int rate retail

7/29/2019 Int Rate Retail

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REVISED RATE OF INTEREST ON RETAIL CREDIT ADVANCES W.E.F. 15.05.2012 AS PERBASE RATE OF 10.50%-

SCHEME PARTICULARS OF INTEREST RATE.

Education Loan

Loan up to Rs.4.00 lac BR + 2.50% = 13.00

Above Rs.4.00 Lacs & Upto Rs.7.50 Lacs BR + 3.00% = 13.50

Above Rs.7.50 Lacs BR + 2.50% = 13.00

Education Loan to Serving Professionals / Executives and Defence Personnel for Part-time courses BR + 3.00% = 13.50

Housing Loans

Granted At

Floating Rate

UP TO 5 YEARS Above 5 & upto 15 yr Above 15 &upto 25 yr

Up to Rs 30 lacs BR +0.25% =10.75% BR +0.25%= 10.75% BR+0.50%=11.00%

Above Rs.30-75 lacs BR+0.50%=11.00% BR+0.50% =11.00% BR +0.75%=11.25%

Above Rs.75 lacs- Rs. 3.00 Crores BR+0.75%= 11.25% BR +0.75%=11.25% BR+1.00% =11.50%

Above Rs. 3.00 Crores Interest rate shall be decided by sanctioning authority on case-to-case basis

Financing Of

Earnest Money

Rate of interest for purchase of plot / flat/ house BR +1.50% = 12.00%

In case borrower adjusts loan by disposing the plot or the loan,

account is not adjusted within stipulated period of the scheme.

BR+7.00% = 17.50% From the date of allotment / end daof stipulated period of the scheme, till liquidation of accou

Car/Vehicle Loan Scheme-

Personal Use. (Including Car

loan to Corporate clients)

If loan is repayable within 3 years BR + 1.00% = 11.50%

If loan is repayable after 3 years BR + 1.25% = 11.75%

Second Hand Car Loan If loan is repayable within 3 years BR + 3.00% = 13.50%

Loan To Traders Scheme Loan upto Rs.50000 BR +1.75% = 12.25%

Loan above Rs.50000 & upto Rs. 2.00 Lac BR +2.50% = 13.00%

Above Rs 2 lac to Rs. 25.00 Lacs BR +2.75% = 13.25%

Above Rs 25 Lacs to Rs.50 Lacs BR+2.50%=13.00% If Credit rating is A++ (1)

BR+3.00%=13.50% If credit rating is A+ (2)

BR+4.00%=14.50% If credit rating is A (3)

BR+5.00%=15.50% If credit rating is below A (4,5,6&7)

Personal Loan scheme BR +5.00% = 15.50%

Loan to Pensioners Scheme BR +3.50 % = 14.00%

Scheme For Financing Against Govt. Securities/LICs etc. Loan up to 50.00 lac (max) BR +2.00% = 12.50%

Women Entrepreneurs

Scheme/ Financing Beauty

Parlors/ by Women

MICRO & SMALL

Loan upto Rs.50000 BR +1.75% = 12.25%

Loan above Rs.50000 & upto Rs. 2.00 Lacs BR +2.00% = 12.50%

Above Rs. 2.00 Lac & up to Rs. 10.00 Lacs BR +2.25% = 12.75%

Scheme For Financing

Auto / Taxis

MICRO & SMALL

Loan upto Rs.50000 BR +1.75% = 12.25%



Above Rs 25 Lacs to Rs.50 Lacs BR+2.50%=13.00% If Credit rating is 1

BR+2.75%=13.25% If credit rating is 2




BR+3.75%=14.25% If credit rating is 6 & below

Loans to Professionals

(Except Doctors)

MICRO & SMALL

Loan upto Rs.50000 BR +1.75% = 12.25%


Above Rs 2 lac to Rs. 20.00 Lac BR +2.25% = 12.75%

Scheme for Loan to

Doctors

MICRO & SMALL

Loan upto Rs.50000 BR +1.75% = 12.25%



Above Rs 25 Lacs to Rs.1.00 crore BR+2.50%=13.00% If Credit rating is 1BR+2.75%=13.25% If credit rating is 2


BR+3.25%=13.75% If credit rating is below 4

BR+3.50%=14.00% If credit rating is below 5

BR+3.75%=14.25% If credit rating is 6 & below

Advance Against Gold

Jewellery

1.)Rate of Interest for Agriculture purpose

Loan upto Rs.50000 BR +1.50% =12.00%

Loan above Rs.50000 & upto Rs.2.00 Lacs BR +2.50% =13.00%

Above Rs. 2.00 Lacs & upto Rs. 10.00 Lacs BR +3.50% =14.00%

2) Other than Agriculture purpose BR +5.00% =15.50%

OTLS BR +4.25% =14.75%

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