Loans

Our Loan Facilities

Rate of Interest on Term Loan W.E.F 18.01.2024

Type of Loan	Maximum Amount Limit	Period	Rate of Interest
Surety Loan	25,000	36 months	15.00 %
Surety Loan	50,000 upto One Lakh	48 months	15.00 %
Jewel Loan	Thirty Lakh	12 months	11.50 %
Housing Loan	1.30 Crore	240 months	10.25 %
House repair Loan	Five Lakh	120 months	14.00 %
Vehicle Loan – Two Wheeler	-----	36 months	11.50 %
Vehicle Loan – Four Wheeler (Private use – New)	-----	84 months	10.00 %
Vehicle Loan – Three Wheeler (Commercial Vehicle)	-----	48 months	12.00 %
Vehicle Loan – Four Wheeler (Commercial Vehicle)	-----	60 months	12.00 %
Electric Vehicle Loan – Two Wheeler	-----	36 months	11.50 %
Electric Vehicle Loan – Three Wheeler	-----	48 months	11.75 %
Electric Vehicle Loan – Four Wheeler	-----	60 months	10.75 %
Vehicle Loan – Four Wheeler (Second Hand below 5 years)	-----	36 months	14.00 %
Machinery Purchase	-----	48 months	11.50 %
Hypothecation Loan	Five Lakh	36 months	14.50 %
Overdraft Facility	Upto Fifty Lakh	12 months	13.50 %
Overdraft Facility	One Crore	12 months	13.00 %
Mortgage Loan	Below 25 Lakh	120 months	12.50 %
Mortgage Loan	Above 25 upto 50 lakh	120 months	12.25 %
Mortgage Loan	Above 50 Lakh Upto 75 Lakh	120 months	11.25 %
Mortgage Loan	Above 75 Lakh Upto 1.30 Crore	120 months	10.50 %
Mortgage Loan	Above 75 Lakh Upto 1.30 Crore	180 months	11.00 %
Site Purchase (Commercial / Residential )	-----	120 months	13.50 %
Commercial Building (Construction / Purchase )	-----	120 months	12.00 %
Solar Panel (For Domestic Purpose)	Two Lakh	36 months	11.00 %
Loan to Professionals* – Office Purchase	Forty Lakh	120 months	10.75 %
Loan to Professionals* – Office Interiors & Furnishing	Ten Lakh	120 months	10.75 %

*Professionals includes only Chartered Accountants, Advocates, Engineers & Doctors

*Loan for Solar Panel is only for existing housing loan customers