Rates & Charges
Loans Interest Rates
Latest Updation / Modification as on 16/01/2021
| SCHEME | PERIOD | INTEREST RATE |
|---|---|---|
| ORDINARY GOLD LOAN | 3 Months | 10.50% |
| EASY GOLD LOAN | 45 Days | 8.90% |
| SPECIAL GOLD LOAN | 6 Months | 10.50 % |
| BULLET GOLD LOAN | 12 Months | 11.50 % |
| OTHER LOAN PRODUCTS: | Interest Rate | Effective Rate |
|---|---|---|
| Housing Loan – HL | 12.40% | 11.65% |
| Employees Secured Loan – ESL | 13.25 % | 12.45 % |
| Education Loan | 13.75 % | 12.92 % |
| Merchants’ Loan | 15.00 % | 14.10 % |
| Vehicle Loan on Fixed Deposit | 11.50% | 10.81% |
| Vehicle Loan on Other Securities | 13.00% | 12.22 % |
| Pensioners Loan | 13.00% | 12.22% |
| UNSECURED LOAN – UMT | Interest Rate | Effective Rate |
|---|---|---|
| a. Unsecured Loan M.T (Upto Rs.30,000/-) | 15.50 % | 13.95 % |
| SECURED MEDIUM TERM LOANS ( PROPERTY LOANS ) - SMT, DST AND SLT | Interest Rate | Effective Rate |
|---|---|---|
| a. Amount Upto and inclusive of 6-Lakh --- 60 Months Max. | 11.60% | 10.9% |
| b. Amount Upto and inclusive of 6-Crore -- 120 Months Max. | 13.30% | 12.50% |
| CASH CREDIT (OERDRAFT) – CC / OD | Interest Rate | Effective Rate |
|---|---|---|
| a. Cash Credit Upto and Inclusive of Rs.25,00,000/- | --- | 12.90 % |
| b. Cash Credit Rs.25,00,001/- and above | --- | 12.00 % |
