Interest rate  (wef 01/08/2024)
Sr. No Types of Loans / Advances Interest Rate
1 Gold Loan : Up to Rs. 2 Lac (Under Bullet Loan Scheme) 9.00%
2 Personal Loan 12.00%
3 Term Loan   
  (A) Term Loan for Any purpose 10.00%
  (B) Advances of Rs.3.00 Crore & Above 10.00%
  (C) Working Capital Term Loan (Against Second Hand Powerlooms) [W.E.F.01/01/2024] 10.25%
4 Vehicle Loan   
  (A) Two Wheeler & Four Wheeler (For Personal Use Only) 8.50%
  (B) Vehicle Loan (For Commercial Use Only) 11.00%
5 Solar Loan (Residential / Industrial Purpose) 8.50%
6 Loan to Professional Self Employeed (Doctors,Lawyers,CA, Engineers) 8.75%
7 Over Draft Against Fixed Deposits FDs Rate
  OD against Fixed Deposits below Rs.1.00 Crore (Own FD) +1.00%
  OD against Fixed Deposits below Rs.1.00 Crore (Third Party) +2.00%
  OD against Fixed Deposits above Rs.1.00 Crore (Own FD) +0.50%
  OD against Fixed Deposits above Rs.1.00 Crore (Third Party) +2.00%
8 Loan Against Fixed Deposits  
  Loan against Fixed Deposits below Rs.1.00 Crore (Own FD) +0.50%
  Loan against Fixed Deposits below Rs.1.00 Crore (Third Party) +2.00%
  Loan against Fixed Deposits above Rs.1.00 Crore (Own FD)  
  Loan against Fixed Deposits above Rs.1.00 Crore (Third Party)  
9 Loan Against NSC/KVP/UTI/RBI BOND   
  NSC/KVP – (Upto 80% of Face Value and Non-Cumulative UTI/RBI BOND 
– Upto 70% of Face Value)
10.50%
  Third Party NSC / KVP (To be considered as a special case) 12.50%
10 Cash Credit  
  (Against Paid Stock & Book and Debts Up to 90 Days) 9.25%
11 Housing Loan (Maximum Period 15Years)   
  Up to 15 Year 8.50%
  Above 15 Year to 20 Year 9.00%
12 Loan Against Property Mortgage  
  For Construction / Purchase of Industrial Shed 13.00%
13 Composite Term Loan - For manufacturing Unit  
  For Construction / Purchase of Industrial Shed as Part of Project with sanctioned Machinary Term Load and / or Cash Credit Limit (The Said Industrial Shed must be mortgaged with the bank) 10.50%
14 Property Overdraft (Dropline OD) Maximum upto Rs.50.00Lac (For Traders & Mfg. Enterpreneurs) 10.75%