Interest Rates

Term Loans |  Term Deposits
Rate of Interest for Loans against Security.
TYPE OF LOAN Interest
Loan against Gold 12.00%
Loan against
LIC policies / N.S.C
12.50 %
Loan against Consumer Durables
Home Appliances – Computer, TV set, Refrigerator, Washing Machine, Furniture.
15.00 %
Personal Loan (1 % Rebate) 15.00 %
Rate of Interest for Term Loans & Cash Credit.
TYPE OF LOAN Interest
Term Loan & Cash Credit for Micro, small and Medium Industry and business.
Loan against Building / Flat / Open Plot as security for Business expansion or Working capital. Term Loan Max period 84 Months
upto Rs.10,00,000/-
12.00 %
Term Loan Above Rs.10,00,000/- against fixed assets 13.00 %
Interest Rates for Term Loan and Cash Credit 25 Lacs to 2 Crore as per the credit ratings
Credit Rating term loan interest cash credit Interest
AAA 11.00 % 11.50 %
AA 11.50 % 12.00 %
A 12.00 % 12.50 %
BBB 12.25 % 12.75 %
BB 12.50 % 13.00 %
B 13.00 % 13.50 %
Interest Rates for Term Loan and Cash Credit Above 2 Crore as per the credit ratings 
Credit Rating term loan interest cash credit Interest
AAA 11.00 % 11.50 %
AA 11.25 % 11.75 %
A 11.50 % 12.00 %
BBB 11.75 % 12.25 %
BB 12.00 % 12.50 %
B 12.50 % 13.00 %
Rate of Interest for Housing Loans.
Housing loan period interest rate
Loan against Purchase of Plot (2% Rebate) Upto 7 Years 13.00 %
House Renovation / Interior / Compound etc. Upto 7 Years 14.00 %
Urban Nivara Scheme (Floating Interest rate) period Amount Interest Rate
Rural Area Upto 10 Years Upto 15 Lacs 11.50 %
Urban Area Upto 20 Years Upto 70 Lacs 10.50 %
Rate of Interest for Educational loans.
TYPE OF LOAN Interest
Personal Education Loan 11.00 %
Education Loan against Security 11.00 %
Rate of Interest for Vehicle Loan.
TYPE OF VEHICLE 36 Months 48 Months 60 Months 72 Months
Commercial Vehicle 13.00 % 13.00 % 14.00 %
Commercial Vehicle (Old) 14.00 %
Car Purchase 10.50 % 11.75 % 11.00 %
Car Purchase (old) 13.00 %
Two wheeler 14.00 % 14.00 %
Rate of Interest for Agricultural Development loans.
TYPE OF LOAN Interest
Subsidiary agriculture business 13.00 %
TYPE OF LOAN Interest
 Builders / Developers Loan (Project Loan) (36 Months) 13.50 %
Professional Loan
TYPE OF LOAN Interest
 e.g.: Docter, Chartered Accountant, architect, CS, Management Consultant etc.Professional Loan (Upto 25Lacs) 11.00 %
Professional Loan (Above 25Lacs)

Credit Rating interest RATE
AAA 11.00 %
AA 11.25 %
A 11.50 %
BBB 11.75 %
BB 12.00 %
B 12.50 %