Interest on Loans

WITH EFFECT FROM 01/06/2024 INTEREST RATE ON LOAN

TYPES OF LOAN

 

SLAB OF LOAN RATE %
A Term Loan Rs. 3000/- to 50000/- 10.50%
Rs. 50001/- to 100000/- 11.00%
Rs. 100001/- to 300000/- 12.00%
Rs. 300001/- - Above 12.75%
       
B Consumer Loan   13.00%
C Consumption Loan (for marriage)   13.00%
 

D

 

House Building Loan

   
Upto 5 years 10.00%
Upto 10 years 10.50%
Upto 15 years 11.00%
       
E NSC / KVP / LIC   10.00%
F SHG   9.00%
G Cash Credit   12.00%
H Two Wheeler   11.00%
       
I Four Wheeler (personal)   11.50%
Four Wheeler (commercial)   12.25%
       
J Three Wheeler (Auto)   11.25%
K Rickshaw   10.00%