Loan Interest Rates
In the meeting of Board of Directors dated 29th July -2025, it has been decided to revise the interest rates on loan/advances, effective
11th August – 2025 (Monday) as under
Rates
| SR. NO | PARTICULAR | CIC SCORE | SECURITY | RATE OF INTEREST |
|---|---|---|---|---|
| 1 | Cash Credit against Stock, book debts | |||
| a) Up to Rs.5.00 lacs | No rating | 100% Collateral Security | 11.00% | |
| b) Limit Above Rs.5.00 lacs up to 50 Lacs | As per Credit rating | 100% Collateral Security | 10.50% # | |
| 75% Collateral Security | 11.25% # | |||
| 50% Collateral Security | 11.75% # | |||
| c) Limit Above Rs. 50 Lacs up to 100 Lacs | As per Credit rating | 100% Collateral Security | 10.25% # | |
| 75% Collateral Security | 10.75% # | |||
| 50% Collateral Security | 11.25% # | |||
| d) Limit Above 100 Lacs up to 300 Lacs | As per Credit rating | 100% Collateral Security | 10.00% # | |
| 75% Collateral Security | 10.50% # | |||
| e) Limit Above 300 Lacs | As per Credit rating | 100% Collateral Security | 9.75% # | |
| 75% Collateral Security | 10.25% # | |||
| # Rating “A” —- 0.75% | # Rating “B” —- 0.50% | # Rating “C” —— 0.25% | ||
| # Interest Rebate Applicable based on above rating | ||||
| 2. | Clean Cash Credit/Personal Loan (As per credit rating) [Up to 36 EMI] | |||
| a) Up to Rs. 1 lacs | CIC Score 700 Above | Up to 36 EMI | 13.75% | |
| CIC Score 650 to 699, or 0 to -1 , 1 to 5 | Up to 36 EMI | 14.00% | ||
| b) Above 1 to Rs. 2 lacs | CIC Score 700 Above | LIC Policy Assigned (5 years old) | 13.00 % | |
| CIC Score 650 to 699, or 0 to -1 , 1 to 5 | 13.50% | |||
| c) Above 2 to Rs. 5 lacs | CIC Score 700 Above | Against Own Property Original papers title deeds (with Bank possession) or 75% Collateral Security (like LIC, NSC/KVP, FDR) | 12.75 % | |
| CIC Score 650 to 699, or 0 to -1 , 1 to 5 | 13.00 % | |||
| Note:- For the Purpose of CC:- Total Tenure 3 Year (Renewal/Confirmation required Every Year) | ||||
| 3. | Advance against Bank’s Approved De-mat Shares (C.C) | |||
| Up to Rs. 10.00 Lac | CIC Score 650 & Above | 50% margin against Bank’s approved Shares | 10.00% | |
| 4. | Advances against Government Securities (C.C ) | |||
| a) Up to Rs. 100.00 lacs |
|
9.25% | ||
| b )Above Rs. 100.00 lacs | 9.50% | |||
| 5. | Education Loan | |||
| a) Up to Rs. 20 Lacs | CIC Score 800 Above | 100% Collateral Security | 8.75% | |
| CIC Score 750 to 799 | 9.00% | |||
| CIC Score 700 to 749 | 9.25% | |||
| CIC Score 650 to 699 or 0 to -1 , 1 to 5 | ||||
| b) Above 20 Lacs | CIC Score 800 Above | 100% Collateral Security | 8.85% | |
| CIC Score 750 to 799 | 9.45% | |||
| CIC Score 650 to 749 or 0 to -1 , 1 to 5 | 9.95% | |||
| Moratorium Period: Course Period + 1 years (Interest to be paid during this time). After that maximum 120 EMI. | Maximum 80% of Education Expense (Offer Letter) | |||
| 6. | Housing Loan [Loan Amount:- up to 90% of Sale Deed up to 180 EMI] | |||
| Up to 50 Lacs (Floating Rate) [Residential Sale deed up to Rs. 63.00 lacs] | CIC Score 800 Above | 100% Prime Security | 8.10% | |
| CIC Score 750 to 799 | 8.35% | |||
| CIC Score 700 to 749 | 8.65% | |||
| CIC Score 650 to 699 | 8.95% | |||
| CIC Score 600 to 649 or 0 to -1 , 1 to 5 | 9.10% | |||
| Up to Rs.140 Lacs (Fixed Rate) | CIC Score 800 Above | 100% Prime Security | 8.25% | |
| CIC Score 750 to 799 | 8.50% | |||
| CIC Score 700 to 749 | 8.75% | |||
| CIC Score 650 to 699 | 9.00% | |||
| CIC Score 600 to 649 or 0 to -1 , 1 to 5 | 9.25% | |||
| For New Purchase and Construction Maximum Loan of Rs. 140.00 lacs | ||||
| For Renovation and Repairing purpose Maximum Loan of Rs. 10.00 lacs | ||||
| 7. | Two-Wheeler Loan [up to 36 EMI] | |||
| Non-Electric Vehicle | CIC Score 700 Above | 75% to 90% (Ex-showroom Price + RTO Expenses) | 10.75% | |
| Electric Vehicle | CIC Score 700 Above | 10.50% | ||
| 8. | Car Loan [up to 60 to 84 EMI] | |||
| Electric Non-Electric Vehicle | ||||
| Up to 25/- lacs (Fixed Rate) | CIC Score 800 Above | 90% of Ex-showroom Price + RTO Expenses | 8.00% | |
| CIC Score 750 to 799 | 8.25% | |||
| CIC Score 700 to 749 | 8.50% | |||
| CIC Score 650 to 699 | 9.00% | |||
| CIC Score 600 to 649 or 0 to -1, 1 to 5 | 9.50% | |||
| Non-Electric Vehicle | ||||
| Above 25/- lacs to Exposure Limit (Fixed Rate) | CIC Score 800 Above | 90% of Ex-showroom Price + RTO Expenses | 8.50% | |
| CIC Score 750 to 799 | 8.75% | |||
| CIC Score 700 to 749 | 9.25% | |||
| CIC Score 650 to 699 or 0 to -1, 1 to 5 | 9.75% | |||
| Electric Vehicle | ||||
| Above 25/- lacs to Exposure Limit (Fixed Rate) | CIC Score 800 Above | 90% of Ex-showroom Price + RTO Expenses | 8.40% | |
| CIC Score 750 to 799 | 8.65% | |||
| CIC Score 700 to 749 | 8.95 % | |||
| CIC Score 650 to 699 or 0 to -1, & 1 to 5 | 9.40% | |||
| 9. | Used Car Loan Maximum 8 year Vehicle Life | |||
| -Loan up to Vehicle Life – 8 years (Including Used years) and only for Second Ownership -Maximum 8 year Vehicle Life -Guarantor at discretion of bank – No Share Linking /Deposit | CIC Score 800 & Above | 75% to 90% of Valuation | 10.75% | |
| CIC Score 750 to 799 | 75% to 85% of Valuation | 11.75% | ||
| CIC Score 700 to 749 | 70% to 80% of Valuation | 12.75% | ||
| CIC Score 650 to 699 or 0 to -1, & 1 to 5 | 70% to 80% of Valuation | 13.75% | ||
| Foreclosure Charge:- Within 6 months – 5 % of loan amount Above 6 to 12 months – 4 % of loan amount Above 12 to 24 months – 3 % of loan amount Above 24 months – No Charge | ||||
| 10. | Commercial Vehicle [ up to 60 EMI] | |||
| CNG Rickshaw / 3 Wheeler Tempo Loan [Maximum 36 EMI] | CIC Score 750 Above | 75% of Ex-showroom Price + RTO Expenses | 12.50 % | |
| CIC Score 700 to 749 or 0 to -1, & 1 to 5 | 13.25 % | |||
| Taxi Passing -Four Wheelers | CIC Score 750 & Above | 75% of Ex-showroom Price + RTO Expenses | 10.50% | |
| CIC Score 700 to 749 or 0 to -1, & 1 to 5 | 11.00% | |||
| Other Transport Vehicle | CIC Score 750 & Above | 75% of Ex-showroom Price + RTO Expenses | 10.25% | |
| CIC Score 700 to 749 or 0 to -1, & 1 to 5 | 10.50% | |||
| 11. | OD/Cash Credit against Property | |||
| a) Up to Rs.50 Lacs | CIC Score 750 & Above | 100% Prime Security | 9.25% | |
| CIC Score 700 to 749 | 100% Prime Security | 9.50% | ||
| CIC Score 650 to 699 or 0 to -1, & 1 to 5 | 100% Prime Security | 9.75% | ||
| b) Above Rs.50 Lacs | CIC Score 750 & Above | 100% Prime Security | 9.00% | |
| CIC Score 700 to 749 | 100% Prime Security | 9.25% | ||
| CIC Score 650 to 699 or 0 to -1, 1 to 5 | 100% Prime Security | 9.50% | ||
| 75% of Realization Value of Property (To be certified by Paneled Valuer). To be submitted Stock Statement and Book Debt once in three years. | ||||
| 12. | Solar Rooftop Loan [up to 84 EMI] | |||
| Household purpose up to Rs. 10 lacs | CIC Score 700 & Above | Without Security | 9.00% | |
| Commercial purpose up to Rs. 3 Crore | CIC Score 700 & Above | 100% Collateral Security | 9.50% | |
| CIC Score 650 to 699 or 0 to -1, & 1 to 5 | 75% Collateral Security | 9.75% | ||
| 50% Collateral Security | 10.25% | |||
| Commercial purpose above 3 Crore to Rs. 5 Crore | CIC Score 700 & Above | 100% Collateral Security | 9.75% | |
| 75% Collateral Security | 10.00% | |||
| 50% Collateral Security | 10.50% | |||
| Commercial purpose above 5 Crore | CIC Score 700 & Above | 100% Collateral Security | 8.75% | |
| 75% Collateral Security | 9.00% | |||
| 50% Collateral Security | 9.50% | |||
| 13. | Loan against Property [up to 120 EMI] | |||
| a) Commercial -: New Purchase | CIC Score 750 & Above | 85% of Sale Deed Value | 9.25% | |
| CIC Score 700 to 749 | 80% of Sale Deed Value | 9.50% | ||
| CIC Score 650 to 699 or 0 to -1, & 1 to 5 | 75% of Sale Deed Value | 9.75% | ||
| b) Property Mortgage | CIC Score 750 & Above | 75% of Realization Value of Property (To be certified by Paneled Valuer). | 9.25% | |
| CIC Score 700 to 749 | 9.50% | |||
| CIC Score 650 to 699 or 0 to -1, & 1 to 5 | 9.75% | |||
| 14. | Machinery / Equipment Loan [up to 36 to 84 EMI] | |||
| a) Up to Rs.25 Lacs | CIC Score 700 & Above | 100% Collateral Security | 9.50% | |
| 75% Collateral Security | 9.75% | |||
| 50% Collateral Security | 10.00% | |||
| CIC Score 650 to 699 | 100% Collateral Security | 9.75% | ||
| 75% Collateral Security | 10.00% | |||
| 50% Collateral Security | 10.25% | |||
| b) Above Rs. 25 Lacs | CIC Score 700 & Above | 100% Collateral Security | 9.25 % | |
| 75% Collateral Security | 9.50% | |||
| 50% Collateral Security | 9.75% | |||
| CIC Score 650 to 699 | 100% Collateral Security | 9.75% | ||
| 75% Collateral Security | 10.00% | |||
| 50% Collateral Security | 10.25% | |||
| Loan Amount: 75 to 85% of Quotation | ||||
| 15. | Loans to professionals / Self Employed | |||
| a) Up to Rs.25 Lacs | CIC Score 700 & Above | 100% Collateral Security | 9.00% | |
| 75% Collateral Security | 9.25% | |||
| 50% Collateral Security | 9.50% | |||
| b) Above Rs. 25 Lacs | CIC Score 750 & Above | 100% Collateral Security | 9.00% | |
| 75% Collateral Security | 9.25 | |||
| 50% Collateral Security | 9.50% | |||
| CIC Score 700 to 749 | 100% Collateral Security | 9.25% | ||
| 75% Collateral Security | 9.50% | |||
| 50% Collateral Security | 9.75% | |||
| CIC Score 650 to 699 | 100% Collateral Security | 9.50% | ||
| 75% Collateral Security | 9.75% | |||
| 50% Collateral Security | 10.00% | |||
| Business Loan/ Term Loan for Doctors, Chartered Accountants, Engineers, Advocates, Architect, For the purpose of Furniture and Fixtures:- up to 36 EMI For Hospital Construction or Purchase Term Loan: Maximum 120 EMI For Equipment and Machinery purchase Term Loan: Maximum 60 EMI | ||||
| 16. | Micro credit (weaker section) [up to 24 EMI] | |||
| a) Secured | CIC Score 750 & Above | 100% Collateral Security | 11.00% | |
| 75% Collateral Security | 11.50% | |||
| 50% Collateral Security | 12.00% | |||
| b) Unsecured | CIC Score 750 & Above | Without Security | 15.00 % | |
| 17. | Bill Discounting under L/C | 10.50% | ||