Sr.No.

Type of loan & Margin 

Product Code

Period

Maximum loan limit

Interest Rates
w.e.f.
Dt.16.09.2023

Working capital Loan( Cash Credit Limit)

1

Cash credit professional working capital

(Mortgage/real estate Loan)

505

36 months

Rs. 60.00 Lac

10.50%

2

Professional loan (for Doctors, CA, Engineer (working capital)

505

36 months

Rs. 5.00 Lac

12.00%

3

Cash Credit Loan Against Commercial Real Estate (margin 50%)

506

6 months

Rs. 375.00 Lac

12.00%

3

Cash Credit Hypothecation Margin 30%

502

36 months

Upto Rs. 60.00 Lac

11.00%

For Rs. 60.00 Lac and Above (Under the rules and norms of credit rating and skipping rebate scheme

10.25%

4

Retail Hypothecation margin 50%

714

36 months

Rs. 4.00 Lac

14.50%

5

Cash Credit Traders Loan to Traders Working Capital Margin for Immovable Properties 40%

504

36 months

Upto Rs. 60.00 Lac

11.25%

Rs. 60.00 Lac and above (Under the rules and norms of credit rating and skipping rebate scheme)

10.50%

6

Cash Credit Secured

501

36 months

Rs. 50.00 Lac

17.00%

8

Cash Credit Project working Capital

507

36 months

Rs. 375.00 Lac

12.00%

7

Pledge of goods

Pledge godown limit  margin 30% to 40%

720

12 months

10.50%

8

Cash Credit Clean

500

36 months

Rs. 00.50 Lac

17.00%

8

Over Draft Cash Credit

509

36 months

Rs. 10.00 Lac

12.50%

9

A) Loan against Term Deposit

B) For cooperative organisations Margin

15%

722/719

Minimum 1 year or proportionate to maturity date

Margin 15%

For loan upto Rs.10.00 Lac, 

1.50 % more interest rate  as compared to term deposit

For loan upto Rs.10.00 Lac, 

1.00 % more interest rate  as compared to term deposit

Note: For slab-wise Interest application on the loan against deposit, observe and implement according to separately attached manual with HO manual no. I.C./2016-17/Planning & development 02/04 dated:16.04.2016

Term Loan

10

Secu. Cash Credit (EMI)

713

60 months

17.00%

11

Housing Loan New/ Resale Purchase margin 10% to 25%

705

240 months

Rs. 75.00 Lac

9.50%

12

Housing Loan for Repair renovate

Margin on Home repair renovate 15% to 25%

729

240 months

Rs. 30.00 Lac

11.00%

13

Loan to traders term loan margin 50%

715

36 to 120 months

Rs. 375.00 Lac

11.50%

14

Loan against commercial real estate margin- 40%

733

48 months

Rs. 375.00 Lac

Upto Rs. 150.00 Lac

Above Rs. 150.00 Lac

14.00 %

13.50 %

15

Grain safety term loan margin 20%

734

15 months

Rs. 375.00 Lac

Upto Rs. 60.00 Lac

10.50 %

Rs. 60.00 Lac and above Rs. 60.00 Lac(Under the rules and norms of credit rating and skipping rebate scheme)

10.50%

16

Term Loan/ G.R.loan

 701

Upto 60 Months

Rs. 5.00 Lac

14.50 % 

Salary earner Group Guarantee Loan 

728

60 months

Rs. 5.00 Lac

11.00 %

Vehicle Loan

17

Vehicle Loan for 2 Wheeler  

703

36 months

Rs. 2.00 Lac

10.50 %

A) Vehicle Loan for 3 & 4 wheelers

B) 3&4 wheelers margin 25% to 40%

704

36-60 months

Rs. 50.00 Lac (Personal)

09.25 %     

Rs. 40.00 Lac for each vehicle(Professional)

09.50 %     

Festival 4 wheeler loan

C)Festival 4 wheeler loan Scheme

727

60 months

Rs. 50.00 Lac (Personal)

09.25 %

60-84 months

Rs.375.00 Lac
(Professional)For each vehicle Rs.40.00 Lac

09.50 %

18

E Vehical loan for 2 & 3/4 wheelers

A. 2 wheelers margin 50%

3 & 4 wheelers margin 35%

741

12 Months

36 Months

Upto Rs. 1 lakh

Upto Rs. 3 lakh

12.75%

12.75%

Sr.No.

Type of loan & Margin 

Product Code

Period

Maximum loan limit

Interest rates
w.e.f
Dt.10.11.2022

19

Professional loan (EMI)

Professional loan Doctor (Term loan)

721

84 months

Rs. 375.00 Lac

Upto Rs. 60.00 Lac

09.75 %

Rs. 60.00 Lac and above Rs. 60.00 Lac(Under the rules and norms of credit rating and skipping rebate scheme)

09.75 %      

20

Consumer durable loan margin 25% to 40%

706

36-60 months

Rs. 1.00 Lac

12.75 %     

21

Term Loan- Plant & Machinery margin 25% to 40%

716

36-120

months

Rs. 375.00 Lac

Below Rs. 60.00 Lac

11.00 %

Rs. 60.00 Lac and above Rs. 60.00 Lac(Under the rules and norms of credit rating and skipping rebate scheme)

11.00 %

22

Industrial Loan margin 25% to 40%

723

36-60 months

Rs. 375.00 Lac

Below Rs. 60.00 Lac

11.00 %

Rs. 60.00 Lac and above Rs. 60.00 Lac(Under the rules and norms of credit rating and skipping rebate scheme)

11.00 %

23

Loan Immovable property

Margin 50%

711

108 months

Rs. 30.00 Lac

Upto Rs. 5.00 Lac

13.50 %      

Above Rs. 5.00 Lac

13.50 %

24

Education Loan

709

120 months

For education in India
(Rs. 10.00 to 20.00 Lac)

11.00 %

For education out of India
(Rs. 20.00 to 40.00 Lac)

25

Term loan- Consumption loan

702

36 months

Rs.00.50 Lac

17.00 %      

26

General gold loan

736

12 months

Upto Rs. 2.00 Lac

Below 60%

Above 60% to 75%

9.25 %

9.25 %

Premium gold loan

737

12 months

Above Rs. 2.00 to 10.00 Lac

Below 60%

Above 60% to 75%

9.25 %

9.25 %

Agricultural gold loan

Maximum loan limit upto Rs. 2.00 Lacs loan repayment on yearly basis

A)  Maximum loan limit above Rs. 2.00 Lacs upto 10.00 lacs

loan repayment on monthly/3 months/6 months yearly basis

 735

12 months

Above Rs. 2.00 to 10.00 Lac

Below 60%

Above 60% to 75%

9.25 %

9.25 %

27

Term loan- Warehouse(upto 60%)

718

6 months

Rs. 100.00 Lac

10.00 %

Term loan- warehouse(upto 61%-75%)

718

6 months

Rs. 100.00 Lac

10.50 %

28

Loan against LIC

Loan Ag. Gov Sec. NSC/LIC

Margin 15%

724

3 years

(according to insurance and period of deposits)

A) Policy surrender value

B) Govt. Security Bond

on these both Margin 15%

08.75 %

29

Loan against other deposit

 L A D RD

margin 25%

722

6 months

Keeping margin 25% on Deposited value of DRD

08.75 %     

30

Term loan to self help groups(for females)

732

12-24  months

Rs. 10.00 Lac

18.00 %

Upto Rs. 10.00 Lac(for groups)

Rs. 50,000.00  (Personal)

31

Shop purchase and Construction loan Shop Purchase special Scheme

738

upto 15 years

Rs. 50.00 Lac

10.00 %

32

Agriculture Loan(finance to agriculturist Loan)

Margin 20%

742

7 years

Rs. 15.00 Lac

-----------

14.00%

33

Solar System

Margin 20% to 40%

739

84 Months

Rs. 15.00 Lac

10.00 %