Loan Interest Rates
Loan and advances
Loan / Advances Interest Rates
Applicable interest rates and eligible rebates across the bank’s loan products. Rates may vary according to loan amount and approved terms.
| Sr. No. | Types of Loan | Interest Rate | Rebate |
|---|---|---|---|
| 1 | Loans against pledge / hypothecation of agricultural produce (Warehouse and Cold Storage Receipt) |
12% | — |
| 2 | Loan against kishmish (Bedana) | 12% | — |
| 3 | Gold Loan | 10% | — |
| 4 | Loan against Salary | 12% | — |
| 5 | Vehicle Loan — Up to ₹4,99,999/- | 14% | 3% |
| Vehicle Loan — Above ₹5,00,000/- | 13% | 2% | |
| 6 | Cash Credit Hypothecation — Up to ₹29,99,999/- | 15% | 2% |
| Cash Credit Hypothecation — ₹30,00,000 to ₹49,99,999/- | 13% | 1% | |
| Cash Credit Hypothecation — ₹50,00,000 to ₹1,59,99,999/- | 12% | — | |
| Cash Credit Hypothecation — ₹1,60,00,000 and above | 11% | — | |
| 7 | Business Loan — Up to ₹29,99,999/- | 15% | 2% |
| Business Loan — ₹30,00,000 to ₹49,99,999/- | 13% | 1% | |
| Business Loan — ₹50,00,000 to ₹1,59,99,999/- | 12% | — | |
| Business Loan — ₹1,60,00,000 and above | 11% | — | |
| 8 | Loan Against Machinery | 15% | 2% |
| 9 | Housing Loan — Up to ₹99,99,999/- | 15% | 2% |
| Housing Loan — ₹1,00,00,000 and Above | 12% | — | |
| 10 | Medium Term Loan | 15% | 2% |