Loan Interest Rates (w.e.f ) 01-01-2023
| PRODUCTS | INTEREST RATE |
| Home loan | 8.00% |
| VEHICAL LOAN (i) Two Wheelers (ii) Four Wheelers |
(i) 10.00 % (ii) 8.00% |
| National Saving Certificate/ Govt Security (Term loan) | 10 % |
| Higher Education (in India & Abroad) | 10 % |
| Against Warehouse receipt
1 crore above |
10 %
9.50% |
| For Business purpose C.C. Limit — | 8.00 % |
| On own fix property – mortgage limit/Overdraft/term loan | 9 % |
| On One/Two/Three Simple Guarantor | 12 % |
| Against F.D.R. (Including third party) | 1% more than interest paid |
For Loan related documents click here.
Note –
- Revised interest rates will be applicable on new/renewed loans from 01-01-2023.
- For Woman applicants of business loans, interest rates will be 1% less on existing rates.
- In case of Overdue loans 2% extra penalty interest will be charge by bank on existing interest rates.
- For bank employees all the loans will be available on 9.00% rates.