Interest Rates - Loans and Advances

Interest Rate Effective From 1st Jestha, 2079 (15th May, 2022)

A.     For Individual Borrower availing Term Loan 

CREDIT FACILITIES Fixed Interest rates (In %) FLOATING INTEREST BAND (if opted by the borrower)
Repayment upto 7 Years Repayment upto 10 Years Repayment period above 10 Years
Housing Loan (upto 1 cr.) 12.33% 13.33% 14.33% Base Rate + up to 7.00%
Housing Loan (above 1 cr.) 12.83% 13.83% 14.83% Base Rate + up to 7.00%
Hire Purchase 12.83% 13.83% Base Rate + up to 7.00%
Vehicle Loan 12.83% 13.83% Base Rate + up to 7.00%
Education Loan 13.08% 14.08% Base Rate + up to 7.00%
Flexi Loan 14.33% 15.33% Base Rate + up to 7.00%
Professional Loan 13.08% 14.08% Base Rate + up to 7.00%
Future Lease Loan 13.08% 14.08% Base Rate + up to 7.00%
Retail Space Loan 13.08% 14.08% Base Rate + up to 7.00%
Loan against consumable goods 13.08% 14.08% Base Rate + up to 7.00%
Loan against Pension 12.58% 13.58% Base Rate + up to 7.00%
Advance against Life Insurance Policy 13.08% 14.08% Base Rate + up to 7.00%
Agro Loan 12.33% 13.33% Base Rate + up to 7.00%
Deprived Sector 13.08% 14.08% Base Rate + up to 7.00%

B.     For Others

CREDIT FACILITIES Fixed Interest rates (In %) FLOATING INTEREST BAND (if opted by the borrower)
Repayment Period
Upto 5 Years Upto 10 Years Above 10 years
WC-OD/ STL/ DL/ TR Base Rate + up to 7.00%
Term Loan 12.50% 13.50% 14.50% Base Rate + up to 7.00%
Hire Purchase 13.00% 14.00% 15.00% Base Rate + up to 7.00%
Vehicle Loan 13.00% 14.00% 15.00% Base Rate + up to 7.00%
Flexi Loan-TL 13.00% 14.00% 15.00% Base Rate + up to 7.00%
Flexi Loan-Overdraft (below Rs. 50 Lacs) Base Rate + up to 7.00%
Flexi Loan-Overdraft (Rs. 50 Lacs and above) Base Rate + up to 7.00%
Margin Lending Base Rate + up to 7.00%
USD denominated FCY loan Base Rate + up to 7.00%
Loan against liquid assets (FDR, Govt. Bond/ National Saving Bond) up to 3% above coupon rate
Deprived Sector (MFI ) 12.00% 13.00% 14.00% Base Rate + up to 7.00%
Deprived Sector (Others) 12.50% 13.50% 14.50% Base Rate + up to 7.00%
Future Lease Loan 12.50% 13.50% 14.50% Base Rate + up to 7.00%
Retail Space Loan 12.50% 13.50% 14.50% Base Rate + up to 7.00%
Agro Loan 12.50% 13.50% 14.50% Base Rate + up to 7.00%
  • Relaxation of 1% in ROI shall be extended to Senior Citizens, Dalit, Mukta Kamaiya, Baadi, Haliya, war victims, single women and disabled individuals under Deprived Sector Loan.
  • Interest rates on consortium loans shall be as per consortium decision.
  • Penal [email protected]% shall be applied in irregular/watch-list/ NPA account.

Base Rate:  8.48 % (as on Chaitra end )

Spread Rate:  3.55% (as on Chaitra end)

Click here to see previous Interest Rate details