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Updates:
Rate of Interest
Loans (W.E.F. March 01, 2025)
| S No. | Type of Loan | Rate of Interest % p.a. |
|---|---|---|
| 1. | Unsecured loans : Surety loans, OD against personal surety up-to 5.00 lakhs |
12.00% to 14.00% |
| 2. | Home Loan | 8.75% to 10.75% |
| 3. | Vehicle Loans
(Personal) |
8.75%to 11.00% |
| 4. | Vehicle Loans
(Commercial & Two Wheeler) |
11.00% |
| 5. | Gold Loan | 11.00% |
| 6. | Loan against Property (LAP) | 9.75% to 11.75% |
| 7. | Cash Credit Limit/Working capital Limit
(Against Stock/Book Debts) Overdraft for Business) |
10.00% to 12.00% |
| 8. | Purchase / Installation of Plant & Machinery / Acquiring Capital Equipments | 12.00% |
| 9. | Against Future realizations
(Lease Rent Discounting) |
15.00% |
| 10. | Loan & Advances Against
NSC/KVP/LIC |
9.50% |
| 11. | Smart OD/Easy Loan | 12.00% to 14.00% |
| 12. | For Construction/Acquiring/ Renovations/Additions to Industrial/ Residential/Commercial Property | 12.50% |
| 13. | Construction Loans Bawana/Bhorgarh/Narela Industrial Unit | 11.00% |
Deposits (W.E.F. 1st January 2024)
| S No. | Period of Deposit | Rate of Interest % p.a. |
|---|---|---|
| 1. | 30 days to 90 days | 4.50% |
| 2. | 91 days to 180 days | 5.00% |
| 3. | 181 days to 1 year | 6.00% |
| 4. | Above 1 year to 3 years | 7.25% |
| 5. | Above 3 years | 7.00% |
An additional 0.50% p.a. interest on the terms deposits of one year and above is being paid to senior citizen. Furthermore.
Special interest rates on single deposits of Rs 1.00 crore and above are approved by the Head office.
On A/c of premature payment of Term Deposits 1% less (of card rate) will be paid for which the deposit remained with the Bank, and not at the contracted rate.
Saving Bank Deposit A/c – 3.00%
Subject to change from time to time.