Interest Rates Applicable to loans
| Sr.No. | Scheme Name | Revised ROI | Credit Rating Applicable (Yes / No) |
|
|---|---|---|---|---|
| Priority | Non Priority | |||
| 1 | Housing Loan | 8.50 | 9.00 | No |
| 2 | House Loan Top up- Repair/Renovation |
9.50 | 11.50 | No |
| 3 | Vehicle Loan (Personal-Private Use) | No | ||
| (I) Four Wheeler | 8.50 | 8.50 | ||
| (II) Two Wheeler | ||||
| a) E-Vehicle | - | 10.50 | ||
| b) Elite Bikers (Sports Bike) | - | 11.00 | ||
| c) Vehicles for Student | - | 10.00 | ||
| d) Others | - | 14.50 | ||
| 4 | Commercial Vehicle Loan | 10.00 | 10.00 | Yes |
| 5 | Education Loan | No | ||
| Inland | 8.50 | 9.50 | ||
| Abroad | 9.90 | 10.90 | ||
| 6 | Educational Institution Loan | 15.00 | 15.00 | |
| 7 | Business Term Loan | Based on CIBIL | **Yes | |
| Upto Rs. 25.00 Lakhs Above Rs. 25.00 Lakhs |
With Collateral | |||
| CMR 1 to 3 | 9.50 | |||
| CMR 4 to 6 | 10.00 | |||
| CMR 7 and above | 11.00 | |||
| CMR - NA | 10.00 | |||
| Without Collateral - Upto Rs. 10.00 Lakhs | ||||
| CMR 1 to 3 | 10.50 | |||
| CMR 4 to 6 | 11.00 | |||
| CMR 7 and above | 12.00 | |||
| CMR NA | 11.00 | |||
| 8 | Cash Credit Hypothecation | Based on CIBIL | **Yes | |
| (I) With Collateral Upto Rs. 25.00 Lakhs Above Rs. 25.00 Lakhs |
With Collateral | |||
| CMR 1 to 3 | 9.50 | |||
| CMR 4 to 6 | 10.00 | |||
| CMR 7 and above | 11.00 | |||
| CMR - NA | 10.00 | |||
| (II) Without Collateral Upto Rs. 10.00 Lakhs Above Rs. 10.00 Lakhs and Upto Rs. 20.00 Lakhs |
Without Collateral (Upto Rs.10.00 Lakhs - Regular Scheme and Upto Rs. 20.00 Lakhs - Special Scheme) | |||
| CMR 1 to 3 | 10.50 | |||
| CMR 4 to 6 | 11.00 | |||
| CMR 7 and above | 12.00 | |||
| CMR - NA | 11.00 | |||
| (** In case, UDYAM Registration Certificate is not available | 2 % extra ROI (based on CMR Rank) | |||
| 8.1 | For Professionals (Doctor / Architect / CA / CS / Cost Accountant etc) – Unsecured Upto Rs. 5.00 Lakhs and Secured Loan based on the Purpose | Based on CIBIL | No | |
| For Doctors – Machinery / Equipment Purchase and other set up – Upto Rs. 35.00 Lakhs (Without Collateral) | CIBIL Score 750 and above or CMR 1 to 3 | 9.50 | ||
| CIBIL Score between 700 to 749 or CMR 4 to 6 and CMR-NA | 10.00 | |||
| CIBIL Score between 650 to 699 or CMR above 6 | 10.50 | |||
| Cash Credit – Upto 5 Lakhs | CIBIL Score between 750 and above or CMR 1 to 3 | 9.50 | ||
| CIBIL Score between 700 to 749 or CMR 4 to 6 and CMR-NA | 10.00 | |||
| CIBIL Score between 650 to 699 or CMR above 6 | 10.50 | |||
| 9 | a) Udyog Samruddhi Karj Yojana | 12.00 | 12.00 | No |
| b) Aai Paryatan Scheme | 11.00 | |||
| 10 | Rent Discounting Loan | No | ||
| Above Rs. 200.00 Lakhs | 9.50 | 9.50 | ||
| Upto Rs. 200.00 Lakhs | 10.50 | 10.50 | ||
| 11 | Term Loan against Property | Based on CIBIL | No | |
| For Business | CMR 1 to 6 | 11.00 | ||
| Other than Business (CRE) | CMR above 6 and CMR - NA | 12.00 | ||
| 12 | Loan against Gram Panchayat Sanction Property |
No | ||
| Housing Loan | 12.00 | 12.00 | ||
| Loan against Property | 12.00 | 12.00 | ||
| Business Term Loan | 12.00 | 12.00 | ||
| 13 | Cash Credit against Property (Excluding Builder Finance) |
12.00 | 12.00 | No |
| 14 | Builder Loan | 15.00 | 15.00 | No |
| 15 | Renewable Energy / Wind Mill / Solar Loan | Based on CIBIL | No | |
| Private Use | Commercial Use | |||
| Score above 750 – 10.00 | CMR 1 to 2 – 9.50 | |||
| Score between 700 to 750 – 10.50 | CMR 3 to 4 – 10.00 | |||
| Score between 600 to 700 – 11.00 | CMR 4 to 6 – 11.00 | |||
| Score below 600 – 11.50 | CMR above 6 (BOD Sanction) – 11.50 | |||
| Score is -1 – 10.50 | CMR NA – 10.00 | |||
| For Society (No CIBIL Criteria applicable) | 9.50 | |||
| 16 | Unsecured Loan (Clean Loan) | Based on CIBIL | No | |
| Repay by Salary Undertaking (at source deduction/salary credit with us / ECS) | Above 750 | 11.00 | ||
| Others (Salaried / Businessman / Self Employed) | 700 to 750 | 12.00 | ||
| 600 to 700 | 13.00 | |||
| CIBIL Score -1 | 12.50 | |||
| 17 | Gold Loan | No | ||
| Without EMI | 9.00 | 9.00 | ||
| With EMI | 9.00 | 9.00 | ||
| Cash Credit against Gold | 10.00 | 10.00 | ||
| 18 | Loan / CC against Term Deposit | No | ||
| (I) Loan against Term Deposit | ||||
| Loan amount Upto Rs. 100.00 Lakhs | 1% more than FD Rate | 1% more than FD Rate | ||
| Above Rs. 100.00 Lakhs | 0.50% more than FD Rate |
0.50% more than FD Rate |
||
| (II) CC against Term Deposit | ||||
| a) Credit Society | 0.50% more than FD Rate |
0.50% more than FD Rate |
||
| b) Others | 1.00% more than FD Rate |
1.00% more than FD Rate |
||
| (III) Loan / CC against Third Party Term Deposit |
2.00% more than FD Rate |
2.00% more than FD Rate |
||
| 19 | Loan against LIC, NSC | 9.00 | 9.00 | No |
| 20 | Consumer Durable Other | NA | 12.50 | No |
| 21 | Travel Loan | NA | 10.00 | No |
| 22 | Group Loan to Salary Earners (** Rate of Group Loan for salary earners may differ based on the sanction given by BOD) |
No | ||
| Employee | Upto 96 Months - 9.00 | Upto 96 Months - 9.00 | ||
| Above 96 Months to 120 Months – 9.49 |
Above 96 Months to 120 Months – 9.49 |
|||
| Additional Loan to Spouse | Upto 96 Months - 10.00 | Upto 96 Months - 10.00 | ||
| Above 96 Months to 120 Months – 10.49 |
Above 96 Months to 120 Months – 10.49 |
|||
| In case no undertaking from Company and Salary is credited / At source deduction | 1.00 % extra than the ROI applicable to Group Loan | |||
Additional Points -
- All above ROI are applicable on monthly rests
- Above rates will be applicable for all the new loans w.e.f. 01.06.2026
-
Concessional Rate as follows: (Any one out of the below list is applicable)
- For Girls/Women - 0.25 % less than the existing ROI for Education Loan applicable
- For Women - 0.25 % less than existing ROI for Business Term Loans (excluding Unsecured / Clean Loans)
- In case of Consumer CIBIL, Both the scores - Credit Vision and Personal Loan Score will be considered.
-
Rate of Interest based on CIBIL Score (Consumer) -
- Above 750 = Applicable Rate - 0.25%
- 601 to 749 = Applicable Rate
- In case Score is -1 (due to insufficient history) = Applicable Rate + 0.50 % p.a.
-
Rate of Interest based on CIBIL Score (Commercial) -
- CMR-1 to CMR-2 = Applicable Rate - 0.25 %
- CMR-3 to CMR-6 = Applicable Rate
- CMR-7 and Above = Applicable Rate + 1.00 %
- In case CMR Rank Not given (due to insufficient History) = Applicable Rate + 0.50 % p.a.
The rates mentioned in Point No 5 and 6 will not be applicable to
- Gold Loans – Term Loan and Cash Credit
- Fixed Deposit - Term Loan/Secured Advance and Cash Credit
- Loan against LIC/NSC
- Business Term Loan and Cash Credit Hypothecation
- Term Loan / Cash Credit to Professionals
- Term Loan against Property for Business
- Loans for Renewable Energy/Wind Mill/Solar Loans
- Unsecured Loans
- For Housing Loans if Consumer CIBIL Score is -1 = ROI = Applicable rate as per above chart (Point No.1 Housing Loan)
-
In case CIBIL Score (Consumer) is below 600, ROI will be applicable as follows
- 551 to 600 = Highest ROI applicable to the concerned scheme + 1.00%
- Below 550 = Highest ROI applicable to the concerned scheme + 2.00%
- In case of CIBIL Report where any of the loan facility is Suit filed or Written Off, proposal not to be considered. For Settled loan facilities, decision will taken by sanctioning authority on case to case basis with proper justification and documentary proofs.
- In case of real estate projects (Commercial and Housing) approved by Hon. BOD – “APF”, special rate to be considered. For Housing Loans under said project – 8.00% p.a. and for Shops – 9.50% p.a. These loans can be considered without any Guarantor (Applicable For Loans up to Rs 50.00 Lakhs Only)
- In case of overdue installments, Penal Charges will be charged for any type of loan / cash credit / overdraft as per norms
- In case of CC, if Stock Statements are not submitted within specified period penal charges will be charged as per norms
-
TOD / Short Term Loan -
- In case of TOD / Short Term Loan - regular rate of interest applicable to their Cash Credit Account + 3.00 % extra
- In case of CC / TOD / Short Term Loan extension - applicable rate of interest + 2.00 % extra
- Credit Rating will be applicable for Business Term Loans and Cash Credit Hypothecation with Sanction Amount of Rs. 50.00 Lakhs and above.
- Validity of sanction letter will be for a period of 3 months from the date of sanction letter, after that revalidation charges will be applicable as per bank norms.
- In case of second hand vehicle (four wheeler or more) for personal / business use - applicable ROI + 1.00% extra will be applicable (Max Repayment period – up to 60 Months only).
- BOD has all rights to waive / modify the ROI and all related issues. BOD has right to consider 1.00 % additional reduction in Rate of Interest.
- For Group Loan Salary Earners scheme, BOD has powers to decide ROI based on the merits of the Company under consideration.
-
In case of existing loans, if the borrower wants to take advantage of revised rate of interest, following criteria should be fulfilled (Sanctioning at Branch Level) -
- Said loan must be regular.
- Borrower should submit request application along with one time charges @ 1.00% of outstanding balance at time of application; subject to maximum Charges of Rs. 5.00 Lakhs.