Loans and Advances Interest Rates (w.e.f. 14th March 2023)
|
Type of Loans & Advances |
||
|
Rate of Interest |
Penal rate of Interest |
|
|
Loan against NSC/KVP/Life Insurance Policy |
10.50% |
2.00% |
|
Gold Ornaments Pledge Loan |
10.50% |
2.00% |
|
Loan against NND (Nitya Nidhi Deposits) |
8.00% |
NIL |
|
Advance against Bank's own Term Deposits (FD/CC/RD) |
Additional 2% over Bank's offer |
NIL |
|
House Building Loan |
9.25% (EMI Method) |
2.00% |
|
Mortgage Loan |
11.50% |
2.00% |
|
Cash Credit/ Overdraft Loan (Any Limit) |
12.00% |
NIL |
|
Industrial Loan |
11.50% |
2.00% |
|
Vehicle Loan |
10.00% |
2.00% |
|
Service Security Loan |
13.50% |
2.00% |
|
Ordinary Loan |
13.50% |
2.00% |