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Loan Interest Rates

 

    

LOAN INTEREST RATE EFFECT FROM 03/10/2024  

     
Sr.No. Loan Head New Int.Rate 03/10/2024
1 Cash Credit For Gold Loan Up to Rs. 2.0 Lac 11.00%
2 Cash Credit for Gold Loan Above Rs. 2.0 Lax
10.50%
3 Gold Loan for Agriculture 9.50%
4 Pledge of Goods 13.00%
5 Hypo on Vehicle - Two wheeler 12.00%
6 Hypo on Vehicle - Car  9.25%
7 Hypo on Vehicle - (Agriculture Tractor) 3 - 4 10.00%
8 Hypo on Vehicle -  For Business (JCB/Tipp./Crane/Tractor) 12.00%
9 Plant & Machinery  11.00%
10 Plant & Machinery (Solar System)  12.00%
11 Hypo on Goods Up to Rs. 2.00 Lac 13.00%
12 Hypo on Goods Above  Rs. 2.00 Lac to Rs. 1.00 Crore 11.50%
13 Hypo on Goods Above  Rs. 1.00 Crore to Rs.3.00 Crore 10.50%
14 Hypo on Goods Above Rs. 3.00  Crore to 4.50 Crore  9.85%
15 Gold & Silver 10.25%
16 Weeker Loan 13.00%
17 Construction Loan 13.50%
18 Industrial Loan 14.00%
19 Loan Ag. Deposit +2.00% (FDR Int.)
20 Loan Against Deposit Third Party Loan 11% (Third Party FDR)
21 Gold Term Loan 10.50%
22 Mahila Swyam Rojgar Loan 18.00%
23 Cash Credit 14.00%
24 LPS Loan 15.00%
25 House Construction Loan  9.80%
26 Loan Against Salary 12.50%
27 Secu. Cash Credit : Up to Rs. 1.00 Crore 11.50%
28 Secu. Cash Credit : Above Rs.1.00 Crore to Rs. 3.00 Crore 10.50%
29 Secu. Cash Credit  Above Rs. 3.00  Crore to 4.50 Crore 9.85%
30 Secu. Cash Credit  for Agr. Mfg. Unit 10.00%
31 Hire Purchase Loan 13.00%
32 Advance Under Govt. Secu. (Cotton Cheqs.) 12.00%
33 Consortium (Joint) Working Capital Loan 12to16%
34 Building Mort.Loan 12.00%
35 Swapna Purti Loan 18.00%
36 Advance Under Govt. Securities 13.00%
37 Advance Under J.K. Recurring 14.00%
38 Advance Under Owner Rent 14.50%
39 Education Loan 10.50%
40 Loan to Traders : Up to Rs. 1.00 Crore 11.50%
41 Loan to Traders : Above Rs.1.00 Crore to Rs. 3.00 Crore 10.50%
42 Loan to Traders : Above Rs. 3.00 Crore to 4.50 Crore 10.00%