The bank provides loans for various purposes which are listed as below:
Type Of Advances | Rate of Interest (%) |
CASH CREDIT (Clean) | 15.00 |
NSC, KVP | 11% |
VEHICLE LOAN
HP Vehicle 2 HP Vehicle 3 HP Vehicle 4 HP Vehicle 6 |
12.00 12.50 10.00 10.00 |
BUILDING CONSTRUCTION | 10.00 |
HYPOTHICATION (Hypo. Stock / CC)
Above Rs. 50 lakh Rs.30.00 lakh to 50 lakh Rs.20.00 lakh to Rs.30.00 Up to Rs.20.00 lakh |
09.00 10.50 11.50 12.50 |
HP MACHINERY | 12.50 |
HP CONSUMER | 14.00 |
BUILDING MORTGAGE
Above Rs. 50 lakh Rs.30.00 lakh to 50 lakh Rs.20.00 lakh to Rs.30.00 Up to Rs.20.00 lakh |
09.00 10.50 11.50 12.50 |
OVER DRAFT BUILDING MORTGAGE (CC)
Above Rs.30.00 lakh Rs.20.00 lakh to Rs.30.00 Up to Rs.20.00 lakh |
11.00 12.00 13.00 |
GOLD LOAN (Up to Rs. 2 lakh) | 12.00 |
LOAN DHIRAN (ISTL) | 15.00 |
LOAN against FDRs (FDOD) |
@ 1% over the FDR rate |