Loan Interest Rates

 

    

LOAN INTEREST RATE EFFECT FROM 02/03/2021  

       
Sr.No. Loan Head Old Int.Rate 03/12/2020 New Int.Rate 02/03/2021
       
1 Cash Credit for Gold Loan 10.00% 10.00%
2 Gold Loan for Agriculture 8.50% 8.50%
3 Pledge of Goods 13.00% 13.00%
4 Hypo on Vehicle - Two wheeler/Car (Agriculture Tractor) 3 - 4 9.50% 9.50%
5 Hypo on Vehicle -  For Business (JCB/Tipp./Crane/Tractor) 12.00% 12.00%
6 Plant & Machinery 13.00% 13.00%
7 Plant & Machinery (Solar System 12.00%) 12.00% 12.00%
8 Hypo on Goods Up to Rs. 1.00 Crore 12.00% 12.00%
9 Hypo on Goods Above  Rs. 1.00 Crore to Rs.3.00 Crore 11.00% 11.00%
10 Hypo on Goods Above Rs. 3.00  Crore to 4.50 Crore  10.00% 10.00%
11 Gold & Silver 9.00% 9.00%
12 Weeker Loan 13.00% 13.00%
13 Construction Loan 14.00% 13.00%
14 Industrial Loan 14.00% 14.00%
15 Loan Ag. Deposit +1.00% (FDR Int.) +1.00% (FDR Int.)
16 Loan Against Deposit Third Party Loan 11% (Third Party FDR) 11% (Third Party FDR)
17 Gold Term Loan 9.50% 9.50%
18 Mahila Swyam Rojgar Loan 18.00% 18.00%
19 Cash Credit 14.00% 14.00%
20 LPS Loan 14.00% 14.00%
21 House Construction Loan  10.50% 9.75%
22 Loan Against Salary 11.95% 11.95%
23 Secu. Cash Credit : Up to Rs. 1.00 Crore 12.00% 12.00%
24 Secu. Cash Credit : Above Rs.1.00 Crore to Rs. 3.00 Crore 11.00% 11.00%
25 Secu. Cash Credit  Above Rs. 3.00  Crore to 4.50 Crore 10.00% 10.00%
26 Hire Purchase Loan 13.00% 13.00%
27 Advance Under Govt. Secu. (Cotton Cheqs.) 12.00% 12.00%
28 Consortium (Joint) Working Capital Loan 12to16% 12to16%
29 Building Mort.Loan 13.50% 11.00%
30 Swapna Purti Loan 18.00% 18.00%
31 Advance Under Govt. Securities 13.00% 13.00%
32 Advance Under J.K. Recurring 14.00% 14.00%
33 Advance Under Owner Rent 14.50% 14.50%