Rate of Interest on Loan & Advances with effect from 01-07-2024
Home Loans
» 8.25 % Interest (On Reducing Balance)
Vehicle Loan
» Two Wheeler @ 10.50% Interest Rate
» Three Wheeler @ 11.50% Interest Rate
» Four Wheeler @ 8.25% Interest Rate
» Commercial Wheeler @ 9.50% Interest Rate
» Old Vehicle @ 9.50% Interest Rate
Loan/Overdraft against Bank Fixed Deposit
»0.75% Interest Rate extra from Bank deposit rate
Member Loan
» 11.50% Interest Rate [Limit 2,00,000]
Cash Credit
»11.00% Interest Rate
Loan against Potato Slip / O.D.
»11.75% Interest Rate
Loan against NSC / O.D.
»11.75% Interest Rate
Education Loan
»For Education in India @ 9.25% Interest Rate
»For Education in Abroad for @ 9.25% Interest Rate
Machinery / Equipment Loan
| Up to 5,00,000 | 10.00% |
| 5,00,001 to 49,99,999 | 09.75% |
| 50,00,000 to 74,99,999 | 09.50% |
| 75,00,000 to 99,99,999 | 09.25% |
| 1,00,00,000 and above | 09.00% |
Cash Credit / Term Loan
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Note :
– 0% Processing charge on all above loan
– Interest On Reducing Balance
– No Prepayment charges