
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BELOW 750 |
9.50% |
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WOMEN & CIBIL ABOVE 750 |
8.50% |
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WOMEN & CIBIL BELOW 750 |
8.75% |
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3 |
GOLD LOAN/CC AGAINST GOLD |
WOMEN & PRIORITY |
8.50% |
Margin 30% of average gold rate as per monthly letter from HO |
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NON PRIORITY |
9.00% |
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4 |
MORTGAGE LOAN |
ABOVE 700 |
12.00% |
25% |
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BELOW 700 |
12.50% |
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5 |
CASH CREDIT/BUSINESS LOAN |
GRADE A |
10.50% |
25% |
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GRADE B |
11.00% |
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GRADE C |
11.50% |
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6 |
OVER DRAFT FACILITY FOR BUSINESS |
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2% EXTRA |
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7 |
COMMERCIAL REAL ESTATE LOAN |
ABOVE 750 |
12.00% |
25% |
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BELOW 750 |
14.00% |
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8 |
EDUCATIONAL |
UPTO 20 LAKH |
9.50% |
25% |
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ABOVE 20 LAKH |
10.00% |
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9 |
AGRICULTURE |
ABOVE 750 |
12.00% |
25% |
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BELOW 750 |
13.00% |
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10 |
LAD/CCAD |
Against own receipts above Rs.5 Lakh |
1.00% |
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Against own receipts below Rs.5.00 Lakh Against Third Party receipts |
2.00%
2.00% |
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11 |
MSME |
UPTO 25 LAKH |
9.00% |
25% |
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ABOVE 25 LAKH |
9.50% |
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12 |
NSC & LIC |
Discounting Loans |
9.50% |
10% |
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For all types of fresh loans CIBIL Score of Borrower should be minimum 650 & above |
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13 |
Consumer Loan /Hypothecation |
Margin 25 % 2 Guarantor |
11 % (loan period 3 to 5 years) |
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14 |
Rent Discounting |
Margin 25% |
12% |
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