| Sr. No. | Type of Loans | New Int. Rate(p.a) (w.e.f .01.03.2023) |
||||
| Upto Rs. 25 Lacs | Above Rs. 25 Lacs | Upto 50 Lacs | Above Rs. 50 Lacs | |||
| 1. | *Personal Loan (Unsecured) (As per limit sanction by BOD time to time) |
14.50% | N.A | N.A | N.A | |
| 2. | Vehicle Loans a) Personal Use b) Commercial Use / Two Wheeler |
11.25% / 12.25% | N.A | N.A | N.A | |
| 3. | Housing Loan(80% of cost price & maximum loan of RS 70.00 lakh) | 9.75% | 10.50% | —- | —- | |
| 4. | Loan Against Property/Over Draft Against Property (Housing/ Additional construction, House Repair/ Renovation, Borrowing from Friends/Relatives for construction etc) | 11.50% | 11.50% | 11.50% | 12.00% | |
| 5. | Business Loan/ Machinery Loan | 12.00% | 12.00% | 12.00% | 12.00% | |
| 6. | Loan Against Rent Receivable (Upto the tenure of lease agreement) | 11.50% | 11.50% | 11.50% | 11.50% | |
| 7. | Cash Credit Loan (Subject to credit rating) | 12.00% | 11.75% | 12.00% | 12.00% | |
| 8. | Overdraft Loan | 12.50% | 12.50% | 12.50% | 12.50% | |
| 9. | Gold Loan
a) Upto Rs.2.00Lacs (Bulet Payment) b) Loan With EMI (Maximum 36 Months) |
9.75% 9.50% |
—- | —- | —- | |
| 10. | Loan Against NSC/LIC (Surrender Value) | Up to 10.00 Lacs 9.25% & above 10.00 Lacs 9.75% | ||||
| 11. | Loan Against Term Deposit / OD Against Term Deposit (Inclusive of accrued Interest) a) Own Deposit b) Third Party Deposit |
1.00% Excess on applicable interest rate of deposit |
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| 12. | Temporary Overdraft (TOD) against clearing | 18.00% | —- | —- | —- | |
| 13. | Penal interest on the overdue loan (unreviewed/unrenewed CC / OD accounts) | 2.00% on overdue amount | —- | —- | —- | |
| 14. | Education Loans.
a) Male Student b) Female Student |
12.50% 11.50% |
—- | —- | —- | |
| 15. | Builders/Developers/Real Estate | 15.00% | 15.00% | 15.00% | 15.00% | |
