Loan Interest Rates

(With effect from 01-Feb-2021)


Sr No Particulars Rate of Int.
(%) w.e.f 01-02-2021
1 Hypothication Pledge/Warehouse/CC upto Rs. 25,00,000 8.50%
2 Hypothication Pledge/Warehouse/CC Rs.25,00,001 Below Rs. 1,00,00,000 9.00%
3 Hypothication Pledge/Warehouse/CC Rs. 1,00,00,000 and above 9.00%
4 Advance against EM / Secured Over Draft upto Rs. 25,00,000 10.00%
5 Advance against EM / Secured Over Draft Rs.25,00,001 Below Rs. 1,00,00,000 10.00%
6 Advance against EM / Secured Over Draft Rs. 1,00,00,000 and above 10.00%
7 Term Loan-Machinery/Industrial Shed/Equipment Finance upto Rs. 25,00,000 10.00%
8 Term Loan-Machinery/Industrial Shed/Equipment Finance Rs.25,00,001 Below Rs. 1,00,00,000 10.50%
9 Term Loan-Machinery/Industrial Shed/Equipment Finance Rs. 1,00,00,000 and above 10.00%
10 Term Loan-Road & Water Transport Finance 9.50%
11 Car Loan 8.50%
12 Truck, Taxi, Bus, Rickshaw etc. 10.00%
13 Consumer Durable Goods, TV, Freeze, Scooter etc. 10.00%
14 Housing Loan 9.00%
15 Education Loan 10.00%
16 Bill Purchase Limit 11.00%
17 Gold Loan 12.00%
18 Unsecured Overdraft 16.00%