Interest Rates – Loans

Term Loans |  Term Deposits

Rate of Interest for Loans against Security.

TYPE OF LOANInterest
Loan against Gold8.00%
Loan against
LIC policies / N.S.C
9.00 %
Loan against Consumer Durables
Home Appliances – Computer, TV set, Refrigerator, Washing Machine, Furniture.
12.00 %
Personal Loan (3 % Rebate)15.00 %
Upto 50 Lakhs Cash Credit(35 Months).
TYPE OF LOAN Interest
Cash Credit/Book date on salvation with Co-lateral 11.50 %
Cash credit again Real esate 12.50 %
Interest Rates for Term Loan and Cash Credit 50 Lacs to 2 Crore as per the credit ratings
Credit Rating term loan interest cash credit Interest
AAA 9.50 % 10.25 %
AA 10.50 % 11.00 %
A 11.00 % 11.50 %
BBB 12.25 % 12.75 %
BB 12.50 % 13.00 %
B 13.00 % 13.50 %
Interest Rates for Term Loan and Cash Credit Above 2 Crore as per the credit ratings 
Credit Rating term loan interest cash credit Interest
AAA 10.00 % 10.25 %
AA 10.50 % 11.00 %
A 11.00 % 11.50 %
BBB 11.75 % 12.25 %
BB 12.00 % 12.50 %
B 12.50 % 13.00 %
Rate of Interest for Housing Loans.
Housing loan period interest rate
Loan against Purchase of Plot (2% Rebate) Upto 7 Years 13.00 %
House Renovation / Interior / Compound etc. Upto 7 Years 14.00 %

Income from private employment13.00 %

Urban Nivara Scheme (Floating Interest rate)Interest Rate
Income basis on Income tax statement/Salary certificate8.75 %
Income based on other documents10.00 %
Private employment Income13 %
Rate of Interest for Educational loans.
TYPE OF LOAN Interest
Personal Education Loan 9.00 %
Education Loan against Security 9.90 %
Rate of Interest for Vehicle Loan.
TYPE OF VEHICLE 36 Months 48 Months 60 Months 72 Months
Commercial Vehicle 12.00 %
Commercial Vehicle (Old) 14.00 %
Car Purchase 8.75 %
Car Purchase (old) 13.00%
Two wheeler 10.00%
Rate of Interest for Agricultural Development loans.
TYPE OF LOAN Interest
Subsidiary agriculture business 12.50 %
TYPE OF LOAN Interest
 Builders / Developers Loan (Project Loan) (36 Months) 13.50 %

 

TYPE OF LOANInterest
 e.g.: Docter, Chartered Accountant, architect, CS, Management Consultant etc.Professional Loan (Upto 25Lacs)9.50 %
Professional Loan (Above 25Lacs)
Credit Rating interest RATE
AAA 9.50 %
AA 10.00 %
A 10.50 %
BBB 11.75 %
BB 12.00 %
B 12.50 %
Gulmohar Loan Scheme.
TYPE OF LOAN Interest
Period maximum 100 Months 13.00 %
Suvaran Urban Loan Schemes.
TYPE OF LOAN Interest
 Net Gold Rate 100% 10.00 %
 Net Gold Rate 100% + Rs.50,000/- 12.00 %
Net Gold Rate 100% + Rs.75,000/- 12.50 %
Net Gold Rate 100% + Rs.1,00,000/- 13.00 %
Real Estate/Housing Loan(Suvaran Urban Yojana) 10.00 %

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