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# RATE OF INTEREST ON ADVANCES (W.E.F 01.05.2026) |
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1 |
SURITY LOAN |
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(a) |
Upto maximum Rs. 5 Lakhs |
(a) 13.00% P.A. (CIBIL 801 & Above)
(b) 14.00% P.A. (CIBIL 601 to 800)
(c) 15.25% P.A. (CIBIL 500 to 600) |
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(b) |
Upto maximum Rs. 5 Lakhs
Unsecured Business Loan for MSME against personal sureties
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(a) 10.50% P.A. (CIBIL 801 & Above)
(b) 11.00% P.A. (CIBIL 601 to 800)
(c) 11.75% P.A. (CIBIL 500 to 600) |
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2 |
HOUSING LOAN |
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(a) |
Housing Loan |
(a) 8.25% P.A. (CIBIL 801 & Above)
(b) 8.75% P.A. (CIBIL 601 to 800)
(c) 9.50% P.A. (CIBIL 500 to 600) |
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(b) |
For House Repair and Renovation |
(a) 9.00% P.A. (CIBIL 801 & Above)
(b) 9.50% P.A. (CIBIL 601 to 800)
(c) 10.25% P.A. (CIBIL 500 to 600)
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3 |
TRANSPORT / VEHICLE LOAN |
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(a) |
Loan for Transport Vehicle |
(a) 9.25% P.A. (CIBIL 801 & Above)
(b) 9.75% P.A. (CIBIL 601 to 800)
(c) 10.50% P.A. (CIBIL 500 to 600)
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(b) |
ELECTRIC VEHICLE LOAN |
(a) 8.75% P.A. (CIBIL 801 & Above)
(b) 9.25% P.A. (CIBIL 601 to 800)
(c) 10% P.A. (CIBIL 500 to 600)
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4 |
TERM LOAN-Loan against Property and Loan for Business |
(a) 9.50% P.A. (CIBIL 801 & Above)
(b) 10.00% P.A. (CIBIL 601 to 800)
(c) 10.75% P.A. (CIBIL 500 to 600)
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5 |
SANCTIONED -OD/TOD -limits (Secured) |
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(a) |
Upto Rs. 50/- Lakhs
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10.50% P.A.
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(b) |
Above Rs. 50/- Lakhs upto Rs. 1/- Crore
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10.00% P.A.
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(c) |
Above Rs. 1/- Crore
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09.50% P.A.
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6 |
EDUCATION LOAN |
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(a) |
Upto Rs. 20/- Lakhs |
9.50% P.A. |
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(b) |
Above Rs. 20/- Lakhs
(Education Loan (Unsecured)can be given up to Rs. 5 Lakhs against surety from other good Paymaster Members and life insurance of borrower as per the prevailing Loan Rules. |
10.00% P.A. |
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7 |
CONSUMER DURABLES --DCG |
13.00% P.A. |
0.5% rebate in interest on loan to a member belonging to SC/ST category provided a certified copy of the certificate that he belongs to this category is submitted along with the loan form and it is verified from original
# Interest on Loans are compoundingly charged at monthly intervals on daily product basis.
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