SN

Schemes

                      Credit Rating

Effective Rate for ‘A’ Rated a/c

A

B

C

1

Overdraft / Cash Credit against Hypothecation of Stocks / Book-Debts /

2.50% below PLR

2.25% below PLR

2.00% below PLR

10.00%

2

Overdraft / Cash Credit against LIC / Bonds / Govt. Securities / etc.

3.50% below PLR

3.25% below PLR

3.00% below PLR

9.00%

3

Overdraft Against Mortgage of Property

3.00% below PLR

2.75% below PLR

2.50% below PLR

9.50%

4

Loan Against Mortgage of Property

3.00% below PLR

2.75% below PLR

2.50% below PLR

9.50%

5

Housing Loan **

** The rates on Priority Sector Housing Loan Rate of Interest @ 8.50% p.a.

9.00%

9.25% 

9.50%

6

Loan Against Hypothecation of Movable Fixed Assets

2.50% below PLR

2.25% below PLR

2.00% below PLR

10.00%

7

Loan Against Hypothecation Commercial Vehicle

2.00% below PLR

1.75% below PLR

1.50% below PLR

10.50%

8

Loan for Four Wheeler to Individual / Firms for Business / Personal Use

4.25% below PLR

4.00% below PLR

3.75% below PLR

8.25%

9

Loan for Two Wheeler to Individual / Firms for Business / Personal Use

2.50% below PLR

2.25% below PLR

2.00% below PLR

10.00%

10

Education Loan

2.50% below PLR

2.25% below PLR

2.00% below PLR

10.00%

11

Loans to Professional (Doctor / CA / Architect / Engineer / etc.

2.50% below PLR

2.25% below PLR

2.00% below PLR

10.00%

12

Loan Against Pledge of Gold Ornaments

3.50% below PLR

3.25% below PLR

3.00% below PLR

9.00%

13

TOD / Adhoc / Excess over Sanctioned Limit

1.50% above PLR

1.75% above PLR

2.00% above PLR

14.00%

14

Loan / Overdraft Against Bank’s Own Deposit (Public & Staff both)

1.50% over interest on FDR pledged

15

All other loans not classified above

14.00%