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LOAN RATE OF INTEREST

LOAN RATE OF INTEREST

Sr.NoLoan Type Rate of Interest Repayment period
1Gold Loan; Upto Rs.25.00 Lakh
Agriculture Purpose*
Jewel Loan:
Upto Rs.10 Lakhs : Bullet Payment (Repayment Period 12 Months)
Above Rs.10 Lakhs

8.50%*

9.00%




60 Months
2Surety Loan / Medium Term Loan :
Upto Rs.1.00 Lakhs
Above Rs.1.00 Lakhs

11.00%

60 Months
100 Months
3Vehicle Loan:
2 Wheeler- Up to Rs.2.00 Lakhs
3 Wheeler- Above Rs.2.50 Lakhs
4 Wheeler- Above Rs.2.00 Lakhs


8.50%

48 Months
60 Months
60 Months
4Domestic Loan / Business Loan / Mortgage Loan:
Upto Rs.25 Lakhs
Above Rs.25 Lakhs

10.00% 10.50%

180 Months
240 Months
5Housing/ Property Loan: For House Construction / For Purchase
Site Purchase Upto Rs.25 Lakhs
Above Rs.25 Lakhs

10.00%
10.50%

180 Months
240 Months
6 Housing Loan (Priority)*: Property Unit Cost Below 63 Lakhs Loan (Unit Cost Includes Site + Construction Value)
A) Repair & Renovation: up to Rs.15 Lakhs
B) Purchase/Construction of House : up to Rs.50 Lakhs


9.00%


180 Months
240 Months
7Education Loan; For studies in India, Upto Rs.25 Lakh 9.00% 120 Months
8Machinery Loan*:
Up to 25 Lakhs
A) Women Entrepreneurs
B) General Category


8.50%
9.00%


60 Months