Loans Intrest Rates

Loans Intrest Rates Loan -Rate of Interest on Loans & Advances [with effect from 01-07-2013]
Sr.NoParticularsRate of InterestNote
1Savali Gruha Karza Yojana12.00%2
2Dhanvantari Karza Yojana13.00% -
3Suhana Safar Karza Yojana12.00%-
4Cold Storage, Wear House Receipt Loan (for farmers) 12.50%-
5Gold & Silver Loan14.00%-
6HYCC, Mortgage, Project loan, Personal & other Term loans
Upto Rs 5 Lac
Loan Above Rs 5 Lac
15.50%
16.50%
1
7Builders Loans & Other Mortgage Loans Excluding Housing Loan 17.00%3
8Education Loan13.00%-
9Prathibha Vahan Karja Yojna12.00%-
Note
12.50% discount in Interest if Loan Installment & Interest of per month is received before 5 th day of every Months. In Case of Advance Installment the interest amt of month should be cleard before 5 th day of next Months for 2.50% discount in Interest.
2if monthly installment of this loans is not reveived befor 5th day of next month, the Bank will charge 15.50% & 16.50% as general interest rate plus 2.00% Penal interest.
31% Discount in regular Barrowers to builders loan & other mortgage loans