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Loan

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W.E.F.

01.04.2018

Sr.No

Category

Rate of Interest.

01

Commercial Term Loan facilities

 

 

01.01

Builders & Developers.

14.00 %

x

01.02

Loan Against warehouse receipt

10.50 %

x

01.03

Sugarcane harvesting &Transportation.

10.00 %

x

02

Commercial Cash Credit facilities ( Hypothication cash credit, Book Debts, warehouse receipt cash credit, Secured cash credit)

Below

Above

1.00 Crores

1 Crores to 3 Crores

02.01

General

11.50% net of 1.00% rebate

11.25% net of 1.00% rebate

02.02

General

3 Crores to 5 Crores 11.00% net of 1.00% rebate

5 Crores & Above

10.50% net of 1.00% rebate

02.03

Cash Credit Loan for Textile Industries

Total group loans up to 5.00 Crore 11.50%

Total group loans  5.00 Crore & above    10.50%

02.04

Cash Credit(Ad-hoc limit)

14.00 %

x

02.05

Cash credit for Turmeric Traders(stock & book debts)

11.00%

x

02.06

Against warehouse receipt

10.50 %

x

03

Letter of Credit Discounting loans

10.50 %

x

04

Home Loans repayable by EMI.

x

x

04.01

Home Loan- Flat, House purchase,New Construction. Duration Up to 15Years

10.00 %

x

05

Vehicle Loan

Four Wheelers

Two Wheelers

05.01

Personal Use New Vehicle(margin 10%)

10.00 %

11.00 %

05.02

Personal Use Old Vehicle

12.00 %

x

05.03

Commercial Vehicle

New Vehicle

12.00 %

x

05.04

Old Vehicle

12.00 %

x

06

Educational Loans.(margin 10%)

10.00 %

x

07

Gold Loans

12.00 %

x

08

Salary Loans

x

x

08.01

Our Group employees (with Hamipatra)

12.00 %

x

08.02

Other than Our Group employees (with Hamipatra)

13.00 %

x

08.03

Against Property Mortgage

14.50 %

x

08.04

Without Hamipatra

14.50 %

x

09

A)Loan against term deposits

Below

Above

15.00 Lakhs

15.00 Lakhs

09.01

Own Term Deposits.

1.00 % above deposit interest rate

1.00% above deposit interest rate

09.02

Third Party Term Deposits.

1.00 % above deposit interest rate

1.00% above deposit interest rate

B)Loan against term deposits for Depositor or Group – Necessary Deposit in our bank Rs 3 Crore or more

0.50 % above deposit interest rate

0.50% above deposit interest rate

C)Loan against term deposits for Depositor or Group (other than Bank & Patsanstha) – Necessary Deposit in our bank Rs 10 Crore or more

0.20 % above deposit interest rate

0.20% above deposit interest rate

10

A)Overdraft against term deposits.

Below

Above

15.00 Lakhs

15.00 Lakhs

10.01

Own Term Deposits.

2.00 % above deposit interest rate

1.00% above deposit interest rate

10.02

Third Party Term Deposits.

2.00 % above deposit interest rate

1.00% above deposit interest rate

B)Overdraft against term deposits for Depositor or Group – Necessary Deposit in our bank Rs 3 Crore or more

0.50 % above deposit interest rate

0.50% above deposit interest rate

C)Overdraft against term deposits for Depositor or Group (other than Bank & Patsanstha) – Necessary Deposit in our bank Rs 10 Crore or more

0.20 % above deposit interest rate

0.20% above deposit interest rate

11

Housing Repairs, Furniture Loan & Any other facilities repayable by EMI

12.00 %

12 A) Loan for Doctors(EMI) for Purchase of Machinery, Hospital Construction and ambulance. Total loan below 4.00 crore 11.00 %

 

B) Loan for Doctors(EMI) for Purchase of Machinery, Hospital Construction and ambulance.Total loan 4.00 crore & above

10.00 %

13

Personal Loan ( to Doctors, Engineers, Architectures, CA, CS  and ICWA degree holders)

12.00 %

14

EMI- Purchase Industrial Machinery,Factory Building, Godawn, Office, shop, other Term loans

11.00%

15

All Other Term Loans.( Member loan, Housing loan, Loan against Saving certificates, Loan against LIC policy,any other term loans)

12.00%

16

Agree & Agree Allied Term Loans (Agree vehicle loan, agree land loan, crop loan, pipeline, green house loan, grapes grover loan, Deeping of well loan, cow-baffelow loan, construction of poultry shed, kukkutpalan loan, karkhana guarantee loan, Agree machinery loan etc.)

11.00%

17 All other EMI Term Loan  for Textile Industries (Total group loans Up to 5.00 Crore) 11.50%
18 All other EMI Term Loan  for Textile Industries (Total group loans 5.00 Crore and above) 10.50%
19 Lease rent discount loan x
A) Govt/Ltd/ Pvt ltd co/Banks Registered Agreement 11.50%
B) Other registered /Unregistered agreement 13.50%
20 Loan against self Occupied property for own/ Family business needs 12.50%
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