[1] VEHICLE

Car Loan [Floating w.e.f 27/08/2024]

CIC Score >=700

9.00%

CIC Score <700

9.25%

Car Loan [Fixed Rate - w.e.f 27/08/2024]

CIC Score >=700

9.00%

CIC Score <700

9.25%

Loan agst Used Car

12.50%

Loan agst. Commercial Vehicle

11.00%

Loan agst. Two Wheeler (Floating)

10.00%

Nutan Easy Rider scheme (Fixed Rate)(Two wheeler)

CIC Score >700

14.00%

CIC Score Between 650 to 700

15.00%

Nutan Easy Rider scheme (Floating Rate)(Two wheeler)

CIC Score >700

12.50%

CIC Score Between 650 to 700

13.50%

[2] GOVT. SECURITY

Against N S C / K V P / Relief Bond (Govt.Securities)

8.75%

Against L.I.C. Policy

8.75%

[3] DEMAT SHARE - Against Demat Shares (Maximum Rs.10 Lacs)

10.00%

[4]   TRADE AND INDUSTRIES - Business Finance

(a) [ Below Rs.50/- Lacs- Less than 100 % Security ]

11.00%

(b) [Limit Below Rs.1/- Crore - 100 % Security requird - Business Booster ]

9.50%

(c) Rated Accounts :-

1. For Total Limit/Loans from Rs.50 Lakhs & below Rs.3 crore

As per rating

Having Credit Rating A++ customer

9.50%

Having Credit Rating A+ customer

10.25%

Having Credit Rating A customer

10.50%

Having Credit Rating B customer

11.00%

Having Credit Rating C customer

11.50%

Having Credit Rating D customer

11.75%

Having Credit Rating E customer

12.25%

2. For Total Limit/Loans from Rs.3 Crore & above

As per rating

Having Credit Rating A++ customer

9.25%

Having Credit Rating A+ customer

9.75%

Having Credit Rating A customer

10.00%

Having Credit Rating B customer

10.25%

Having Credit Rating C customer

11.00%

Having Credit Rating D customer

11.25%

Having Credit Rating E customer

12.00%

[5]   TRADE AND INDUSTRIES - ECLGS [w.e.f. 08/02/2023]

8.85%

[6] CLEAN WCDL COVID 19 (Fixed Rate)

10.65%

[7] Loan /O/D. Agst. Eq.Mort. Of Existing Property , Rent Discounting

Loan/ O/D. Agst. Eq.Mort. Of Property [ Cre - Other Than Business Purpose]

12.75%

[8] D A BILLS DISCOUNTING (Under L/C) Upto 364 Days

9.00%

[9] HOUSING Loan [ Maximum Rs.140 /- Lac ] - Repayment Term - max. 20 years

CIC Score >=700

Upto  35 Lac 8.50 %

Above 35 lac 9.50 %

CIC Score <700

Upto  35 Lac 8.75 %

Above 35 lac 9.75 %

[10] EDUCATIONAL

Secured Educational Loan -(Maximum Rs.20 lacs within India & Rs.40 Lacs outside India)

10.00%

Clean Educational Loan [Maximum Rs.4 lacs]

10.50%

[11] CLEAN LOAN / PERSONAL CONSUMER LOAN / CLEAN CASH CREDIT

13.00%

[12] CONSUMER LOAN (Maximum For 18 Months & Fixed Rate of Interest)

Scheme 1. Up to Rs.90,000/-

10.00%

Scheme 2. Above Rs.90,000/- and Maximum Up to Rs.3,00,000/-

10.00%

[13] DOCTORs / MEDICAL INSTITUTE / Hospitals

Secured Advances to Doctors / Medical Institutes / Hospitals Providing Medical Treatments Below Rs.1/-

Crore

9.75%

Secured Advances to Doctors / Medical Institutes / Hospitals Providing Medical Treatments Rs.1/- Crore

& below Rs.3 Crore

9.75%

Secured Advances to Doctors / Medical Institutes / Hospitals Providing Medical Treatments Rs.3/- Crore

& Below Rs.5/- Crore

9.50%

Secured Advances to Doctors / Medical Institutes / Hospitals Providing Medical Treatments Rs.5/- Crore

& Below Rs.7.50 crore

9.25%

Secured Advances to Doctors / Medical Institutes / Hospitals Providing Medical Treatments Rs.7.50 Crore

& above

9.00%

[14] MICRO CREDIT (Weaker Section) Not exceeding Rs.50000/-

11.00%

[15] LOAN /OD AGST. SOLAR POWER SYSTEM

Loan against purchase of solar roof top power system domestic/commercial

10.00%

Finance Against Solar Plant ( For Captive use)

Rating A++

8.50%

Rating A+

8.75%

Rating A

9.00%

[16] Commercial Passenger Vehicle Loan Scheme

Loan Below Rs 3/- Crore

9.25%

Loan Rs 3/- Crore & Above

8.80%

[17] Commercial Equipment/ Commercial Vehicle(for infrastructure projects)

Rating A++

9.75%

Rating A+

10.00%

Rating A

10.25%

[18] Finance agst. CGTMSE

1. For Total Limit/Loans from up to Rs.50 Lakhs

As per rating

Having Credit Rating A customer

9.50%

Having Credit Rating B customer

9.75%

Having Credit Rating C customer

10.00%

Having Credit Rating D customer

10.25%

2. For Total Limit/Loans Above Rs.50 Lakhs

As per rating

Having Credit Rating A++ customer

9.25%

Having Credit Rating A+ customer

9.50%

Having Credit Rating A customer

9.75%

Having Credit Rating B customer

10.00%

[19] (I) Nutan Empowerment of Women Scheme (NEWS)-Fixed rate

CIC Score >700

9.50%

CIC Score <700

10.00%

        (I) Nutan Empowerment of Women Scheme (NEWS)-Floating rate

CIC Score >700

9.00%

CIC Score <700

9.50%

[20] TOP UP LOAN

Top Up Clean Loan

Existing Term Loan Rate + 1.00% or 9.00% whichever is Higher

Top Up Secured Loan

Existing Term Loan Rate + 0.50% or 8.00% whichever is Higher

[21] LOAN /OD AGST. BANK FDR - OWN FDR/ THIRD PARTY FDR over rate

FDR Rate+1%

Revised Interest rate (Floating) will be applicable to all existing CC/OD/TL Accounts as well as Fresh Loans , while Fixed interest rate will be applicable to new advances as per advance category shown in Annexure-I

Processing Fees : - Please refer Processing fees Circular

Adhoc limit Charge @ 1.5% p.a on adhoc limit Sanctioned.

* For New customer rating shall be applicable on the basis of Audited Financials & subject to loan policy.