| Type of Rate of Interest |
Interest Rate |
| Prime Lending Rate ( PLR) |
12.00 %p.a |
| |
|
| Housing loans |
|
| a. Loans upto Rs 28 Lakhs for women ( PLR Less 3.75 %) |
8.25 % p.a |
| b Loans upto Rs 28 Lakhs for others ( PLR Less 3.65 %) |
8.35 % p.a |
| c Loans above Rs 28 Lakhs ( PLR less 3.05 % ) |
8.95 % p.a |
| |
|
| Personal Vehicle Loan |
|
| a. New Vehicle ( PLR less 3.25 % ) |
8.75 % p.a |
| b .Second Hand Vehicle ( PLR) |
12.00 % p.a |
| |
|
| Super Bike Loan |
|
| a. For Loans up to Rs. 1.00 Lakh |
10.75 % p.a |
| b.For Loans above Rs. 1.00 Lakh |
10.25 % p.a |
| c. For Citizencredit Salary Account Holders |
9.75 % p.a |
| |
|
| Loans against Gold/ LIC/ NSC/ Govt Securities |
11.50 % p.a |
| |
|
| Loan/ Overdraft Against Property ( LAP & OAP) |
|
| |
|
| a. Loan upto Rs 25 Lakhs ( PLR Plus 2.00 % ) |
14.00 % p.a |
| b. Loan from Rs 25 Lakhs to Rs 1000 Lakhs ( PLR plus 0.25 % ) |
12.25 % p.a |
| |
|
| Reverse Mortgage Loan ( Aashraya) ( PLR less 1.00 % ) |
11.00 % p.a |
| |
|
| Lease Rental Discounting ( PLR) |
12.00 % p.a |
| |
|
| Overdraft against Shares and Units of Mutual Fund ( PLR plus 1.00 % ) |
13.00% p.a |
| |
|
| Loan Against Bank Deposits |
|
| a. Senior Citizens |
1 % above the deposit rate |
| b. Non Senior Citizen |
2% above the deposit rate |
| c. Third party deposits |
2 % above the deposit rate or PLR whichever is higher |
| |
|
| Doctor Care |
|
| a. Upto 84 months ( PLR less 2.50 % ) |
9.50 % p.a |
| b. Above 84 months up to 120 months ( PLR less 0.50 % ) |
11.50 % p.a |
| |
|
| Discounting of Bills under Letter of Credit |
|
| a. For sight LC & Usance LC upto 90 days ( PLR less 2 % ) |
10 .00% p.a |
| b. For Usance LC above 90 days to 180 days, subject to approval of Managing Director ( PLR less 1.50 % ) |
10.50 % p.a |
| |
|
| Pragati Scheme Term Loan / Working Capital Linmits ( PLR less 0.25 % ) |
11.75 % p.a |
| |
|
| Education Loan |
|
| a. Unsecured Loan ( PLR ) |
12.00% p.a |
| b. Secured Loan ( PLR less 1 % p.a ) |
11.00% p.a |
| |
|
| Travel Loan |
|
| a. Unsecured Loan ( PLR plus 1 % p.a ) |
13.00 % p.a |
| b. Secured Loan ( PLR ) |
12.00 % p.a |
| |
|
| Scheme for Commercial Transport Operators ( PLR Less 1.75 % ) |
10.25 % p.a |
| |
|
| SME / Corporate loans above Rs 1 crore ( based on internal rating) |
11.50% p.a to 12.00 % p.a |
| |
|
| Construction / Real Estate Loans ( PLR plus 2 % p.a to PLR plus 4 % ) |
14 % p.a to 16 % p.a |
| |
|
| Penal Interest on overdue advances |
2 % above interest rate applicablen to the advance |
