Loans & Advances

CONTACT THE BRANCH MANAGER FOR CHANGE IN EMI OR SUITABLY EXTENDING THE REPAYMENT PERIOD DUE TO CHANGE IN INTEREST RATES ON ADVANCES.

Sr.No.

Type of Loan

Interest Rate

1.

Housing Loan
i) House/Flat Purchase & Construction

10.50% -Women and 10.75%-Others

ii) House Repairing & Expansion

11.50%

 2.

Gold Loan

11.00%

 3.

Vehicle Loan
i) Personal Use
- 3 Years
- 5 Years

10.00%
10.00%

ii) Commercial Use (Business)
- 5 Years
- 6 Years

10.00%
10.00%

4.

Salary Loan
i) Employer Guarantee

12.50%

ii) Other
(If Employee pay Installment to the bank by own)

13.00%

5.

Hypothecation Loan (Term Loan)
1) Builders, Developers, Building Contractors

14.00%

2) Others

12.00%

6.

Cash Credit Loan
1) Builders, Developers, Building Contractors

14.00%

2) Others

12.00%

7.

T.O.D.

15.00%

8.

Bills Discounting

15.00%

9.

N.S.S. Loan/Kisan Vikas Patra

11.50%

10.

Pigmy Loan

11.50%

11.

Mortgage Loan
1) Builders, Developers, Building Contractors

14.00%

2) Others

12.00%

12.

Overdraft Against Term Deposit

1.50% more than Term Deposit

CONSORTIUM ADVANCES: All loans under Consortium Arrangement will attract interest as per Consortium decision from time to time

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