Sr. No. |
CATEGORY |
Rate of Interest |
1 |
a)
|
Loans against Personal Surety/ Unsecured Loans
(Other than House repairs & Suvidya Loan) |
16.00 |
|
b) |
Couple Plus and Suvidya loan |
15.00 |
2 |
a) |
Consumer Loan |
17.00 |
|
b) |
Griha Anand Loan |
15.00 |
|
c) |
Consumer Loan with collateral security of immovable properties / vehicles / Autorickshaw |
15.00 |
3 |
|
Loan against Gold ornaments / Bonds |
14.50 |
4 |
|
Loan / Overdraft against Govt.securities and Bonds |
14.00 |
5 |
Housing Loan |
|
a) |
Purchase / Construction |
a) |
Upto loan (sanctioned) amount of Rs.20 Lakh |
11.00 |
b)
|
Above loan (sanctioned) amount of Rs.20 Lakh |
11.50 |
|
b) |
House Repairs (other than Griha Shobha Loans) |
16.00 |
|
c) |
Griha Shobha Loan |
15.00 |
6 |
|
Vehicle Loan |
|
|
a) |
Autorickshaw / 3 wheeler Loan |
15.00 |
|
b) |
For Personal Use |
12.50 |
|
c) |
For Commercial Use (Other than Autorickshaw/3wheeler Loan) |
15.00 |
7 |
Vidya Vahini Loans |
Without Gestation period |
12.00 |
|
With Gestation period |
12.50 |
8 |
Loan / Overdraft against deposits |
|
|
a) |
BDD |
13.00 |
|
b) |
Against Self Deposit |
1.00 + A |
|
c) |
Against Deposit in the name of Third Parties |
1.50 + A |
9 |
Loan / OD against Shares / Debentures |
15.00 |
10 |
a) |
Doctors & Nursing Home / Hospitals |
14.00 |
|
b) |
Self Employed – Professionals |
14.00 |
11 |
Business Loans |
14.00 |
12 |
Mortgage Loan |
15.25
(Repayment period above
5 years upto 7 years)
|
15.50
(Repayment period above 7 years upto 10 years) |
13 |
Vyapar Overdraft |
15.00 |
14 |
Purchase and Discounting of Cheque / Bills / Unsecured Multani Hundies / Demand draft (Other than sanctioned Limit) |
18.00 |
15 |
Discounting of LC / Foreign Bills with ECGC Cover / Secured Hundies drawn on reputed Ltd. Companies (LC issued by our Bank) |
11.00 |
16 |
Discounting of LC / Foreign Bills with ECGC Cover / Secured Hundies drawn on reputed Ltd. Companies (LC issued by other Banks) |
11.00 |
17 |
Excess drawals in Cash Credit and Overdraft accounts / TOD / Clean Overdraft Limits / Clearing House Balance / Return of Inward Clearing Cheques for want of Funds / Drawals against Cheques sent for collection |
18.00 |
18 |
Interest on outstanding debit balance (day wise product) in Cash Credit limits and VODs during the period from validity expiry date of limits till date of sanction of renewal / conversion. |
Rate of Interest + 2% |
19 |
Interest on outstanding debit balance (day wise product) in Cash Credit limits and VODs for the period when there is no Drawing Power on account of non submission of monthly statements of Stocks, Debtors & Creditors (irrespective of the fact that whether the limit is within the validity Period or not) |
Rate of Interest + 2% |
| A = above the Rate of Interest on Deposit |
| Bench Mark Prime Lending Rate (BPLR) at 13% with effect from 1st April 2009 |
