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 (Priority Sector)

4.00% below PLR

3.75% below PLR

3.50% below PLR

8.50%

5 a

Housing Loan (Non – Priority Sector)

3.50% below PLR

3.25% below PLR

3.00% below PLR

9.00%

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

3.50% below PLR

3.75%% below PLR

4.00% below PLR

8.50%  For the Festival Season from 09.09.2024 to 08.11.2024

9

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

0.50% below PLR

0.25% below PLR

At PLR

12.00%

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

8.50%  (For the Festival Season from 09.09.2024 to 08.11.2024)

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%