Rate of Interest on Loans

Type of Loan *Rate of Interest
Kisan Credit Card 7.00% Onwards
Gold Loan 9.25% onwards
Housing Loans 7.60% onwards
Home cash Loans 9.50% Onwards
Car Loan 8% onwards
Mortgage Loans 11.25% onwards
Salary Loan 14.00% Onwards
Agriculture Term Loans 12.25% Onwards
Commercial Complex ( HLCC ) 12.00% onwards
Mudra Loans 10.00% Onwards
Site Loans 10.00% Onwards
Sulabh GST 10.50% Onwards
Over draft ( Working Capital ) 10.50% Onwards
Education loans Inland Upto Rs.4.00 lakhs : 10.50%
Above Rs.4.00 lakhs : 11.50%
Education loans Abroad 10.75%

*Rate on interest is subject to scheme guidelines, May change form time to time

II NON-AGRICULTURE – PRIORITY
1 Non-MSME categories Loans:
Short Term/Term Loans and Composite Loans including OCC/OD & Govt. Sponsored Schemes.
UptoRs. 2.00 lakh 13.00%
Over Rs. 2.00 lakh to Rs.25.00 lakh 13.25%
Over Rs. 25.00 lakh 13.75%
2 MSME Categories Loans
a. Without CGTMSE
Upto Rs. 25.00 lakh 10.50%
Over Rs. 25.00 lakh to Rs.100.00 lakh 11.00%
Over Rs.100.00 lakh 11.50%
b. If Covered under CGTMSE
Up to Rs.10.00 lakh 11.00%
Rs.10.00 lakh to Rs.50.00 lakh 11.50%
3 Mudra Categories Loans:-@
Up to Rs.10.00 lakh 12.00%
@ Maximum ceiling limit for Mudra is Rs.10.00 lakh
4 Education Loan
Upto Rs. 4.00 lakh 12.50%
Over Rs. 4.00 lakh 13.50%
5 Pledge Loan –Traders (Commodities stored in State / Central Ware houses)
UptoRs. 10.00 lakh 10.50%
Over Rs. 10.00 lakh 11.25%
6 Pledge Loan-Traders (other than above- Sl. No 3)
a. With NCMSL tie up
UptoRs. 2.00 lakh 10.50%
Over Rs. 2.00 lakh 11.25%
b. Without NCMSL tie up 12.00%
7 Self Help Group (SHG)/Joint Liability Group (JLG)
a Direct SHG/JLG 12.50%
Direct to women SHG/JLG 12.50%
Through NGOs SHG/JLG 12.50%
b. For SKDRDP & Samuha A/cs (As per FI wing Communication) 11.50%
8 Swarojgar Credit Cards (SCCs) 13.00%
9 General Credit Cards (GCCs) 14.00%
10 Handloom weavers Group (HWGs) 13.00%
11 Pragathi Saral Suvidha erstwhile PGB 14.00%
12 Rajiv Gandhi Rural Housing 10.50%
13 Housing loans
UptoRs. 30.00 lakh 9.00%
Above Rs.30.00 lakh 9.50%
New Housing Loan to Salaried class upto Rs.75.00 Lakhs* 8.60%
New Housing loan to Non-Salaried class upto Rs.75.00 Lakhs* 8.75%
New Housing loans above Rs.75.00 Lakhs* 9.50%
*Only for Loans sanctioned on or after 01.04.2019
14 Home Loan Plus 12.50%
15 Solar Lighting 12.00%
16 Special Salary loan scheme to Anganawadi staff 12.50%
III LENDING SCHEMES OF THE BANK (RETAIL)
1 Loans to Salaried class including Teachers/Non-teaching profession) 15.00%
2 Udyam 14.00%
3 Vehicle Loan (LHV-2 wheelers) (For Personal use) 12.50%
4 PK Mobile (PMBL - 4 wheelers) (For Personal use)
Upto Rs.10.00 lakh 9.50%
Over Rs.10.00 lakh 9.75%
5 Vyapar 13.50%
6 Doctors’ Choice
Upto Rs.10.00 lakh 10.50%
Above Rs.10.00 lakh up to Rs.25.00 lakh 10.75%
Above Rs.25.00 lakh 12.25%
7 Mortgage Loan 13.00%
8 Loans against approved securities 13.25%
9 DUAL to customers (No scheme now) 15.50%
10 Pragathi Krishna Professional Scheme 11.00%
11 Purchase of site 14.00%
IV NON- PRIORITY
1 Clean OD / DPN (Including overdrawing in SB/CA A/cs) 15.50%
2 Term Loan 15.50%
3 Commercial Complex/ Commercial Real Estate 14.00%
4 Premises Loan
UptoRs. 2.00 lakh 13.00%
Over Rs. 2.00 lakh 13.25%
5 Gold Loan (CGL) (Non Priority) 13.00%
6 CDB/BE/Supply Bills
7 Loans to NNND agents 13.00%
8 Computer Loan 15.00%