Loans & Advances

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