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Friday, 27-Nov-2015  06:28:19 AM
Loan Rate Of Interest - Retail Loans
Types of facilities  Present Rate of Interest (per annum) (Floating ROI apply)
 (Interest Rate is Linked to PLR (Prime Lending Rate))

Prime Lending Rate (PLR)

Personal/ Surety Loan

i) With 50% or more collateral securities upto Rs.5.00 lakh.

ii) Without collateral or less than 50% collateral securities upto Rs.5.00 lakh.

                                           :         13.50%



                                           :         14.00%


                                           :         14.50%

Salary CC for salary earners

                                           :          15.00%

 Housing Loan sanctioned on after 01.09.2014 or already sanctioned of which first disbursement is made on or after 01.09.2014

a)Loans sactioned upto & including Rs.25.00Lakh 

b) Loans sactioned above Rs.25.00 Lakh and  upto & including Rs.50.00 Lakh

c)Loans sactioned above Rs.50.00 Lakh and upto and including Rs.70.00 Lakh

Housing Loan  sanctioned & disbursed during the period from 01.07.2005 to 30.06.2006.

I) SDL/ECS (other than from Proprietary & Partnership Firms.

ii) All other Housing Loans






                                            :       10.25%                                       


                                            :       11.00 %


                                            :      12.00%                          






                                           :         8.00%(Fixed)


                                           :         9.00%(Fixed)

Housing Loans Sanctioned/disbursed on or before 06.03.2012

a) Loans sanctioned upto and including Rs.15.00 Lakh

b) Loans sanctioned above Rs.15.00 Lakh and upto & including Rs.25.00 Lakh

c) Loans sanctioned above Rs.25.00 Lakh and upto & including  Rs.70.00 Lakh.




                                            :         11.00%(Floating)


                                           :        11.50%(Floating)


                                            :         12.50%(Floating)

Housing Loans disbursed during the period 05.02.2014 to 30.06.2014

a) Loans sanctiond upto and including Rs.25.00 Lakh.

b) Loans sanctioned above Rs.25.00 Lakh and including Rs.50.00 Lakh

 c) Loans sanctioned above Rs.50.00 Lakh and upto Rs.70.00 Lakh.






 w.e.f  01.07.2014







Housing Loan sanctioned on or after 01.07.2014 or already sanctioned of which first disbursement is made on or after 01.07.2014

a) Loans sanctioned upto and including Rs.25.00 lakh

b) Loans sanctioned above  Rs.25.00Lakh and upto and including Rs.50.00 lakh.

c)Loans sanctioned above Rs.50.00 lakh and upto and including Rs.70.00 Lakh.













Education Loan for higher education in India & Abroad

For Boys Student :
Loan upto Rs. 10.00 Lakh : 13.00%
Loan above Rs.10.00 Lakh : 14.00%

For Girls Students :
Loan upto Rs.10.00 Lakh  : 12.50%
Loan above Rs.10.00 Lakh : 13.50%
Education Loan for Vocational Courses
For Boys Students  : 13.00%
For Girl Students   : 12.50%
Loan against pledge of Gold Ornaments (EGLLN/BGLLN)

 The rate of interest of all types of Gold Loans including SOD against Pledge of gold ornaments would be PLR-1.5% ie.12% w.e.f 01.07.2015 subject to 1 % penal interest on entire outstanding Loan amount from the date the account becomes NPA till it is fully regularised/closed. The rate of interest @12% p.a. on daily reducing balance would be applicable to all gold loans & SOD against gold ornaments sanctioned and disbursed on or after 01.07.2015 only.


SOD against Gold ornaments.
Loan/ SOD against Govt. Securities                                                                                            13.00%
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