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Loan Intertest Rate

Sr.No.

 

Type of Loans

Interest Rate

1

 

Against Govt. Securities / NSC / KVP/ LIP/ Relief Bond

8.25%

2

 

Education Loan (up to Rs.20/-lacs) 100% or more collateral

8.75%

Education Loan (Above Rs.20/- Lakh up to Rs.40/-Lakh) 100% or more collateral

8.25%

Collateral less than 100%  (Maximum unsecured portion should not exceed Rs. 5/- Lakh)

9.25%

3

 

Gold Loan (Maximum One Year)

12.00%

4

 

Auto Loan

 

a)

Car Loan

7.10%* & 7.25%

b)

Two Wheelers / CNG Rikshaw / Other Commercial Vehicles

11.00%

c)

Used Cars (Not more than 2 years old)

13.00%

5

 

Consumer Durables (Household Goods)

12.00%

6

 

Doctors Loan

 

Below Rs.100/- lacs

8.50%

Rs.100/- lacs to Rs.500/- lacs

8.25%

Rs.500/- lacs and above & Multispeciality Hospitals with doctors’ holding more than 51%

8.00%

7

 

Self employed / Service Enterprises / Professionals

9.00%

8

 

Housing Loan (up to Rs.70/- lacs) (Floating Rate)

Interest Rate for all kinds of borrowers (woman / Man)

7.25%

9

 

Housing Loan Premium (For new Sanction only)

(Loans Rs. 40.00 Lakh and above as per criteria)

6.75* to 7.00*

10

 

Top-up Loan on Housing Loan

8.90%

11

 

Loan for Solar Roof Top- (Industrial & Household purpose)

8.00%

12

 

Demat Shares (up to Rs.10/-lacs)

9.00%

13

a)

Secured Cash Credit / Overdraft against immovable property (Excluding Real Estate and Credit Rated Accounts+)

 

i)

If margin is ≥ 40%  and monthly utilization is > 60%

8.40%

ii)

If margin is ≥ 30%  and < 40> 60%

8.65%

iii)

If margin is < 30> 60%

8.90%

b)

If monthly utilization is 60% or less than 60%

Applicable ROI + 0.50%

14

 

Loans/Overdrafts to Builders/ Contractors against Real Estate

12.25%

15

a)

Loan/OD/against own deposit

Deposit Rate +1.00%

b)

Loan/OD/against third party deposit

Deposit Rate +2.00%

16

 

Trade & Industry for Working Capital :

 

a)

Working Capital Advances

Coll.Sec

Less  than 100%

Coll. Sec. 100%

or more

1)

Limit less than Rs.25/- lacs

8.90%

8.40%

2)

a) Working Capital Limit of Rs.25/-lakh & above but below Rs.100/- lakh (utilization more than 50%)

8.75%

8.25%

b) If monthly utilization is 50% or less than 50%

9.25%

8.75%

3)

If Working Capital Limit is for Rs.100/-lakh and more (With Credit Rating)                   

a)

Card Rate (For unrated accounts having limits Rs.100/- Lakh and more)

8.40%

b)

For credit rating “A” (more than 70 marks)

7.90%

c)

For credit rating “B” (for marks above 50 and upto 70 marks)

8.40%

d)

For credit rating “C” (for marks 50 or less)

8.90%

17
Bills Discounting under L.C. of prime bank
8.00%

18

 

Clean Cash Credit / Overdraft (up to Rs.5/-lacs)

12.00%

19

 

Hypothecation of Plant & Machinery (Term Loan)

i)

More than 100% collateral (For new Sanction only)

8.00%

ii)

More than 75% collateral

8.50%

iii)

75% or less collaterals

8.90%

20

i)

Mortgage Loan with ≥ 40% Margin

8.40%

ii)

Mortgage Loan with ≥  30% and < 40>

8.65%

iii)

Mortgage Loan with < 30>

8.90%

21

 

Term Loan for purchase of Office / Factory-Land & Shed / Godown / Commercial Property – Secured by Coll.Sec.

8.40%

22

 

Term Loan (Other Fixtures)

9.25%

23

 

Temporary Loan / Overdraft / Cash Credit

13.00%

24

 

Excess over sanctioned limit

13.00%

25

 

AMCO Jan Kalyan Term Loan / Limit

13.00%

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