Loan Interest Rates

Sr.No. Loan Type Interest Rate
Vehicle Loan
1 New Car Loan  08.50%
2 New Tractor Loan  08.00%
3 New Commercial Vehicle Loan 08.50%
4 New Two-Wheeler Loan 10.50%
5 Againtst Old Vehicle (except two wheeler) 11.75%
Machinery Loan
1 New Machinery Loan 09.50%
2 Old Machinery Loan 11.00%
Hypothesis,, DHP, Cashcredit
1 Up to 5 lakh 10.85%
2 5,00,001 to 10 lakhs 10.60%
3 10,00001 to 20 lakhs 10.15%
4 Over 2000001 09.90%
5 Pledge 09.50%
Residential Loan
1 New Residential Building 08.00%
2 New Commercial / Shop Loan 09.00%
Against the Old Property
Loan Again Property and Overdraft (O.D.A.P.)
1 Upto 25 Lakh 11.50%
2 Upto 50 Lakh 11.25%
3 Over 5000001 11.00%
4 Gold Loan 08.25%
5 Loan against dairy cattle and NSC 11.00%
6 Employee loan 11.00%
7 Loans against collateral, agriculture, and furniture purchases 11.00%

Note : 1% higher interest rate than fixed deposit will be applicable on fixed deposit / loan.