| Interest rate (wef 08/05/2022) | ||
| 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 | 13.00% |
| 3 | SMC Teacher Co.op. Society | 10.75% |
| 4 | Term Loan | |
| (A) Term Loan for Any purpose | 8.50% | |
| (B) Working Capital Term Loan (Against Second Hand Powerlooms) | 10.25% | |
| 5 |
Vehicle Loan (For Personal Use only) (1) Two wheeler & Four Wheeler (2) E-Vehicle Vehicle Loan (For Commercial Use only) |
7.50% 7.00% 11.00% |
| 6 | Solar Loan (Residential / Industrial purpose up to 90% of Quotation Amount) | 8.50% |
| 7 | Loan to PROFESSIONAL SELF EMPLOYED (Doctors,Lawyers,CA, Engineers etc.) |
8.75% |
| 8 | Over Draft Against Fixed Deposits | FDs Rate |
| For Individual (Own FD) | +1.00% | |
| For Individual (Third Party) | +2.00% | |
| For Firms (Own FD) | +1.00% | |
| For Firms (Third Party) | +2.00% | |
| 9 | Loan Against Fixed Deposits | |
| For Individual (Own FD) | +1.00% | |
| For Individual (Third Party) | +2.00% | |
| 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) | 8.50% | |
| 11 | Housing Loan (Maximum Period 15Years) | |
| Up to 10 Year | 8.50% | |
| From 10 Year to 15 Year | 9.00% | |
| 12 | Loan Against Property Mortgage | |
| 1) Less than Rs.1.00 Crore | 12.00% | |
| 2) Rs. 1.00 Crore and Above | 12.00% | |
| 13 | Loan for Construction / Purchase of Industrial Shed (Part of Project) | 12.00% |
