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Loan Interest Rates

Interest Rate applicable on Loans & Advances with Effect From 01/05/2022
Sl.NOs Particulars Revised Interest Rate
1 Personal / Surety Loan
a) Salary Drawing Borrowers
b) Others/General

12.00%
13.00%
2 a) Gold Loan/Loan on Govt. Securities 9.00%
3 Vehicle Loan
New Vehicle for Women
New Vehicle for Others
Purchase of Used Vehicle

9.50%
10.00%
12.00%
4 Vehicle HP Loan(Only White Board Vehicle)
Up to Rs.10.00 Lakh

12.00%
5 a) House Construction and House / Flat Purchase
a) Upto Rs.50 lakhs
b) Above Rs.50 lakhs

8.90%
10.00%
6 Repair and Renovation of House/Flat
Upto Rs.10.00 Lakhs

10.50%
7 Site Purchase 11.00%
8 Higher Education
a) Upto Rs.20 lakhs
b) Above Rs.20 lakhs

10.00%
10.50%
9 Secured Term Loan(STL)- Education Loan
For Women Upto 3 Lakhs
For Others Upto 3 Lakhs

9.50%
10.00%
10 Business Term Loan
a) MSME
b) Others

10.00%
11.00%
11 CCL & OD
a) MSME
b) Others

10.00%
11.00%
12 Secured Business Loan to women entrepreneurs
Up to Rs.100.00 Lakh

10.00%
13 Charitable Trust, Society & Educational Institutions
Overdraft / Term Loan

10.50%
14 Commercial Building Purchase / Construction & CRE Project Loans 12.50%
15 Other Purpose
a) Upto Rs.50 lakhs
b) Above Rs.50 lakhs

12.50%
13.00%