Revised Rate of Interest (Floating) on Credit Facilities w.e.f. 01.07.2022 & * for specific products newly sanctioned w.e.f. 01.11.2021. Prime Lending Rate (PLR) – 11.50% p.a.
|
Sr. No
|
Types of facility
|
Rate of Interest
(%) p.a.
|
|
I
|
Surety / SDL Loans (upto Rs. 5.00 Lakh) :
ROI @12.00% in case of Surety Loans with confirmed ECS / NACH or SDL & Groups loans
|
12.50
|
|
II
|
Loan against Gold Ornaments :-
|
|
|
Bullet Gold Loan (BGLLN),Gold Loan (EGLLN) - for New Loans
|
PLR - 3.55
|
7.95
|
|
SODGLD - for New & Existing
|
PLR - 3.00
|
8.50
|
|
III
|
Secured Overdraft (SOD) & Loans against securities like NSCs / RBI Bonds / LIC / KVP.
|
10.50
|
|
IV
|
Housing Loan * w.e.f 01.12.2022
|
|
|
a) Upto Rs. 35.00 Lakh
|
8.10
|
|
b) Above Rs.35.00 Lakh and upto & including Rs. 70.00 Lakh
|
8.20
|
|
c) Above Rs.70.00 Lakh
|
9.00
|
|
V
|
Repairs & Renovation
|
|
|
a) House
|
10.50
|
|
b) Shop/Gala
|
11.00
|
|
VI
|
Education Loan including Abhyudaya Vidya Vardhini Scheme:-
|
|
|
a)Loan upto Rs.20.00 Lakh
|
|
|
For Girls Students
|
9.50
|
|
For Other Students
|
10.00
|
|
b) Loan above Rs.20.00 Lakh and maximum up to Rs. 50.00 Lakh
|
|
|
For Girls Students
|
10.00
|
|
For Other Students
|
10.50
|
|
VII
|
Vehicle Loans
|
|
|
a) All Private Four Wheeler (new and second-hand) Car Loans & two wheelers
|
8.50
|
|
b) All other Vehicle Loans / Auto Rickshaw / Taxi / School Van / Bus (New and Second hand) / Commercial Vehicle
|
9.50
|
|
c) Cash Credit Limit to Tourist Vehicle Operator firm/co.
In respect of loan for purchase of Vehicle/s by a Tourist Vehicle Operator firm/co enjoying CC facility, ROI will be applicable as ‘b’ above.
|
10.00
|
|
VIII
|
Secured loans & Cash Credit to professionals including medical practitioners
|
10.00
|
|
IX
|
a) Loan/OD against own FDR
|
1% above Deposit Rate
|
|
b) Loan /OD against Third party FDR
|
2% above Deposit Rate
|