Loan Interest Rates

Source : NSBGwalior    Date : 11-Jun-2019
|

Sr. No

Size and type of loans and advances

GL code

interest rate structure

01-01-2024

(1)

housing loan

 

 

 

( A ) Building construction / flat purchase / house purchase , expansion , alteration and finishing work .

 

 

 

 

(On loan accounts till date 04-11-2021 –)

 

(i) up to 5 years

189

10.00%

(ii) Loans above 5 years)

190

9.50%

 

(On loans disbursed from 05-11-2021)

 

(i) up to 5 years

189

09.00%

(ii) Loans above 5 years)

190

08.50%

 

( B ) Plot purchase / shopping complex / shop purchase

 

 

 

 

(On loan accounts disbursed up to 04-03-2018 –)

 

(i) up to 5 years

179

11.50%

(ii) more than 5 years

180

12.00 %

 

( b ) Building repair / building construction and finishing work.

 

 

 

 

(On loan accounts disbursed up to 04-03-2018 –)

   

(i) up to 5 years

179

10.50%

(ii) more than 5 years

180

10.00 %

 

( B ) ( i ) Plot purchase / shop purchase / shopping complex construction / building repair / building construction and finishing ( in which construction is not allowed )/ -

 
 

(On loans disbursed from 05-03-2018 to 04-11-2021)

 

(i) up to 5 years

179

10.50%

(ii) more than 5 years

180

10.00 %

(On loans disbursed from 05-11-2021)

   

(i) up to 5 years

179

09.50%

(ii) more than 5 years

180

09.00%

 

( c ) Building construction / flat purchase / house purchase ( permitted ) _

 

 

 

 

 

 

 

(i) 63 months and above (loans disbursed from 10-11-2015 to 31-01-2017)

219

9.50%

(ii) 63 months and above (loan disbursed from 01-02-2017 to 04-06-2017)

219

9.00%

(iii) 63 months and above (loan disbursed from 05-06-2017 to 17-06-2020)

 

 

i) For male category

219

8.50%

(ii) for the female category

223

8.35%

(iv) 63 months and above (loan disbursed from 18-06-2020 to 31-01-2021)

 

i) For male category

219

7.50%

(ii) for the female category

223

7.35%

(v) 63 months and above (loan disbursed from 01-02-2021 to 31-10-2022)

 

i) For male category

219

6.75%

(ii) for the female category

223

6.75%

(vi) 63 months and above (loan disbursed from 01-11-2022 to 28-02-2023)

 

i) For male category

219

7.50%

(ii) for the female category

223

7.50%

 

(vii) 63 months and above (loan disbursed from 01-03-2023)

 

i) For male category

219

8.50%

(ii) for the female category

223

8.50%

2

business loan

 

 

 

 

 

 

 

 

(i) Cash Credit Limit

 

 

(a) up to 27-07-2022

 

(i) Rs. Upto 10,00,000 /-

175,221

9.50%

(ii) Rs. 10,00,000 /- above and Rs. less than 1.00 crore

175,221

10.00%

(iii) Rs. 1.00 crore and above

175,221

10.00%

(B) Applicable from 28-07-2022 to 28-02-2023

   

(i) Rs. Upto 10,00,000 /-

175,221

9.50%

(ii) Rs. 10,00,000 /- above and Rs. less than 50 lakhs

175,221

9.75%

(iii) Rs. 50 lakh and above

175,221

9.00%

(c) New rates applicable from 01-03-2023

   

(i) Rs. Upto 5,00,000 /-

175,221

9.00%

(ii) Rs. 5,00,001/- to Rs. Upto 10,00,000 /-

175,221

9.50%

(iii) Rs. 10,00,001 /- and above Rs. less than 50 lakhs

175,221

9.75%

(iv) Rs. 50 lakh and above

175,221

9.00%

 

 

(ii) over year account

 

 

 

(a) up to 27-07-2022

 

(i) Rs. Upto 10,00,000 /-

176,220

10.00%

(ii) Rs. 10,00,000 /- above and Rs. less than 1.00 crore

176,220

10.50%

(iii) Rs. 1.00 crore and above

176,220

10.00%

(B) Applicable from 28-07-2022 to 28-02-2023

   
 

(i) Rs. Upto 10,00,000 /-

176,220

10.00%

(ii) Rs. 10,00,000 /- above and Rs. less than 50 lakhs

176,220

10.25%

(iii) Rs. 50 lakh and above

176,220

9.50%

(c) New rates applicable from 01-03-2023

   

(i) Rs. Upto 5,00,000 /-

176,220

9.50%

(ii) Rs. 5,00,001/- to Rs. Upto 10,00,000 /-

176,220

10.00%

(iii) Rs. 10,00,001 /- and above Rs. less than 50 lakhs

176,220

10.25%

(iv) Rs. 50 lakh and above

176,220

9.50%

 

     

(iii) Term loan for business ( Term loan for vehicle , machinery and business )

 

 

 

 

(A) Applicable from 28-07-2022 to 28-02-2023

 

i) Rs. Upto 10.00.000/-

178, 181,222

9.50%

ii) Rs. Above Rs.10,00,000/- and less than Rs.50 Lakhs

178, 181,222

9.75%

iii) Rs. 50 lakhs and above

178, 181,222

9.00%

(B) New rates applicable from 01-03-2023

 

 

(i) Rs. Upto 5,00,000 /-

178, 181,222

09.00%

(ii) Rs. 5,00,001/- to Rs. Upto 10,00,000 /-

178, 181,222

09.50%

(iii) Rs. 10,00,001 /- and above Rs. less than 50 lakhs

178, 181,222

09.75%

(iv) Rs. 50 lakh and above

178, 181,222

09.00%

 

Special package on setting up new manufacturing unit / industry ( applicable from 05.06.2017 to 31.03.2018 )

 

 

 

 

 

(a) Loan limit up to a maximum amount of 2 crores

 

 

i) For plant and machinery

178, 181

10. 50%

ii) For working capital

175, 176

10.50%

(3)

Battery Operated Self-propelled Vehicle - E - Rickshaw

 

 

 

Battery Operated Self Propelled Vehicles - E-Rickshaw
(Maximum loan limit amount up to Rs.1.00 Lakh)

224

10.00%

(4)

Vehicle Loan for Personal Use

 

 

 

( a ) Four wheeler loan _

 

 

 

 

 

 

 

 

a) Four wheeler
loan disbursed upto 02.08.2015 (for male and female category)

191

10.50%

b) Four Wheeler Loans disbursed from 03.08.2015 to 04.06.2017

i) For male category

ii) For female category

 

 

 

191

217

10.50%

10.00%

c) Four wheeler loan disbursed from 05.06.2017 to 17.06.2020
i) for male category
ii) for female category


191
217


09.25%
09.00%

d) Four wheeler loan disbursed from 18.06.2020 to 30.09.2020
i) for male category
ii) for female category


191
217


09.00%
09.00%

e) Four wheeler loan disbursed from 01.10.2020 to 31.01.2021
i) for male category
ii) for female category


191
217


08.00%
08.00%

n) Four wheeler loan disbursed from 01.02.2021 to 28.02.2022
i) for male category
ii) for female category


191
217


06.90%
06.90%

 

o) Four wheeler loan disbursed from 01.03.2023 onwards
i) For male category
ii) For female category


191
217


08.20%
08.20%

 

p) Four wheeler loan disbursed from 01.01.2024 onwards
i) For male category
ii) For female category


191
217


08.40%
08.40%

5

two wheeler loan _

 

 

 

 

a) Two wheeler loan disbursed till 02.08.2015
(for male and female category)

186

14.00%

b) Two wheeler loan disbursed from 03.08.2015 to 17.06.2020
i) for male category
ii) for female category


186
218


14.00%
13.50%

 

c) Two wheeler loan disbursed from 18.06.2020
i) for male category
ii) for female category


186
218


12.00%
12.00%

(6)

professional loan

 

 

 

 

 

 

 

 

(A) Applicable from 28-07-2022 to 28-02-2023 for male and female category

 

 

(i) up to Rs.20,00,000/-

193,216

10.00%

(ii) Above Rs.20,00,000/-

193,216

10.50%

( B ) New rates applicable from 01-03-2023 for men and women on limit and term loan OD GL Head-216, TL Gl Head - 193

 

 

(i) up to Rs.20,00,000/-

193,216

9.00%

(ii) above Rs.20,00,000/-

193,216

10.00%

(7)

Real Estate Mortgage Personal Loan ( Mortgage & Personal )

 

 

 

 

 

 

Real Estate Mortgage Personal Loan for Personal Purposes

 

 

(a) term loan

 

 

i) On loans disbursed up to 04.06.2017

183

14.00%

ii) On loans disbursed from 05.06.2017 to 17.06.2020

183

12.00%

iii) On loans disbursed from 18.06.2020 to 04.11.2021

183

11.50%

iv) On fresh loans disbursed from 05.11.2021

183

10.50%

 

(b) Individual over year account

(up to a maximum of Rs. 5 lakh)

 

 

 

i) OD facility extended from 29.08.2017

NEW GL---225

12.50%

(8)

gold jewelery salvage loan

 

 

 

(a) On short term loans
(up to Rs. 2 lakh for 12 months) of Gold Jewelery Taran

(i) Loan accounts disbursed up to 30-11-2020 –

172

12.00%

(ii) On loan accounts disbursed from 01-12-2020 to 04.11.2021 -

172

9.00%

(iii) On loan accounts disbursed from 05-11-2021 -

172

8.00%

 

(b) On Medium Term Loans against Gold Jewelery Taran
(up to Rs. 5 lakh for 60 months)

(i) Loan accounts disbursed up to 30-11-2020 –

194

12.00%

(ii) Loan accounts disbursed from 01-12-2020 to 04.11.2021

194

9.00%

(iii) On loan accounts disbursed from 04-11-2021 -

194

8.00%

 

(c) Overdraft facility on gold jewelery wire for business

(up to Rs.10 lakh for 12 months)

(i) Loan accounts disbursed up to 30-11-2020 –

215

13.00%

(ii) Loan accounts disbursed from 01-12-2020 to 04.11.2021

215

10.00%

(iii) On loan accounts disbursed from 05-11-2021 -

215

09.00%

(9)

Unsecured and consumption loan ( hypothecation loan )

 

 

 

(a) on unsecured personal guarantees and other unsecured loans

(i) Loan accounts disbursed up to 30-11-2020 -

177

15.00%

(ii) On loan accounts disbursed from 01-12-2020 -

177

13.00%

 

(b) Unsecured unsecured loan against departmental salary deduction consent and a personal guarantee

(i) Loan accounts disbursed up to 30-11-2020 -

185

13.00%

(ii) On loan accounts disbursed from 01-12-2020 -

185

12.00%

 

c) Hypothecation loans for consumer durables like T.V. fridge, furniture, home appliances etc.

(i) Loan accounts disbursed up to 30-11-2020 -

186

14.00%

(ii) On loan accounts disbursed from 01-12-2020 -

186

12.00%

(10)

N. _ S. _ C./K . _ _ V. _ P. / Life Insurance Policy / Warehouse Receipt Salvage Loan _

 

 

 

a ) Short term ( term loan )

 

 

 

 

Short term demand loan against the security of National Savings Certificate / Kisan Vikas Patra / Life Insurance Policy and other recognized securities

174

11.00%

b ) overage facility

 

 

 

For all types of purposes by pledging National Savings Patra / Kisan Vikas Patra / Warehouse Receipt

187

12.00%

(11)

education loan

 

 

 

(1) Upto Rs.500000/-

192

12.00%

(12)

Staff Salary Advance (PLR)

184

9.00%

(13)

Covid -19 Loan Schemes

 

 

 

(a) Kovid-19 Weaker Section Utthan Term Loan

(36 months loan up to Rs.25000/-)

271

10.00%

(b) Kovid-19 Weaker Section Utthan Term Loan

(Maximum up to Rs.5 lakh for 60 months)

272

09.00%

(14)

Self Help Group Loan Scheme

273

12.00%

(15)

micro finance loan scheme

274

12.00%