Changes in the Interest Rate of Advances w.e.f.01.07.2025 | ||||||||||||||||||||||
|
Sr.No. |
Type of Loans |
Interest Rate |
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| 1 | Against Govt. Securities/NSC/KVP/LIP/Relief Bond | 8.75% | ||||||||||||||||||||
| 2 | Education Loan | |||||||||||||||||||||
| i) | Education Loan | 8.75% | ||||||||||||||||||||
| ii) | Collateral less than 100% (Maximum unsecured portion should not exceed Rs.5/- Lakh) | 10.00% | ||||||||||||||||||||
| 3 | Gold Loan (Maximum One Year) | 13.25% | ||||||||||||||||||||
| 4 | Auto Loan | |||||||||||||||||||||
| a) | Car Loan up to 25.00 Lakh |
8.25% |
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| Car Loan from 25.00 Lakh to 50.00 Lakh | 8.10% * | |||||||||||||||||||||
| Car Loan above 50 Lakh | 7.50% * | |||||||||||||||||||||
| For Electric Car | 8.00% | |||||||||||||||||||||
| Car Loan For Physically Handicaped person# | 8.00% | |||||||||||||||||||||
| b) | Two Wheelers(having CIBIL score below < 700> | 10.25% | ||||||||||||||||||||
| Two Wheelers Loan up to Rs. 2.00 Lakh (for applicant having CIBIL score > 700) | 9.75% | |||||||||||||||||||||
| Two Wheelers Loan more than Rs. 2.00 Lakh (for applicant having CIBIL score > 700) | 9.25% | |||||||||||||||||||||
| c) | Commercial Vehicles (Existing Borrowers)**(where existing mortgage is there) | 8.75% | ||||||||||||||||||||
| c) | Used Cars (Not more than 2 years old) | 13.75% | ||||||||||||||||||||
| 5 | Consumer Durables (Household Goods) | 12.75% | ||||||||||||||||||||
| 6 | Doctors Loan | |||||||||||||||||||||
| i) | (with 100% or more Collateral Security) | 8.85% | ||||||||||||||||||||
| ii) | (without Collateral Security or less than 100% Collateral Security) | 9.10% | ||||||||||||||||||||
| 7 | Self Employed/Service Enterprises/Professionals | 9.85% | ||||||||||||||||||||
| 8 |
Housing Loan |
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| a) | Housing Loan (All old scheme HBTL sanctioned up to 30.04.2025) Old HBTL Card Rate (Floating Rate)## Interest rate for all kinds of borrowers (woman/man) | 8.25% | ||||||||||||||||||||
| b) |
Housing Loan - New Scheme with variable ROI (Floating) linked with Repo Rate. For fresh HBTL only sanctioned on or after 01.05.2025 under code no.347
|
|
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| c) | Housing Loan (Fixed rate) | 9.50% | ||||||||||||||||||||
| 9 | Top-up Loan on Housing Loan | 9.75% | ||||||||||||||||||||
| 10 | Housing Rennovation Loan | |||||||||||||||||||||
| a) | For Civil Work (Same as applicable to Housing Loan Card Rate) | 8.50% | ||||||||||||||||||||
| b) | For Furniture and Fixtures covered by REM (same as applicable to Housing Top- up Loan) | 9.75% | ||||||||||||||||||||
| 11 | Loan for Solar Roof Top-(Industrial Household Purpose) | 9.00% | ||||||||||||||||||||
| 12 | Demat Shares (up to Rs.10/- Lakhs) | 9.75% | ||||||||||||||||||||
| 13 | (a) | Loans/Overdrafts to Builders/Contractors against Real Estate (Old Scheme) | 12.50% | |||||||||||||||||||
| (b) | Loans/Overdrafts to Builders/Contractors Under CRE (New Scheme Project Loan) | |||||||||||||||||||||
| (i) | Without Collateral Security and only prime security of land | 13.00% | ||||||||||||||||||||
| (ii) | With Collateral Security 25% upto 50% of loan value and only prime security of land | 12.50% | ||||||||||||||||||||
| (iii) | With Collateral Security 50% upto 100% of loan value and only prime security of land | 12.25% | ||||||||||||||||||||
| (iv) | With Collateral Security 100% of loan value and only prime security of landd | 12.00% | ||||||||||||||||||||
Note :
* conditions Apply
** Borrowers for commercial purposes who have secured loans from existing borrowers of the bank and have provided collateral security. Interest rate of 8.75% will be applicable on purchase of vehicles like Staff bus, Truck, Tractor, Tempo, JCB.
| 14 | Trade Industry for Working Capital : New rate w.e.f 01.06.2023 | |||
| Working Capital Advances | Coll. Sec. Less Than 100% | Coll. Sec.100% or more | ||
| 1 | Working Capital Limit up to Rs.100/- Lakh | 9.35% | 8.85% | |
| 2 | Card Rate (For all unrated accounts having limits Rs.100/- Lakh and more) | 9.75% | 9.25% | |
| 3 | If Working Capital Limit (Comp. C.C. + Secured C.C.) is for Rs.100/- Lakh and more (with Credit Rating) | |||
| (a) | For Credit Rating “AAA” (more than 80 marks) | 8.50% | ||
| (b) | For Credit Rating “AA” (for marks above 70 and up to 80) | 8.75% | ||
| (c) | For Credit Rating “A” (for marks above 60 and up to 70) | 9.00% | ||
| d) | For Credit Rating “B” (for marks above 50 and up to 60) | 9.25% | ||
| e) | For Credit Rating “C” (for marks up to 50) | 9.75% | ||
| 15 | Secured C.C./OD against immovable property (For unrated accounts) | Limit upto Rs.100/- lakh |
Limit > Rs.100.00 lakh |
|
| (i) | If margin is ≥ 40% | 9.00% | 9.25% | |
| (ii) | If margin is ≥ 30% and < 40> | 9.25% | 9.50% | |
| (iii) | If margin is < 30> | 9.50% | 9.75% | |
| 16 | Bills Discounting under L.C. of prime bank | 8.00% | ||
| 17 | Clean Cash Credit/Overdraft (up to Rs.5/- Lakhs) | 9.75% | ||
| 18 | Hypothecation of Plant and Machinery (Term Loan) | |||
| (i) | More than 100% collateral (For new Sanction only) | 8.75% | ||
| (ii) | More than 75% collateral | 9.25% | ||
| (iii) | 75% or less collateral | 9.75% | ||
| 19 | (i) | Mortgage Loan with ≥ 40% Margin | 9.25% | |
| (ii) | Mortgage Loan with ≥ 30% and < 40> | 9.50% | ||
| (iii) | Mortgage Loan with < 30> | 9.75% | ||
| 20 | Term Loan for purchase of Office Factory-Land and Shed/ Godown/ Commercial Property-Secured by Coll. Sec. | 8.90% | ||
| 21 | Term Loan (Other Fixtures) | 10.00% | ||
| 22 | Temporary Loan / Ad hoc limit | |||
| (If Collateral Security is less than 80%) | 13.25% | |||
| (If Collateral Security is 80% and above) | 12.25% | |||
| 23 | Excess over sanctioned limit | 13.75% | ||
| 24 | AMCO Jan Kalyan Term Loan / Limit | 13.50% | ||
| 25 | Loan/OD against Deposit | |||
| (a) | Loan/OD/against own deposit | Deposit Rate +1.00% Deposit Rate +2.00% |
||
| (b) | Loan/OD/against third party deposit | |||
| 26 | Atmanirbhar Laghu Udhyog Protsahan Scheme (for working capital and machinery term loan) | 10.75% | ||
| 27 | Term Loan for purchase of Shop cum Ware house for Agriculture Allied Activities | 8.25% | ||
| 28 | Lease/Rental Discount (As per LRD policy) | |||
| (i) | If Market value of Collateral Security is 150% | 10.50% | ||
| (ii) | If Market value of Collateral Security is 200% | 10.25% | ||
| (iii) | If Market value of Collateral Security is 250% | 10.00% | ||
| (iv) | If Market value of Collateral Security is 300% | 9.75% | ||
| 29 | AMCO-Khushi Personal Loan | |||
| i) | Applicant having CIBIL score of 750 or above | 9.75% | ||
| ii) | Applicant having CIBIL score above 700 but up to 749 | 10.25% | ||
| iii) | Applicant having CIBIL score above 700 (subject to criteria) | 9.75% | ||
| iv) | Applicant having I.T. return above Rs.10/- Lakh for last 2 F.Y. | 9.75% | ||
# Working capital utilization rebate is withdrawn
