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Loan Interest Rates

w.e.f 01-05-2024

1 Type pf loan / advances 01.05.2024
1 Jat Jamin Loan 12.00
2 Cash Credit Hypo (upto Rs. 1.00 Crore) 9.75
3 Cash Credit Hypo (Over Rs. 1.00 Crore) 9.50
4 Overdraft (Against immovable property) -
upto Rs. 1.00 Crore 10.75
over Rs. 1.00 Crore 10.50
5 Housing Loan –(upto 1.40 crore) -
upto Rs. 25.00 Lakhs 8.75
Upto Rs. 1.00 Crore 9.00
Over Rs. 1.00 Crore upto 140.00 lakhs 9.50
6 Vehicle Loan
Individual Upto Rs. 50 lakhs
Commercial
8.75
9.50
7 Term Loan- Against immovable property upto Rs. 25 lakhs (Mortgage Loan) 9.75
upto Rs. 1.00 Crore 10.25
Over Rs. 1.00 Crore 10.00
10 Term Loan- against Hypo of Plant Machinery / equipment 10.00
11 Advance to Medical Practitioners (against Property and Equipments) 9.50
12 Education Loan (Domestic) 9.00
13 Loan against LIC/NSC 10.00
14 Loan against Bank's Deposit to depositors 1.00 Over deposit rate
15 Loan against Bank's Deposit to third party 1.50 Over deposit rate