Interest Rates-Retail Loans
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Annexure-A |
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Retail Loans |
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Rate of Interest w.e.f. 01.05.2024 |
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Sr. No. |
Description |
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Particulars |
ROI |
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1 |
Housing Loan |
Housing Loan Upto Rs.70.00 lakh under "Swapnapoorti Scheme" |
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(a) |
Under Prority Sector Both CIBIL Score is 700 & above ( Priority Sector - Loans to individuals up to Rs.35.00 lakh in metropolitan centres (with population of ten lakh and above) and up to Rs.25.00 lakh in other centres for purchase/ construction of a dwelling unit per family provided the overall cost of the dwelling unit in the metropolitan centre and at other centres does not exceed Rs.45 lakh and Rs.30 lakh respectively) |
9.05 |
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Under Prority Sector Both CIBIL Score is below 700 |
9.85 |
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(b) |
Under Non-Priority Sector Any One CIBIL Score is 700 & above |
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(i) |
New Flat with 5% Margin |
9.55 |
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(ii) |
Resale Flat with 15% Margin |
9.45 |
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(iii) |
New & resale Flat, Construction of House / Bungalow with 20% Margin |
9.35 |
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(c) |
Under Non-Priority Sector Both CIBIL Score is below 700 |
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(i) |
New Flat with 5% Margin |
10.05 |
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(ii) |
Resale Flat with 15% Margin |
9.95 |
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(iii) |
New & resale Flat, Construction of House / Bungalow with 20% Margin |
9.85 |
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Housing Loan above Rs.70.00 lakh and upto Rs.140.00 lakh under "Swapnapoorti Plus Scheme" |
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(d) |
Under Non-Priority Sector Any One CIBIL Score is 700 & above |
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(i) |
New Flat with 5% Margin |
10.05 |
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(ii) |
Resale Flat with 15% Margin |
9.95 |
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(iii) |
New & resale Flat, Construction of House / Bungalow with 20% Margin |
9.85 |
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(e) |
Under Non-Priority Sector Both CIBIL Score is below 700 |
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(i) |
New Flat with 5% Margin |
10.55 |
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(ii) |
Resale Flat with 15% Margin |
10.45 |
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(iii) |
New & resale Flat, Construction of House / Bungalow with 20% Margin |
10.35 |
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2 |
Housing Loans to EWS Citizens |
Maxmium Loan Amount upto Rs.20.00 lakh |
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Both CIBIL Score 700 &Above |
9.35 |
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Both CIBIL Score below 700 |
9.85 |
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Housing loan for purchase of Third Dwelling unit |
11.30 |
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3 |
Super Flexi Term Loan |
Maximum Loan Up to Rs. 10.00 lakh |
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Any One CIBIL Score 700 &Above |
11.10 |
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Both CIBIL score Below 700 |
11.30 |
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Super Flexi Overdraft |
Any One CIBIL Score 700 &Above |
12.10 |
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Both CIBIL score Below 700 |
12.30 |
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4 |
Flexi Term Loan |
Above Rs. 10.00 lakh Up to Rs. 50.00 lakh (Individual i.e. for personal Use/ Consumer expenditure) |
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Any One CIBIL Score 700 & Above |
11.10 |
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Both CIBIL score Below 700 |
11.30 |
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5 |
4 wheeler |
Upto Rs. 20.00 lakh(4Wheeler) & Repayment Period Upto 84 Months |
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Any One CIBIL Score 700 & Above |
8.85 |
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Both CIBIL Score below 700 |
9.35 |
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Above Rs. 20.00 lakh & Repayment Period Upto 84 Months |
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Any One CIBIL score 700 &Above |
9.35 |
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Both CIBIL score below 700 |
10.35 |
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6 |
Vehicle Loan for 2 wheeler (for personal use) |
Up to Rs. 20.00 lakh & Repayment period upto 60 Months |
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Any One CIBIL Score 700 & Above |
9.85 |
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Both CIBIL Score below 700 |
10.85 |
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Upto Rs.20.00 lakh (Electrical Vehicle) & Repayment Period Upto 36 months |
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Any One CIBIL Score 700 & Above |
9.35 |
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Both CIBIL Score below 700 |
10.35 |
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7 |
Vehicle Loan - Used Vehicle ( for personal use) |
Maximum Loan Up to Rs. 20.00 lakh |
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Any One CIBIL Score 700 & Above |
11.85 |
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Both CIBIL Score Below 700 |
12.35 |
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8 |
Education Loan |
Upto Rs.100.00 lakh |
10.25 (0.50% concession for Girl Students) In case of Option II - Funding of Interest , 1% additional interest to be charged. |
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(0.50% concession for Girl Students) |
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9 |
Consumer Loan - Solar Panel for home use |
Up to Rs. 5.00 Lakh |
11.50 |
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10 |
Personal Loan General |
Up to Rs. 5.00 Lakh |
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Any One CIBIL Score 700 & Above |
13.80 |
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Both CIBIL Score below 700 |
14.80 |
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11 |
Personal Loan against Kanasanchay Deposit |
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Any One CIBIL Score 700 & Above |
13.80 |
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Both CIBIL Score below 700 |
14.80 |
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12 |
Overdraft against Kansanchay Deposit (Mini Loan Scheme) |
13.30 |
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13 |
Loan to Pensioner |
11.30 |
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14 |
Loan Against Gold Ornaments |
Term Loan |
9.85 |
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15 |
Loan / Overdraft Against Gov Sec NSC / LIC / KVP |
9.85 |
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16 |
Salary Overdraft |
11.30 |
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Personal Loans : Secured Under Deduction Gurantee |
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17 |
Personal Loan Karad Nagar Parishad General |
Up to Rs.2.00 lakh |
16.10 |
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1)Above Rs. 2.00 lakh up to Rs.5.00 lakh 2)For existing loans with limit above Rs.5.00 lakhs, if any |
16.60 (For exiting loans only & our Exposure on unsecured loan is restricted to Rs. 5.00 lakhs only) |
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18 |
Personal Loan Karad Nagar Parishad Pensioners |
Up to Rs.2.00 lakh |
16.10 |
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Above Rs. 2.00 lakh up to Rs.4.00 lakh |
16.60 |
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19 |
Personal Loan Karad Nagar Parishad Blood Relatives |
upto Rs.2.00 lakh |
16.10 |
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Above Rs.2.00 lakh to Rs.3.00 lakh |
16.60 |
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20 |
Dns Micro Finance Scheme |
Personal loan (Maximum unsecured advance should not exceed Rs.5.00 lakh with our Bank) |
13.50 |
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21 |
Group Loan Scheme for Mathadi Workers, Karad (For New & Existing loan accounts) |
Up to Rs.5.00 lakh |
15.35 |
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22 |
DNS Top Loan |
Maximum Rs.25.00 lakh |
For New DNS Top up Loan, Additional ROI @ 1% to be charged over and above Housing Loan ROI) |
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*FOR ANY DEVIATION @0.50% ADDITIONAL INTEREST OVER & ABOVE APPLICABLE ROI TO BE CHARGED [AS A RISK PREMIUM] |
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Note : Fixed ROI option shall be applicable to Housing , Vehicle, Education Loans @ + 2% p.a on the ROI as above. |
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Fixed ROI application guidelines are available on common guidelines |
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