# RATE OF INTEREST ON ADVANCES (W.E.F 01.09.2023) 
1 
SURITY LOAN 

(a) 
Upto Rs. 2 Lakhs 
(a) 13.00% P.A. (CIBIL 750 & Above)
(b) 14.00% P.A. (CIBIL Less than 750)

(b) 
Above Rs. 2 Lakhs 
(a) 13.00% P.A. (CIBIL 750 & Above)
(b) 14.00% P.A. (CIBIL Less than 750)

2 
HOUSING LOAN 

(a) 
Priority Sector 
(a) 8.00% P.A. (CIBIL 750 & Above)
(b) 8.50% P.A. (CIBIL Less than 750)

(b) 
Non Priority Sector 
(a) 9.00% P.A. (CIBIL 750 & Above)
(b) 9.50% P.A. (CIBIL Less than 750)

(c) 
For House Repair and Renovation (Priority Sector) 
(a) 8.00% P.A. (CIBIL 750 & Above)
(b) 8.50% P.A. (CIBIL Less than 750)

(d) 
For House Repair and Renovation (Non Priority Sector) 
(a) 9.00% P.A. (CIBIL 750 & Above)
(b) 9.50% P.A. (CIBIL Less than 750)

3 
TRANSPORT / VEHICLE LOAN 

(a) 
PERSONAL/COMMERCIAL VEHICLE LOAN 
(a) 8.25% P.A. (CIBIL 750 & Above)
(b) 8.75% P.A. (CIBIL Less than 750)

(b) 
ELECTRIC VEHICLE LOAN 
(a) 8.00% P.A. (CIBIL 750 & Above)
(b) 8.50% P.A. (CIBIL Less than 750)

4 
TERM LOANLoan against Property 
(a) 9.50% P.A. (CIBIL 750 & Above)
(b) 10.00% P.A. (CIBIL Less than 750)

5 
SANCTIONED OD/TOD limits (Secured)


(a) 
Upto Rs. 50/ Lakhs
Any amount above sanctioned ODL/TODL and Bill Purchase  
10.50% P.A.
*13.50% P.A. 
(b) 
Above Rs. 50/ Lakhs upto Rs. 1/ Crore
Any amount above sanctioned ODL/TODL and Bill Purchase  
10.00% P.A.
*13.00% P.A. 
(c) 
Above Rs. 1/ Crore
Any amount above sanctioned ODL/TODL and Bill Purchase  
09.50% P.A.
*12.50% P.A. 
6

EDUCATION LOAN 

(a)

Upto Rs. 20/ Lakhs 
9.00% P.A. 
(b)

Above Rs. 20/ Lakhs 
9.50% P.A. 
7 
CONSUMER DURABLES DCG 
13.00% P.A. 
Note: No rebate will be given on loans taken with effect from 04/04/2016 as interest has been reduced by 1%. However, 1% rebate as per the existing rules will continue to be given for loans taken before 04/04/2016
0.5% rebate in interest on loan to a member belonging to SC/ST category provided a certified copy of the certificate that he belongs to this category is submitted along with the loan form and it is verified from original
# Interest on Loans are compoundingly charged at monthly intervals on daily product basis.
* On overdue amount of all loans, 3% additional interest in the form of penal interest will be charged
