Rate Of Interest on loans & Advances
With effect from 09/06/2025
| Particulars | Rate of Interest w.e.f 04/08/25 | ||
| * RETAIL LOANS | |||
| [ 1 ] VEHICLE LOAN | Rate of Interest | Rate of Interest | |
| Car Loan-Floating Rate (Repo Linked) w.e.f 28/07/2025 | |||
| Credit Score | Rating | ||
| 800 & Above | A | 8.00% | |
| 750-799 | B | 8.15% | |
| 700-749 & -1 to 300 | C | 8.35% | |
| 650-699 | D | 8.50% | |
| Below 650 | E | 9.00% | |
| * Repo Rate + Respective Spread in each category *If Repayment opt 36 months- Additional discount of @0.10% *If Income/EMI is less than 60% Additional discount of @0.10%. *In case of Car Loans to Non Individuals, (i.e. Car Loans in the name of Partnership Firm, Company etc.) , Average CIBIL Score of all partners/directors should be considered for arriving ROI. If any partners/directors having CIBIL Score up to 300 than consider actual score for average. For example, one partner has CIBIL score of 756 and second partner has CIBIL score of 250 than average score will be 503(756+250=1006/2) *Existing borrower are not permitted to switch over from regular scheme to REPO Scheme. |
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| Car Loan [Floating-Ratingwise] - Scheme Discontinued | |||
| Rating A | 8.30% | ||
| Rating B | 8.70% | ||
| Rating C | 9.50% | ||
| Car Loan [Floating]- Scheme Discontinued | |||
| CIC Score >=700 | 8.80% | ||
| CIC Score <700 | 9.10% | ||
| Car Loan [Fixed Rate ] | |||
| CIC Score >=700 | 9.50% | ||
| CIC Score <700 | 9.75% | ||
| Loan agst Used Car | 12.50% | ||
| Loan agst. Commercial Vehicle | 11.00% | ||
| Loan agst. Two Wheeler | 10.00% | ||
| Nutan Easy Rider [Two wheeler] [Floating Rate] | |||
| CIC Score >700 | 12.50% | ||
| CIC Score Between 650 to 700 | 13.50% | ||
| Nutan Easy Rider [Two wheeler] [Fixed Rate] | |||
| CIC Score >700 | 14.00% | ||
| CIC Score Between 650 to 700 | 15.00% | ||
| [ 2 ] HOUSING LOAN [ Maximum Rs 2.00 Crore -- Upto 20 Years ] | |||
| Housing Loan-Floating Rate (Repo Linked) w.e.f 28/07/2025 | |||
| Credit Score | Rating | PRIORITY | NON PRIORITY |
| 800 & Above | A | 7.90% | 8.05% |
| 750-799 | B | 8.10% | 8.25% |
| 700-749 & -1 to 300 | C | 8.25% | 8.40% |
| 650-699 | D | 8.50% | 8.65% |
| Below 650 | E | 8.95% | 9.10% |
| * Repo Rate + Respective Spread in each category *All existing borrowers may be benefited with reduced rates by paying conversion charge of 0.50% on O/s + undisb portion of HL + GST. (Min of Rs.2500 and Max of Rs.25000 + GST) *At the time of conversion, new report from credit infomration companies should be generated. ( this will be applicable for conversion of Non-Repo to Repo). |
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| [ a ] Floating Rate - (Scheme Discontinued) | |||
| CIC Score >=700 | Upto 35 Lac - 8.15 % Above 35 Lac & upto 80 Lacs - 8.60% Above 80 Lacs - 8.75% |
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| CIC Score <700 | Upto 35 Lac - 8.50 % Above 35 Lac & upto 80 Lacs - 9.25% Above 80 Lacs - 9.50% |
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| [ b ] Fixed Rate | |||
| CIC Score >=700 | Upto 35 Lac - 9.00 % Above 35 Lac & upto 80 Lacs - 9.50% Above 80 Lacs - 10.00% |
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| CIC Score <700 | Upto 35 Lac - 9.25 % Above 35 Lac & upto 80 Lacs - 10.00% Above 80 Lacs - 10.25% |
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| [ 3 ] EDUCATION LOAN | |||
| [ a ] Floating Rate | |||
| Secured Education Loan | 9.00% | ||
| Clean Educational Loan [Maximum Rs.4 lacs] | 10.50% | ||
| [ b ] Fixed Rate | |||
| Secured Education Loan | 10.00% | ||
| Clean Educational Loan [Maximum Rs.4 lacs] | 11.00% | ||
| [ 4 ] CLEAN LOAN / PERSONAL LOAN / CLEAN CASH CREDIT | |||
| [ a ] Floating Rate | 13.00% | ||
| [ b ] Fixed Rate | 15.00% | ||
| [ 5 ] CONSUMER [ NUTAN EASY] LOAN . | |||
| Scheme 1 :- Upto Rs.90,000/- | 10.00% | ||
| Scheme 2 :- Above Rs.90,000/- and Maximum Up to Rs.3,00,000/- | 10.00% | ||
| [ 6 ] NUTAN EMPOWERMENT OF WOMEN SCHEME [ NEWS ] | |||
| [ a ] Floating Rate | |||
| CIC Score >=700 | 9.00% | ||
| CIC Score <700 | 9.50% | ||
| [ b ] Fixed Rate | |||
| CIC Score >=700 | 9.50% | ||
| CIC Score <700 | 10.00% | ||
| * PROFESSIONAL & SELF EMPLOYED | |||
| Rate of Interest w.e.f 04/08/25 | |||
| [ 7 ] DOCTORs / MEDICAL INSTITUTE / Hospitals | PRIORITY | NON PRIORITY | |
| Secured Advances Below Rs.1/- Crore | 9.30% | 9.40% | |
| Secured Advances Rs.1/- Crore & Below Rs.3/- Crore | 9.30% | 9.40% | |
| Secured Advances Rs.3/- Crore & Below Rs.5/- Crore | 9.20% | 9.30% | |
| Secured Advances Rs.5/- Crore & Below Rs.7.50/- Crore | 8.90% | 9.00% | |
| Secured Advances Rs.7.50/- Crore & above | 8.65% | 8.75% | |
| * TRADE AND INDUSTRIES - MSME | |||
| [ 8 ] BUSINESS FINANCE | PRIORITY | NON PRIORITY | |
| [ a ] Below Rs.1/- Crore - 100% Security required - Business Booster ] | 9.00% | 9.10% | |
| [ b ] Below Rs.50/- Lacs - Less than 100% Security ] | 10.75% | 10.85% | |
| [ c ] Rs.50 Lakhs & Above - ON THE BASIS OF RATING | PRIORITY | NON PRIORITY | |
| 1. For Total Limit/Loans from Rs.50 Lakhs & below Rs.3 crore | As per rating | As per rating | |
| Having Credit Rating A++ customer | 9.10% | 9.20% | |
| Having Credit Rating A+ customer | 9.85% | 9.95% | |
| Having Credit Rating A customer | 10.15% | 10.25% | |
| Having Credit Rating B customer | 10.85% | 10.95% | |
| Having Credit Rating C customer | 11.35% | 11.45% | |
| Having Credit Rating D customer | 11.60% | 11.70% | |
| Having Credit Rating E customer | 12.10% | 12.20% | |
| 2. For Total Limit/Loans from Rs.3 Crore & above | As per rating | As per rating | |
| Having Credit Rating A++ customer | 8.90% | 9.00% | |
| Having Credit Rating A+ customer | 9.40% | 9.50% | |
| Having Credit Rating A customer | 9.65% | 9.75% | |
| Having Credit Rating B customer | 10.15% | 10.25% | |
| Having Credit Rating C customer | 10.90% | 11.00% | |
| Having Credit Rating D customer | 11.15% | 11.25% | |
| Having Credit Rating E customer | 11.90% | 12.00% | |
| [ 9 ] WCDL COVID 19 CLEAN LOAN (Fixed Rate) | 10.65% | ||
| [ 10 ] ECLGS -[Repo Link] | 8.35% | ||
| [ 11 ] D A BILLS DISCOUNTING (Under L/C) Upto 364 Days | 8.00% | ||
| [ 12 ] CGTMSE SCHEME. | |||
| [ a ] For Total Limit/Loans from upto 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% | ||
| [ b ] 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% | ||
| [ 13 ] Nutan Udhyog Sahayak Scheme. | |||
| [ a ] Sec.Overdraft Limit | 9.30% | ||
| [ b ] Sec.Loan Agst.Property/Other Security. | 9.30% | ||
| [ c ] Sec.Loan Agst.Machinery/Equipment | 9.50% | ||
| [ d ] Sec.Loan Agst. Furniture & Fixture | 9.50% | ||
| [ e ] C.C.Agst.Stock-Scheme-1 | 10.00% | ||
| [ f ] C.C.Agst.Stock-Scheme-2 | 10.50% | ||
| [ g ] C.C.Agst.Book Debts-Scheme-1 | 10.00% | ||
| [ h ] C.C.Agst.Book Debts-Scheme-2 | 10.50% | ||
| [ I ] C.C.Stock &/Or Bookdebt-Scheme-1 | 10.00% | ||
| [ j ] C.C.Stock &/Or Bookdebt-Scheme-2 | 10.50% | ||
| [ 14 ] LOAN / O/D. AGST. EQ.MORT. OF PROPERTY, RENT DISCOUNTING [ CRE - Other than Business Purpose]. | 12.75% | ||
| [15] LOAN /OD AGST. SOLAR POWER SYSTEM | |||
| [ a ] Loan to purchase solar roof top power system domestic/commercial | 10.00% | ||
| [ b ] Finance Against Solar Plant ( For Captive use) | |||
| Rating A++ | 8.50% | ||
| Rating A+ | 8.75% | ||
| Rating A | 9.00% | ||
| [ c ] Finance Against Solar roof top ( For Captive use) to Trade & Industries | |||
| For existing borrower enjoying Exposure of more than Rs 50 Lakhs. | Interest Rate will be same as applicable to existing term loan/Limit. | ||
| [16 ] Furniture & Fixture Loan for Resident House. | |||
| [ a ] Floating Rate | |||
| CIC Score >=700 | 10.25% | ||
| CIC Score <700 | 10.50% | ||
| [ b ] Fixed Rate | |||
| CIC Score >=700 | 10.75% | ||
| CIC Score <700 | 11.00% | ||
| [ 17 ] MICRO CREDIT - Weaker Section [ Max. Rs.50000/- ] | 11.00% | ||
| [ 18 ] Commercial Passenger Vehicle Loan Scheme | |||
| Loan Below Rs 3/- Crore | 9.25% | ||
| Loan Rs 3/- Crore & Above | 8.80% | ||
| [ 19 ] Commercial Equipment/ Commercial Vehicle (For Infrastructure Projects) | |||
| Rating A++ | 9.75% | ||
| Rating A+ | 10.00% | ||
| Rating A | 10.25% | ||
| * OTHER FINANCE | |||
| [ 20 ] AGAINST APPROVED LTD. CO.'S DEMAT SHARE - [ Max. Rs.10 Lacs ] | 10.00% | ||
| [ 21 ] GOVT. SECURITY | |||
| Against N S C / K V P / Relief Bond (Govt.Securities) | 8.75% | ||
| Against L.I.C. Policy | 8.75% | ||
| [22] 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 | ||
| [23] LOAN /OD AGST. BANK FDR - OWN FDR/ THIRD PARTY FDR over rate (w.e.f 01/02/2025) | 1) Limit Below Rs 5.00 Crore :- FDR Rate+1% 2) Limit Rs 5.00 Crore & Above :- FDR Rate+0.75% |
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| 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. | |||
| General Terms (Applicable to Housing & Car Loan for repo linked scheme):- 1)From 28/07/2025 all new borrowers in floating rate scheme for housing loan and car loan will fall under Repo Linked Scheme. 2) In case of Loans in joint name of individuals , CIBIL Score of first Applicant should be considered for arriving ROI. |
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