|
Sr.No. |
Type of loan & Margin |
Product Code |
Period |
Maximum loan limit |
Old Interest rates |
New Interest rates from Dt.01.05.2020 |
Working capital Loan( Cash Credit Limit) |
||||||
|
1 |
Cash credit professional working capital (Mortgage/real estate Loan) |
505 |
36 months |
Rs. 60.00 Lac |
11.00% |
11.00% |
|
2 |
Professional loan (for Doctors, CA, Engineer (working capital) |
505 |
36 months |
Rs. 5.00 Lac |
12.00% |
12.00% |
|
3 |
Cash Credit Hypothecation Margin 30% |
502 |
36 months |
Rs. 180.00 Lac |
|
|
|
Upto Rs. 50.00 Lac |
14.00% |
13.00% |
||||
|
Above Rs. 50.00 Lac and below Rs. 60.00 Lac |
13.50% |
12.00% |
||||
|
For Rs. 60.00 Lac and Above it(Under the rules and norms of credit rating and skipping rebate scheme |
12.00% |
11.25% |
||||
|
4 |
Retail Hypothecation margin 50% |
714 |
36 months |
Rs. 4.00 Lac |
14.50 % |
14.50% |
|
5 |
Cash Credit Traders Loan to Traders Working Capital Margin for Immovable Properties 40% |
504 |
36 months |
Rs. 180.00 Lac |
|
|
|
Upto Rs. 15.00 Lac |
15.00% |
13.50% |
||||
|
Above Rs. 15.00 Lac and upto Rs. 50.00 Lac |
15.00% |
12.50% |
||||
|
Above Rs. 50.00 Lac and upto Rs. 60.00 Lac |
14.50% |
12.50% |
||||
|
Rs. 60.00 Lac and above it (Under the rules and norms of credit rating and skipping rebate scheme) |
12.00% |
11.50% |
||||
|
6 |
Cash Credit Secured |
501 |
36 months |
Rs. 200.00 Lac |
17.00% |
17.00% |
|
7 |
Pledge of goods Pledge godown limit margin 30% to 40% |
720 |
12 months |
Rs. 180.00 Lac |
10.50% |
10.50% |
|
8 |
Cash Credit Clean |
500 |
36 months |
Rs. 00.50 Lac |
17.00% |
17.00% |
9 |
A) Loan against Term Deposit
B) For cooperative organisations Margin 15%
|
722/719 |
Minimum 1 year or proportionate to maturity date |
Margin 15% |
For loan upto Rs.10.00 Lac, 1.50 % more interest rate as compared to term deposit
For loan upto Rs.10.00 Lac, 1.50 % more interest rate as compared to term deposit |
For loan upto Rs.10.00 Lac, 1.50 % more interest rate as compared to term deposit
1.00 % more interest rate as compared to term deposit
|
|
Note: For slab-wise Interest application on the loan against deposit, observe and implement according to separately attached manual with HO manual no. I.C./2016-17/Planning & development 02/04 dated:16.04.2016 |
||||||
Term Loan |
||||||
|
10 |
Secu. Cash Credit (EMI) |
713 |
60 months |
17.00% |
17.00% |
|
|
11 |
Housing Loan New/ Resale Purchase margin 15% to 25% |
705 |
240 months |
Rs. 50.00 Lac |
12.00% |
9.50% |
|
12 |
Housing Loan for Repair renovate Margin on Home repair renovate 15% to 25% |
729 |
240 months |
Rs. 30.00 Lac |
15.50% |
15.50% |
|
13 |
Loan to traders term loan margin 15% |
715 |
36 to 120 months |
Rs. 200.00 Lac |
|
|
|
Upto Rs. 200.00 Lac |
15.25% |
15.25% |
||||
|
Above Rs. 25.00 and upto Rs. 50.00 Lac |
15.00% |
15.00% |
||||
|
Rs. 50.00 Lac and upto Rs.60.00 Lac Upto Rs.60.00 Lac |
14.75% |
14.75% |
||||
|
Rs.60.00 Lac and above Rs. 60.00 Lac and above it (Under the rules and norms of credit rating and skipping rebate scheme) |
12.00% |
12.00% |
||||
|
14 |
Loan against commercial real estate margin- 40% |
733 |
20 months |
Rs. 200.00 Lac |
15.50 % |
15.50 % |
|
15 |
Grain safety term loan margin 20% |
734 |
15 months |
Rs. 200.00 Lac |
|
|
|
|
|
Upto Rs. 60.00 Lac |
13.00 % |
13.00 % |
||
|
|
|
Rs. 60.00 Lac and above Rs. 60.00 Lac(Under the rules and norms of credit rating and skipping rebate scheme) |
12.00% |
12.00% |
||
|
16 |
Term Loan/ G.R.loan |
701 |
Rs. 5.00 Lac |
Rs. 5.00 Lac |
|
|
|
Rs. 2.00 Lac |
16.00 % |
16.00 % |
||||
|
Term Loan/ G.R.loan |
701 |
60 months |
Above Rs. 2.00 Lac and upto Rs. 2.00 Lac |
16.00 % |
16.00 % |
|
|
Salary earner Group Guarantee Loan |
728 |
60 months |
Rs. 5.00 Lac |
16.00 % |
11.00 % |
|
Vehicle Loan |
||||||
|
17 |
|
703 |
36 months |
Rs. 1.00 Lac |
13.00 % |
13.00 % |
|
A) Vehicle Loan for 3 & 4 wheelers
B) 3&4 wheelers margin 25% to 40% |
704 |
36-60 months |
Rs. 15.00 Lac (Personal) |
15.00 % |
15.00 % |
|
|
Rs. 15.00 Lac for each vehicle(Professional) |
15.00 % |
15.00 % |
||||
|
Festival 4 wheeler loan C)Festival 4 wheeler loan Scheme |
727 |
60 months |
Rs. 20.00 Lac (Personal) |
9.50 % |
9.50 % |
|
|
60-84 months |
Rs.250.00 Lac |
10.50 % |
9.50 % | |||
|
18 |
E Vehical loan for 2 & 3/4 wheelers A. 2 wheelers margin 50%
3 & 4 wheelers margin 30% |
741 |
36 Months |
|
|
|
|
Sr.No. |
Type of loan & Margin |
Product Code |
Period |
Maximum loan limit |
Old Interest rates |
New Interest rates from Dt.13.11.2017 |
|
19 |
Professional loan (EMI) Professional loan Doctor (Term loan) |
721 |
60 months |
Rs. 200.00 Lac |
|
|
|
|
|
|
|
Upto Rs. 60.00 Lac |
13.00 % |
13.00 % |
|
Rs. 60.00 Lac and above Rs. 60.00 Lac(Under the rules and norms of credit rating and skipping rebate scheme) |
12.00 % |
12.00 % |
||||
|
20 |
Consumer durable loan margin 25% to 40% |
706 |
36-60 months |
Rs. 1.00 Lac |
16.50 % |
16.50 % |
|
21 |
Term Loan- Plant & Machinery margin 25% to 40% |
716 |
36-60 months |
Rs. 250.00 Lac |
|
|
|
Below Rs. 60.00 Lac |
13.00 % |
13.00 % |
||||
|
Rs. 60.00 Lac and above Rs. 60.00 Lac(Under the rules and norms of credit rating and skipping rebate scheme) |
13.00 % |
12.00 % |
||||
|
22 |
Industrial Loan margin 25% to 40% |
723 |
36-60 months |
Rs. 250.00 Lac |
|
|
|
|
|
|
|
Below Rs. 60.00 Lac |
15.50 % |
13.00 % |
|
|
|
|
|
Rs. 60.00 Lac and above Rs. 60.00 Lac(Under the rules and norms of credit rating and skipping rebate scheme) |
15.50 % |
12.00 % |
|
23 |
Loan Immovable property Margin 50% |
711 |
84 months |
Rs. 15.00 Lac |
|
|
|
Upto Rs. 5.00 Lac |
17.00 % |
17.00 % |
||||
|
Above Rs. 5.00 Lac |
16.00 % |
16.00 % |
||||
|
24 |
Education Loan |
708 |
84 months |
For education in India upto Rs. 10.00 Lac |
14.00 % |
14.00 %
|
|
For education out of India Rs.20.00 Lac |
||||||
|
25 |
Term loan- Consumption loan |
702 |
36 months |
Rs.00.50 Lac |
17.00 % |
17.00 % |
|
26 |
General gold loan (General gold loan)upto 60% |
736 - upto 2 Lacs |
12 months |
Upto Rs. 200.00 Lac Yearly Loan repayment |
12.00 %
|
9.50 % |
|
Premium gold loan (Premium gold loan)upto 60% |
736 - above 2 Lacs |
12 months |
Above Rs.2.00 Lac upto 10 Lacs Monthly loan repayment/3 months/in 6 months |
12.00 % |
9.50 % |
|
|
Agricultural gold loanupto 60% |
735 |
12 months |
Maximum loan limit upto Rs. 2.00 Lacs loan repayment on yearly basis A) Maximum loan limit above Rs. 2.00 Lacs upto 10.00 lacs loan repayment on monthly/3 months/6 months yearly basis |
12.00 % |
9.50 % |
|
|
27 |
Term loan- warehouse(upto 60%) |
718 |
6 months |
Rs. 25.00 Lac |
12.00 % |
12.00 % |
|
Term loan- warehouse(upto 61%-75%) |
718 |
6 months |
Rs. 25.00 Lac |
13.00 % |
13.00 % |
|
|
28 |
Loan against LIC Loan Ag. Gov Sec. NSC/LIC Margin 25% |
724 |
3 years (according to insurance and period of deposits)
|
A) Policy surrender value B) Govt. Security Bond on these both Margin 25%
|
13.00 % |
13.00 % |
|
29 |
Loan against other deposit L A D RD margin 30% |
722 |
6 months |
Keeping margin 30% on Deposited value of DRD |
12.00 % |
12.00 % |
|
30 |
Term loan to self help groups(for females) (¼SELF HELP GROUP) |
732 |
12-24 months |
Rs. 10.00 Lac |
18.00 % |
18.00 % |
|
Upto Rs. 10.00 Lac(for groups) |
||||||
|
Rs. 50,000.00 (Personal) |
||||||
|
31 |
Shop purchase and Construction loan Shop Purchase special Scheme |
738 |
3 - 10 years |
Rs. 15.00 Lac |
12.00 % |
10.00 % |
|
32 |
Agriculture Loan(finance to agriculturist Loan) Margin 20% |
742 |
7 years |
Rs. 15.00 Lac |
----------- |
14.00% |
|
33 |
Solar System Margin 20% |
739 |
84 Months |
Rs. 10.00 Lac |
13.00 % |
13.00 % |
|
Sr.No. |
Type of loan & Margin |
Product Code |
Period |
Maximum loan limit |
Old Interest rates |
New Interest rates from Dt.13.11.2017 |
Staff Loan (for Employees) |
||||||
|
34 |
Staff Loan
|
708
|
84 months |
Rs. 1.00 Lac (According to post) |
|
|
|
Rs. 1.00 Lac for CEO, D.G.O & A.G.O |
10.50 % |
10.50 % |
||||
|
Rs. 1.00 Lac for Senior officers |
10.50 % |
10.50 % |
||||
|
Rs. 1.00 Lac for Junior officers |
10.50 % |
10.50 % |
||||
|
Rs. 50,000/- for Clerk |
10.50 % |
10.50 % |
||||
|
Rs. 50,000/- for Peon |
10.50 % |
10.50 % |
||||
|
35 |
Staff Housing Loan
|
710 |
240 months |
Rs. 30.00 Lac
|
7.50% (for 1st time) 8.50% (for 2nd time) |
7.50% (for 1st time) 8.50 %(for 2nd time) |
|
36 |
LAIP Margin 40% |
730 |
60 months |
Rs. 7.00 Lac(Accor. to post) |
11.00 % |
11.00 % |
|
Rs. 7.00 Lac for CEO, D.G.O & A.G.O |
11.00 % |
11.00 % |
||||
|
Rs. 7.00 Lac for Senior officers |
11.00 % |
11.00 % |
||||
|
Rs. 5.00 Lac for Junior officers |
11.00 % |
11.00 % |
||||
|
Rs. 4.00 Lac for Clerk |
11.00 % |
11.00 % |
||||
|
Rs. 3.00 Lacfor Peon |
11.00 % |
11.00 % |
||||
|
37 |
Staff Vehicle Loan/C.D(Two Wheeler) margin20% |
703 |
60 months |
Vehicle/ keeping margin of 20% on price of Electronics goods |
10.00 % |
10.00 % |
|
Vehicle Loan (4 Wheeler) Margin 20% |
727 |
84 months |
Keeping margin of 20% on the price of vehicle |
10.00 % |
10.00 %
|
|
|
38 |
Gold Margin 25% |
736 |
12 months |
Rs. 6.00 Lac(Accor. to post) |
|
|
|
Rs. 6.00 Lac for CEO, D.G.O & A.G.O |
10.00 % |
10.00 % |
||||
|
Rs. 6.00 Lac for Senior officers |
10.00 % |
10.00 % |
||||
|
Rs. 6.00 Lac for Junior officers |
10.00 % |
10.00 % |
||||
|
Rs. 4.00 Lacfor Clerk |
10.00 % |
10.00 % |
||||
|
Rs. 2.00 Lacfor Peon |
10.00 % |
10.00 % |
||||
|
39 |
NSC/LIC margin 15% |
724 |
12 monthss |
Rs. 6.00 Lac(Accor. to post) |
|
|
|
Rs. 6.00 Lac for CEO, D.G.O & A.G.O |
10.00 % |
10.00 % |
||||
|
Rs. 6.00 Lac for Senior officers |
10.00 % |
10.00 % |
||||
|
Rs. 6.00 Lac for Junior officers |
10.00 % |
10.00 % |
||||
|
Rs. 4.00 Lac for Clerk |
10.00 % |
10.00 % |
||||
|
Rs. 2.00 Lac for Peon |
10.00 % |
10.00 % |
||||