Loan Interest Rates

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Revision in Rate of Interest on Advances(Effective from 20/02/2023)

Sr. No Name of Loan Interest Rate
1 Loan Against NIC / LIC Policy 10.50 %
2 Cash Credit Hypothecation against Stock & Book Debts 10.50 %
3 Term Loan for Machinery 12.25 %
4 Overdraft/Term Loan against Mortgage of Immovable Property 10.50 %
5 Housing Loan 10.00 %
6 Gold Loan 10.50 %
7 Vehicle Loan
Vehicle Loan- 2 Wheeler(Personal) 12.25 %
Vehicle Loan- 4 Wheeler(Personal) 10.00 %
Vehicle Loan- 4 Wheeler(Commercial) 12.25 %
8 Loan Against Fixed Deposit of Bank
Advance Against own name FD FD Rate plus 1%
Advance Against third party FD FD Rate plus 2%
9 Consumer Loan 14 %
10 Personal Loan 14 %
11 Solar Rooftop Loan 10.00%