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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

8.25%

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

8.00%

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 (As per creiteria)

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/- lakhs (with 100% or more collateral Security)

8.00%

Below Rs.100/- lakhs (without collateral Security or less than 100% collateral Security)
8.25%

Rs.100/- lakhs to Rs.500/- lakhs

7.75%

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

7.75%

7

 

Self employed / Service Enterprises / Professionals

9.00%

8

 

Housing Loan (up to Rs.70/- lakhs) (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 (For unrated accounts)

 

i)

If margin is ≥ 40%

8.40%

ii)

If margin is ≥ 30%  and < 40>

8.65%

iii)

If margin is < 30>

8.90%

b)

If utilization is > 60% up to 75% rebate 0.25% will be given on applicable rate of interest.

Applicable ROI + 0.25%


If utilization is > 75%, rebate of 0.40% will be given on applicable rate of interest.
Applicable ROI + 0.40%

14

 

Loans/Overdrafts to Builders/ Contractors against Real Estate

11.75%


i)
If utilization is > 60% up to 75% rebate 0.25% will be given Effective rate of interest.
11.50%

ii)
If utilization is >  75% rebate 0.40% will be given Effective rate of interest.
11.35%

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)

Working Capital Limit below Rs.100/- Lakhs

8.75%

8.25%


If utilization is > 60% upto 75% Rebate 0.25% will be given, Effective Rate of Interest.
8.50%8.00%

If utilization is > 75%, Rebate of 0.40% will be given, Effective Rate of Interest
8.35%7.85%
2)If Working Capital Limit is for Rs.100/- Lakhs and more (with Credit Rating)


a)

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

8.90%

8.40%

If utilization is > 60% up to 75?ter 0.25% rebate, Effective Rate of Interest.

8.65%

8.15%

If utilization is > 75?ter 0.40% rebate, Effective Rate of Interest
8.50%8.00%

b)

For Credit Rating “A” (more than 70 marks)

7.90%


If utilization is > 60% up to 75?ter 0.25% rebate, Effective Rate of Interest
7.65%

If utilization is > 75?ter 0.40% rebate,  Effective Rate of Interest
7.50%

c)

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

8.40%


If utilization is > 60% up to 75?ter 0.25% rebate, Effective Rate of Interest
8.15%

If utilization is > 75?ter 0.40% rebate,  Effective Rate of Interest
8.00%

d)

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

8.90%


If utilization is > 60% up to 75?ter 0.25% rebate, Effective Rate of Interest
8.65%

If utilization is > 75?ter 0.40% rebate,  Effective Rate of Interest
8.50%
17
Bills Discounting under L.C. of prime bank
8.00%

18

 

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

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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