Loan Interest Rates

w.e.f. 01/04/2017

Loan Type Rates
Cash Credit against Stock, book debts / bills limit as per present credit Rating.
(a) Up to 5.0 lac
(b) limit above 5.00 lac

10.50%
10.00% to 11.50%
Credit Rating
(1) 75% and above
(2) 50% to less than 75%
(3) Less than 50%

For (1) & (2)
Less: (i) 0.25% if collarteral security is 50% or more of the Limit.
(ii) 0.50% if collarteral security is 100% or more of the Limit.

10.00%
10.75%
11.50%
Clean Cash/Credit/Personal Loan 15.00% *
Advance against Shares 10.50% (No Rebate)
Advances against Government Securities above 100 lacs
Up to 100 lacs (If quarterly utilization is 70% or more)
9.75% (No Rebat)
11.50%
Education Loan 10.00%
Housing Loan (Above Rs.25 lacs)
(Upto Rs.25 lacs)
9.50 %
9.00%
Two Wheeler Loan 12.00%
Four Wheeler Loan 8.25% (20 lac and above) 
8.50% (less then 20 lacs) 
10.50% (Used Vehicle)
CNG Rikshaw Loan 13.50%
Eco-Friendly Vehicle Loan 13.50%
Commercial Vehicle Loan 11.50% (Taxi & other transport vehicles)
10.00% (Passenger vehicle 10 seater & more)
All Commercial Purpose Loan (except Car,Scooter) to legal entities i.e. Partnership firms, LLP, Pvt. Ltd/Ltd., Compnies(Other then individual/prorietory concern)having audited accounts) Based on Credit Ratings 9.25% to 9.75%
Cash Credit Property 12.00%
Rebate @ 2.00% pa. if utilization is 60% or more
Loan – property 11.00%
All other secured loan (Plant & Machinery) To induviduals & others who do not have audited accounts & donot fall within credit rating criteria. 11.00%
Loan to Professionals (only for equipments only) (Doctor,C.A, Advocate, Para-Medicals including Pathology Laboratory) 10.00%
Micro credit (weaker section) max.0.50 lac 11.00%
Bill Discounting under L/C 10.50%