Sr.

Type of Loan

*Interest Rates with effect from 21/04/2025

Benchmark Prime Lending Rate (BPLR)

12.00%

1

Loan / Overdraft against Term Deposit

Customer wise total sanction limit for OD & Loan :

a) Below Rs. 1.00 Crore 1.00% more than the rate of interest applicable to Term Deposit.

b) Rs.1.00 crore and above to below Rs. 3.00 crore (Loan/OD Limit) = 0.75% more than the rate of interest applicable to Term Deposit.

c) Rs. 3.00 crore and above (Loan/OD Limit) = 0.50% more than the rate of interest applicable to Term Deposit.

d) Interest Rate on Loan against Daily Saving Account =Interest Rate on Daily Saving A/c + 1.00%.

2

Loans / Overdraft against Third Party Deposit

Customer wise total sanction limit for OD & Loan :

a) Below Rs. 3.00 Crore 2.00% more than the rate of interest applicable to Term Deposit.

b) Rs. 3.00 Crore & above 0.50% more than the rate of Interest applicable to term Deposit.

3

i) Secured Personal Loan

(a)DSPL:-

Group of 50 or above employed with State Govt. or Semi State Govt. bodies including Municipal Corp., Municipal Council & Undertaking from employer to Remit full salary or EMI Directly Deducted from salary.

11.50%

(b)EMISPL:-

Group of 50 or above employed with A-Group Company declared by SEBI & Borrowers employed with BEST & Undertaking from employer to remit full salary or EMI Directly Deducted from salary

12.50%

(c)SPL:-

Less than 50 employees, employed with State Govt. & Semi State Govt. bodies, A-Group Company declared by SEBI, Companies approved by Board and undertaking from employer to remit full salary or EMI Directly deducted from salary.

12.50%

Note: - CRAR of the Bank is being above 12%, Bank has decided to take Share Capital for Secured Personal Loans of above three category borrowers of Rs.1000/- irrespective of loan amount.

ii) Unsecured Personal Loan

(a)   USPL:-

All employees of, Central Govt., Central Public sector undertaking who are not covered under section 49 of MSCS act 1960 and undertaking from employer to remit full salary or EMI directly deducted from salary or confirmed ECS/NACH/ACH.

14.00%

(b) USPL:-

A Group companies declared by SEBI, companies approved by Board & confirmed ECS/ NACH/ ACH is available)

14.00%

iii) Unsecured Personal Loan

UNDSPL

11.50%

iv) Unsecured Personal Loan

UNEMISPL/UNSPL:-

12.50%

v) Unsecured Personal Loan and other Secured Personal Loan-

EMIUPL:-All borrowers other than 3(i) to (iv)

15.50%

Loans under 3(ii), (iii), (iv) &(v) above to be shown as unsecured for the purpose of ascertaining exposure to total unsecured advances

4

New Vehicle:-

Two Wheelers & Four Wheelers

(personal / commercial use) - Floating Rate

Repayment period up to 36 months.
a) Credit Vision Score above 700 - @ 9.00%
b) Credit Vision Score up to 700 - @ 9.30%

Repayment period above 36 months to 60 months
a) Credit Vision Score above 700 - @ 9.20%
b) Credit Vision Score up to 700 - @ 9.50%

5

Gold Loans and Overdraft Facility against Gold

a) ODGLD - @ 10.00%

b) EMIGLD / GLD-BULLE -
i) Repayment period up to 6 months. - 9.25%
ii) Repayment period above 6 months to 12 months - 9.50%

6

Loan / Overdraft against LIC/ NSC/ KVP and Other Trustee Securities - Floating Rate

9.75%

7

Loan against Shares/ Debentures/Bonds - Floating Rate

15.00%

8

All types of Term Loans / Cash Credit / Bill Discounting

A) up to Rs. 50.00 lakh

Priority Sector = 11.00%

Non- Priority Sector = 12.00%

B) without credit rating: - Above to Rs.50.00 lakh

Priority Sector = 12.00%

Non -Priority Sector = 13.00%

C) Priority Sector: -

Above Rs.50 lakh = if Credit Rating is undertaken interest rate as below

D)  Non- Priority Sector: -

Above Rs.50.00 lakh = if Credit Rating is undertaken interest rate as below

a. Priority Sector: - @9.50%
b. Non-Priority Sector: - @10.00%

(Note:- Fixed for two years and thereafter applicable as per Credit Rating)

a. Priority Sector: - @12.00%
b. Non-Priority Sector: - @13.00%

(Note:- They may be advised to applyfor Credit Rating)

10

i) New loan = 11.00%

ii) Old Loans = As Per Credit Rating (Sr.No.8-C)

11

Higher Education Loan - Floating Rate

i) Loan up to Rs.20.00Lakhs-(Priority Sector) @ 10.50%

ii)Loan above Rs.20.00 Lakhs-(Non-Priority Sector) @ 11%

12

House/ Shop Repairing / Renovation up to (With Mortgage of House/Shop)

(Maximum Loan Limit Rs.10 Lakh) - Floating Rate

10.00%

13

Advance to Builders & Developers - Floating Rate

i) Priority Sector: - @ 13.00%

ii) Non- Priority Sector: - @ 14.00%

14

Advance to Govt.& Other Civil Contractors - Floating Rate

i) Priority Sector: - @ 12.50%

ii) Non- Priority Sector: - @ 13.00%

15

Property Mortgage Loans

(Maximum Limit Rs.300.00 Lakh) - Floating Rate

13.00%

16

TOD & Cheque Purchase facility

17.50%

17

Consortium Advance

As fixed by the consortium participants from time to time

18

Advance against Premises taken on Rent by our Bank - Floating Rate

10.00%

19

Member Housing Loan (Floating)

All Housing Loan
(Amount up to Rs. 200 Lakhs)

General

(Other than Ladies)

Gruhalaxmi Home Loan (for Ladies)

i) Credit Vision Score above - 700

8.30%

8.20%

ii) Credit Vision Score up to - 700

8.50%

8.40%

20

Loan against Rent Receivable - Floating Rate

12.50%

21

Overdraft against property mortgage - Floating Rate

13.00%