Interest Rate

  1. Loan Rate of Interest

    As on 01/05/2019

    Sr.No. Particular Rate of Interest Picture
    1 Housing Loan 14% e.g.House
    2 Education Loan-Secured – Unsecured 14% – 15%
    3 Vehicle Loan ( Atmanirbhar ) 12%
    4 Hypothecation / Term Loan-

    1. a) Upto 25 lac Rs -
    2. b) Above 25 and Upto 50 lac Rs  -
    3. c) Above 50 lac Rs
     

    13%

    15%

    14%

    5 Builders & Contractors Loan 16% and 15.50%
    6 Personal / Clean Loan ( For Education Fee , Marriage and Medical Reason’s ) 15.50%
    7 Personal / Household product loan ( Other than Above Reason ) 18%
    8 Deposit Against Loan(Advance Against FD/RD, Overdraft against FD) Additional 2% on Deposit Rate
    9 Deposit Against Loan(Advance Against FD/RD, Overdraft against FD) on Third party FD Additional 2.50% on Deposit Rate
    10 Gold Loan EMI                                                Gold Loan ( Bullet ) 13%                                  10%
    11 Pigmi Loan 11%
    12 Group Clean Loan 15.50%

     

  2. Deposit Rate of Interest

    As on 17/11/2020

     

    Particulars Regular ROI Sr.Citizen ROI
    30 Days to 180 Days 4% 4%
    181 Days to 364 Days 5% 5%
    1 Year 6.50% 7% ( Only Monthly and Quarterly Deposits ) for other Deposits 6.50%
    1 Year & 1 day above 6% 6%
    Damduppat (Double) 140 Months 140 Months

     

    Savings Account ROI      –   3 %

  3.