Rate of Interest on Loan & Advances with effect from 01-12-2018

Home Loans

» 8.75 % Interest (On Reducing Balance)

Loan/Overdraft against Bank Fixed Deposit

»0.75% Interest Rate extra from Bank deposit rate

Member Loan

» 13.00% Interest Rate

Cash Credit

»12.00% 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 @ 9.75% Interest Rate

»For Education in Abroad @ 9.60% Interest Rate

Domestic (Home Appliances) Loan

»Freeze / Ata Maker / T.V. / A.C. / Computer

» 11.75% Interest Rate (On Reducing Balance)

Loan against Government Securities

» 11.75% Interest Rate

Vehicle Loans

» Car Loan [Four Wheeler] @ 8.75% Interest Rate

» Old Car Loan @ 9.75% Interest Rate

» Commercial Car Loan @ 9.50% Interest Rate

» Two Wheeler Loan @ 11.50% Interest Rate

» Three Wheeler @ 11.50% Interest Rate

• Lowest interest rate
• No Processing charge
• Loan process within 24 hours

Equipment Loan

1/- to 9,99,999 11.75%
10,00,000 to 24,99,999 11.50%
25,00,000 to 49,99,999 11.25%
50,00,000 to 74,99,999 10.25%
75,00,000 to 99,99,999 9.75%
1,00,00,000 and above 9.50%

Cash Credit / Term Loan

• Hypothecation
• PMCC
• IMP Loan
• Industrial Loan/Overdraft
5,00,001 to 49,99,999 12%
50,00,000 to 99,99,999 11.00%
1,00,00,000 and above 10.75%

Professional Loan

»Doctors / Chartered Accounts / Architect / Chartered Engineer

»Mortgage Loan / Equipment Loan / Machinary Loan

»i) Limit up to 84,99,999 - 10.50% Interest Rate

»ii) 85,00,000 and above - 10.25% Interest Rate

Note :
- 0% Processing charge on all above loan
- Interest On Reducing Balance
- No Prepayment charges

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