Loan Interest Rates

 

Interest rate on Advances Effective From Dt:15-03-2019

 

No. Type of Advances Interest Rate
1 Building Loan  
  For House Purchase (Women) 08.85%
  For House Purchase (Other) 08.95%
  For Commercial Purchase 11.25%
2 Cash Credit 12.50% to 13.00%
3 Secured Overdraft 12.90% to 13.50%
4 Property Loan (Mortgage Aga.)  
  Resident  Property 12.00% to 12.50%
  Commercial Property (BL) 12.25% to 12.90%
5 Machinery Loan  
  New Purchase 11.50%
  Old Purchase 12.50%
6 Vehicles Loan  
  For Individual (Car Loan) New 10.00%
  For Individual (Car Loan) Old ( 5 year old) 11.00%
  For Commercial Vehicle 12.50%
7 Higher Education Loan  
  For Girls 11.00%
  For Boys 11.50%
8 N.S.C. / K.V.P. Loan 11.00%
9 L.I.C. Policy Against Loan/OD 11.00%
10 Consumption Loan (CS) 15.00%
11 Loan Ag. F.D.  / F.D. Ag. O.D.  
  Individual FD RATE + 1
  Third Party FD RATE + 2
12 Builder Finance 13.50%