Rate of Interest on Loans & Advances

Revised Rate of Interest on Loans

Rate of Interest

Sl No Loan type Limit Rate of Interest
1 Housing loan Upto Rs 30 lakhs 9%
Above Rs 30 lakhs 9.50%
2 Car loan Upto Rs 10 lakhs 9.50%
Above Rs 10 lakhs 9.75%
3 Mortgage loan 13%
3 KCC Upto Rs 50,000 11.25%
Over Rs 50,000 to Rs 1 lakh 11.50%
Over Rs 1 lakhs to Rs 3 lakhs 12.00%
Over 3 lakhs 13.25%
5 Tractors 13%
6 Pledge loan - Agiculturists Upto Rs 10 lakhs 10.25%
Over 10 lakhs 11.00%
7 MUDRA Loan Upto Rs 10 lakhs 12%
8 Education loan Upto Rs 4 lakhs 12.50%
Over Rs 4 lakhs 13.50%