Advance Rate

Nature of Advances Rates Of Interest
1) Education Loan
  • During the course of education
9.00%
  • After completion of course
11.00 %
Maximum Ceiling
  • In India – Rs.10 Lacs
  • Abroad – Rs.20 Lacs

2) Loan against N.S.C / K.V.P /L.IC Policies 10.00%

3) Gold Loan 10.00%
  • General Loan Rs.2.00 Lacs
  • Agri.Gold Loan Rs.10.00 Lacs

4) Vehicle Loan (Four Wheelers) Maximum Period 48 Month of which
  • Up to 24 Mounths
10.00%
  • Above 24 Months but up to 48 Months
11.00%

5) Vehicle Loan (Two Wheelers) 13.00%

6) Commercial Vehicle 13.00%

7) Housing Loan :
Maximum period 20 Years of Which
  • Up to 5 Years
9.95 %
  • Above 5 years but up to 10 Years
10.95 %
  • Above 10 Years
12.00 %

8) Other Loan :
Fixed Assets Loan ,C/C Hypothecation
A) C/C Hypothecation up to 31/03/2018
10.50 %
B) FL Maximum Period 10 Years of which
  • Up to 5 Years
10.50 %
  • Above 5 years but up to 7 Years
11.00 %
  • Above 7 Years
12.00 %

9) Real Estate Finance
A) C/C Hypothecation
12.00 %
B) FL Maximum Period 5 Years of which
  • Up to 3 Years
12.00 %
  • Above 3 years but up to 4 Years
13.00 %
  • Above 4 Years but up to 5 Years
14.00 %

10)
A) Loan / Overdraft Against Banks own FDR
1.00 %
B) Overdraft with minimum 25% utilization of sanction limit
0.50 %

11) Clean Demand Loan( C/C to Share Hodlder of the Bank) Maximum Limit Rs.50,000=00 of which
  • Limit Up to Rs.25,000/=
11.00 %
  • Limit above Rs.25,000/=
12.00 %

12) Special Scheme For Doctors 10.50%

13) Sarvodaya Swarojgar Dhiran Yojana (JLG) 10.00%