| INTEREST
RATES
Floating
Rates are effective from 09-04-2007
Fixed Rates are effective from 23-04-2007
HOUSING
LOAN SCHEME
For
loans UP TO and inclusive of Rs. 15.00
Lacs. |
For
loans exceeding Rs. 15.00 Lacs. |
Fixed
Rates for maturity of maximum 10 years
irrespective of the loan amount. |
Tenure
Years |
Revised
Rate % Floating |
Tenure
Years |
Revised
Rate % Floating |
Tenure
Years |
Revised
Rate |
Up
to 5 years |
10.50% |
Up
to 5 years |
10.75% |
Up
to 5 years |
12.50% |
Above
5 & up to 15 years |
11.00% |
Above
5 & up to 15 years |
11.25% |
Above
5 & up to 15 years |
12.50% |
Above
15 & up to 20 years |
11.50% |
Above
15 & up to 20 years |
11.75% |
Note
: Interest rate (fixed) will be reset
at the end of every one year on the
basis of interest rates prevailing then. |
MORTGAGE
LOANS
| Revised
Rate Floating |
Revised
Rate Fixed |
12.25% |
12.75% |
MONEY
AGAINST SHARES & SECURITIES (MASS) AND
OTHER SPECIFIED SECURITIES
LIC
/ NSC / KVPs / RBI bonds / Units.
Interest Rate:
11.25%
OVERDRAFT
AGAINST SHARES:
Limit |
Revised Rate-Floating |
Individual
Accounts Limits up to Rs.20.00 Lacs |
11.75% |
Group
Accounts:
a) Limits between Rs. 20.00 Lacs
and Rs. 40.00 Lacs.
b) Limits above Rs. 40.00 Lacs.
|
11.25%
11.25%
|
CONSUMER
LOANS
Tenure-
Maximum 3 yrs |
Revised Rate |
Salary
deduction |
14.75% |
Post
dated cheques |
15.75% |
PERSONAL
LOAN SCHEME
Tenure |
Revised
Rate |
Up
to 3 years |
15.75% |
EDUCATION
LOANS
Limit |
Revised
Rate-Floating |
Up
to Rs. 4.00 Lacs |
12.25% |
Above
Rs. 4.00 Lacs |
13.25%. |
VEHICLE
LOAN SCHEME
Tenure |
Revised
Rate-Floating |
Up
to 3 years |
11.25% |
Above
3 years and up to 7 years |
11.50% |
TRADE
POWER SCHEME
Limit |
Revised
Rate-Floating |
Up
to Rs. 25.00 Lacs |
13.25% |
Above
Rs. 25.00 Lacs |
As
per applicable CRA Rating. |
TRAVEL
POWER SCHEME
Limit |
Revised
Rate-Floating |
Up
to Rs. 5.00 Lacs |
13.25% |
Above
Rs. 5.00 Lacs |
13.25%
plus appropriate term premium. |
SME
POWER
Revised
Rate-Floating
|
13.25% |
RENT
POWER
Revised
Rate-Floating |
12.25% |
DOCTOR
POWER
Limit |
Revised
Rate-Floating |
Up
to Rs. 5.00 Lacs
a) For Working Capital
b) For Term Loan |
11.75%
12.25%
|
Above
Rs.5.00 Lacs
a) For Working Capital
b) For Term Loan |
13.25%
14.25%
|
|
