Interest Rate

Bank Interest Rate

Sr.No. Period Rate of interest
1 07 Days to 29 Days 4.75%
2 30 Days to 90 Days 4.75%
3 91 Days to 180 Days 5.25%
4 181 Days to 364 Days 6.00%
5 12 Months to 35 Months 7.00%
6 36 Months to 60 Months 7.25%

Bank Loans and Advances Rate

Sr.No. Type of Loan Rate of Interest for Loan and Advances up to Rs. 10 Lac Rate of Interest for Loan and Advances More than Rs. 10 Lac
1 Vehicle Loan (New Four Wheeler) CIBIL Score Above 700 8.50%
2 Vehicle Loan (New Four Wheeler) CIBIL Score 500 To 699 9.00%
3 Vehicle Loan (New Four Wheeler) CIBIL Score Below 500 10.00%
4 Vehicle Loan (Old Four Wheeler) Not More Then 3 Years Old 12.00%
5 Vehicle Loan (New Two Wheeler) 11.00%
6 Vehicle Loan (New Commercial) 12.00%
7 Housing Loan ( CIBIL Score Above 700 )) 9.00% 9.25%
8 Housing Loan ( CIBIL Score 500 To 700 ) 9.50% 9.75%
9 Housing Loan ( CIBIL Score Below 500 ) 10.00% 10.25%
10 Education Loan ( Max. 20 Lacs )) 10.00%
11 Hypothication Loan 11.25% 11.75%
12 Loan Against Fix Assets 11.25% 11.75%
13 Machinery Loan 11.25% 11.75%
14 Professional Loan 11.25% 11.75%
15 Working Capital Installment Loan 11.25% 11.75%
16 Loan For Working Capital ( Overdraft ) 11.25% 11.75%
17 Overdraft Against Fix Assets 11.25% 11.75%
18 Commercial Real Estate Loan 11.50% 12.00%
19 Bankble Loan 12.00%
20 Sabhasad Loan 12.00%
21 Clean Cash Credit Loan 12.00%