Loan
| Sr No | NAME | PURPOSE | INTEREST RATE (At Present) | TENURE | REQUIREMENT | MARGIN (Min) |
| 1 | Gold Loan | Loan against pledge of Gold | 12.50% for loan upto 2 lakh & 13.50% for above 2 lakh | 12 months | Customer of Bank | 25% |
| 2 | Hypothecation Cash Credit | Loan against Stock and Receivables/ working capital |
15% upto 5 lakh |
12 months | 1. Last 3 years financial statement. 2.All other information related to business | 25% |
|
14.50% upto 25 lakh |
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14% upto 50 lakh |
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13.50% upto 100 lakh |
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13% above 100 lakh |
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| 3 | Term Loan(Secured) | Business Loan |
14.50% upto 25 lakh |
06 months to 84 months | Last 3 years financial statement. 2.All other information related to business | 25% |
|
14.25% for above 25 lakh |
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| Purchase of Consumer Durables | 15% upto 5 lakh | 36 months to 84 months up to 5.00 Lakhs | 25% | |||
| 4 | Term Loan (Personal) | Clean Loan | 16% | 36 months to 60 months up to 5.00 Lakhs | Last 3 years financial statement. or income certificates | - |
| Salary Loan | 15% | 36 months to 60 months up to 5.00 Lakhs | Latest Salary certificate, last 6 months pass book entries where salary credited Repayment u/s 60 (1) Act MSCSA 2002 | - | ||
| 5 | Housing Loan | Purchase or construction of house or purchase of flats | 10% up to Rs.25 Lakh 11.00% above Rs.25 to 70Lakh | Maximum 180 months | Estimate of Purchase price or Construction | 25 %to 50% |
| Repair/Renewal of Housing Rural-upto2 lakh Urban-upto5lakh | 12.00% | Maximum months 60 | Estimate of Repair | 25% | ||
| 6 | Education Loan | *Educational expenses for professional courses and higher studies |
13% Upto Rs.5 lakh |
Academic duration + 4 years | Applicant should have 60% or more than 60% in pervious academic year | Min 25 % |
|
14% upto 20 lakh |
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| 11.50% Above 10 lakh upto 20 lakh | ||||||
| 7 | Vehicle Loan | Two Wheeler vehicles | Two wheelers: 12.50% | Two wheelers: 60 months | Quotation of Vehicle by authorized dealer. | 10% To 25% |
| Four wheeler vehicles | Four wheelers: 10.00% (New) | Four wheelers: 84 months | 10% 25% 50% | |||
| 8 | Loan for Self Help Group | Internal lending | 18% | 36 months | ||
| 9 | Green Energy Loan Scheme | Installation of Solar System Group/Individuals | 12.00% | 36 to 84 months | Quotation Of Solar System | 20% |
| 10 | Loan Against Property | Loan against Mortgage of Property | 14.50% | 36 to 84 months | Valuation of Property, Legal Search Report , End used details, Income Statements | 40% to 50 % |
| 11 | Loan against NSC/LIC Policies | - | 13.50% | - | - | - |
| 12 | Loan Against Ware House Receipts | Secured (Only TL) | 13.50% | - | - | - |
| Unsecured Loan (Only TL) | 16.00% | - | - | - |