Loan Interest Rate

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INTEREST RATE OF SORT TERM & MIDIUM TERM LOAN :

ACTIVITIES Rate of Interest
(A) Short Term Loan
Cash credit 10%
Warehouse receipt loan 11%
K.V.P./N.S.C. 11%
Loan against fixed deposit 1% Extra
(B) Medium Term Loan
Vehicle loan
Four wheeler
Upto Rs. 10 Lacs 10%
Above Rs. 10 Lacs to Rs. 30 Lacs 9%
Two wheeler 13%
House Construction/ House/plot purchase
Above Rs. 50 Lacs to Rs. 60 Lacs 8.60%
Above Rs. 25 Lacs to Rs. 50 Lacs 8.75%
Upto Rs. 25 Lacs 9%
Business loan 12%
Consumer loan 13%
Industry loan 10%
Mortgage loan
Upto Rs. 50 Lacs 12%
Above Rs. 50 Lacs to 80 Lacs 11.50%
Plant and Machinery 10%