| Sr No | Type of Loan | Rate of Interest |
|---|---|---|
| 1 | (a) Personal Loan (Salary Deduction) | 14.50% |
| (b) Personal Loan (Unsecured) | 15.00% | |
| 2 | Vehicle Loan | |
| A) Two Wheeler Vehicle Loan for Women | ||
| i) Electronic Vehicle | 9.75% | |
| ii) Other than Vehicle | 10.00% | |
| B) Personal use (New Borrower) | 11.00% | |
| C) Personal use (Existing Borrower with Collateral Security) | 10.50% | |
| D) Commercial use / Two Wheeler | 12.00% | |
| 3 | Housing Loan | |
| A) Up to 25 Lakhs | 9.75% | |
| B) Above 25 Lakhs & Up to 140 Lakhs | 10.50% | |
| 4 | Loan Against Property / Mortgage Against Property Loan (M.A.P.L.) (Business, House Repairs / Renovation, Repayment of Debts, etc) | |
| A) Up to 50 Lakhs (Subject to Credit rating) | 11.00% | |
| B) Above 50 Lakhs (Subject to Credit rating) | 11.50% | |
| 5 | Business Loan / Machinery Loan | |
| A) Up to 25 Lakhs | 10.50% | |
| B) Above 25 Lakhs | 11.50% | |
| 6 | Loan Against Rent Receivable (upto the tenure of lease agreement) | 10.50% |
| 7 | Cash Credit Loan | |
| A) Special Cash Credit Facility Up to 2 Lakhs Against Stock | 12.00% | |
| B) Upto 25 Lakhs | 11.75% | |
| C) Above 25 Lakhs Up to 50 Lakhs | 12.00% | |
| D) 50 Lakhs & Above (Subject to Credit rating) | 12.00% | |
| Under Weaker Sector | ||
| A) Up to 5.00 Crore | 10.00% | |
| B) Above 5.00 Crore (Subject to Credit rating) | 10.50% | |
| 8 | Over Draft Loan | 12.50% |
| 9 | Over Draft Loan Against Gold (Only for Business Purpose) CIBIL Above 600 | 10.50% |
| 10 | Gold Loan | |
| A) Up to 2.00 Lakhs (Bullet Payment) | 10.00% | |
| B) Loan with EMI Up to 25.00 Lakhs (Maximum 36 Months) | 9.75% | |
| 11 | Sooraj Shakti Loan Up to 25.00 Lakhs | 11.00% |
| 12 | Loan Against NSC, LIC (Surrender Value) | |
| A) Up to 10.00 Lakhs | 9.00% | |
| B) Above 10.00 Lakhs | 9.50% | |
| 13 | Education Loan | |
| A) Male Students | 12.00% | |
| B) Female Students | 11.00% | |
| 14 | Builders / Developers / Real Estate (CRE Loan) | 14.00% |
| 15 | Loan for Purchases of Commercial Premises | |
| A) Up to 5.00 Crore | 11.00% | |
| B) Above 5.00 Crore | 10.00% | |
| 16 | Loan Against Term Deposit / OD against Term Deposit | |
| A) Own Deposit | ||
| i) Up to 2.00 Crore | 1.00% | |
| ii) Above 2.00 to 5.00 Crore | 0.65% | |
| iii) Above 5.00 Crore | 0.50% | |
| B) Third party Deposit | 2.00% | |
| 17 | Jeevan Suraksha Loan | 10.00% |
| 18 | Temporary Over Draft (TOD) against clearing | 16.00% |
| 19 | Penal Charges on Over dues Loan (Unreviewed / Unrenewed CC / OD Accounts) | 2.00% on Overdue amount |
Notes:
1. For all type of loan to women category interest rate will be 0.25% less than applicable interest rate except estate loan
2. In case of Hsg.Loan it is appicable to salaried women and in case of joint ownership the 1st name should be salaried women.
3. The 1st installment due(EMI)in respect of loan will be two months after the date of disbursements.
4. In respect of projects finance minimum moratorium period will be five to six months.