| Rate of interest on Advances |
w.e.f.
27-01-2012 |
(A) |
All type of Cash Credit, Term Loan (Secured), Industrial, Commercial Vehicles & Consumer Loans.
Upto Rs. 1 Crore
More than Rs. 1 Crore |
13.00%
12.75%
|
(B) |
OAS Loan (against security of Immovable Property) | 13.50% |
(C) |
Loan against Govt. Securities - Term Loan/Cash Credit (NSC/KVP/BOND/LIC)
Upto Rs. 50 Lakhs |
11.50% |
(D) |
Education Loan (Higher + Secured)
Maximum upto Rs. 10 Lakhs (in India)
Maximum upto Rs. 20 Lakhs (Foreign Edu.)
|
10.75%
11.50% |
(E) | Housing
Loan (Maximum 180 Months)
Maximum upto Rs. 20 Lakhs
Above Rs. 25 Lakhs to Rs. 70 Lakhs |
11.25%
11.75% |
(F) |
Vehicle Loan (Personal Use)All type of Two-Wheelers
All type of Two-Wheelers
All type of New Four-Wheelers (Up to 36
Months)
All type of New Four-Wheelers (Above 48
Months to Max. 60 months)
All type of Old Four-Wheelers (Max. 36 months)
All type of Commercial Vehicle |
13.50%
10.75%
11.50%
13.50%
13.50% |
(G) |
Unsecured
Loan / Clean Cash Credit (Maximum Rs. 1,00,000/-)
Personal Loan, Hou. Renovation, Social Purpose,
Clean Cash Credit and all unsecured loans |
14.50 % |
(H) |
Rate for advances against fixed deposit of Rs. 25000 and above
- Upto Rs. 1 Lakh 0.50% + Rate of Int. on Fixed Deposit
- Above Rs. 1 Lakh 1.00% + Rate of Int. on Fixed Deposit
- Additional advance of 75% of Accrued Interest after 1 year from the date of deposit.
|
