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:: LOANS AND ADVANCES ::
(A)
Working Capital Limits
%
*
Priviledge Limit Accounts 13.00%
*
Working Capital Limits
Under Hypothecation / Pledge / C.C Book Debts / Bill Discounting
(Incl. Industrial Units)
 
*
Upto 10 lakh 14.00 %
*
Above 10 lakh 13.00 %
*
Bill Discounting backed by LC 10.00 %
*
Secured Cash Credit 14.00 %
*
Secured Cash Credit (To Builders) 15.50 %
*
W.C Limit / Loan to Agriculturist 11.50 %
*
W.C Limit to Agro-Based Industries (Dal Mill,Rice Mill etc.) 10.00 %
* Working Capital To Public TrustsRegistered Under Bombay Public Trusts Act-1950 12.00 %
* Working Capital To Professionals 13.00 %

(B)
Term Loans
%
*
Term Loans to Industrial Units of all Categories 13.00 %
*
Term Loan to Professionals 12.50 %
*
Purchase of Mach/Purchase or Construction of Commercial Shop (For Own Use)  
*
Upto 25 lakh 14.00 %
*
Above 25 lakh 13.50 %
*
Term Loan Priority Sector 14.00 %
*
Mortgage Loan ( Business ) 15.50 %
*
Mortgage Loan ( Personal ) 15.50 %
*
Educational Institution, Hospital Loans ( Other than Individuals) 14.50 %
*
Personal Loan/ Loan For Consumer Durables, Unsecured Term Loan 15.50 %
*
Loan Against Govt.Securities, Nsc , LIC 10.00 %
*
Vehicle Loan ( Commercial ) 12.50 %
*
Vehicle Loan ( 2 Wheeler ) 10.50 %
* Vehicle Loan ( 4 Wheeler) 10.00 %
*
Educational Loan (For Males ) upto 3 lakh 14.00 %
*
Educational Loan (For Females ) upto 3 lakh 13.50 %
*
Educational Loan (For Males ) above 3 lakh 13.00 %
*
Educational Loan (For Females ) above 3 lakh 12.50 %
* Housing Loan (Upto Rs.5.00 Lakh) 10.00 %
*
Housing Loan (Above Rs.5.00 Lakh to 30 lakh) 10.50 %
*
Housing Loan (Above 30 lakh) 11.00 %
*
Term Loan to Builders 15.50 %
* Gold Loan(Ag. Pledge of Ornaments) 12.50%
* Term Loan to Public Trust Registered under Bombay Public Trust Act 1950 13.00%
* Privilege Term Loan 12.75%

1. Loan Against our Bank own FDR : Additional 0.90% Interest above FDR Interest
2. OD / Loan against our bank FDR : Additional 0.90% Interest above FDR Interest
  (Note : The above rate of interest shall also be applicable for 3rd party FDR Loan / OD Respectively)

(C)
Penal / Additional Interests
*
1.0 % additional interest for TOD & ADHOC Limit
*
2.0 % on all overdue accounts
Note : In case of any loan account does not get fully repaid in spite of recovery / repayment of regular EMI, the repayment period can be extended suitably till 'Closure of a/c
In case of Additional Housing Loans, the original Housing Loan a/c will attract interest @ 12.00% p.a and Additional Housing Loan granted to the same borrower will attract interest @13.50%
 

CONSORTIUM ADVANCES : All loans under Consortium Arrangement will attract interest as per Consortium decision from time to time.

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