|
Prime Lending Rate |
13.75% w. e. f. 01.07.2008 |
INTEREST RATES: PERSONAL SEGMENT ADVANCES
EFFECTIVE 01.07.2008
|
Schemes |
Rate of Interest % p.a. |
|
Floating |
Fixed |
| Housing Loans |
Up to 15 years
Loans up to Rs. 30 lacs
Loans above Rs. 30 lacs |
3.25% below BPLR i.e. 10.50%
3.00% below BPLR i.e. 10.75% |
Up to 10 years only
12.75%
12.75% |
15 to 20 years
Loans up to Rs. 30 lacs Loans above Rs. 30 lacs |
3.00% below BPLR i.e. 10.75%
2.75% below BPLR i.e. 11.00% |
Not applicable |
| Education Loans |
Loans up to Rs. 4 lacs
|
1.50% below BPLR i.e. 12.25% |
Not applicable |
Loans above Rs.4 lacs &
upto Rs. 7.50 lacs |
At BPLR i.e. 13.75% |
Not applicable |
Loans above Rs. 7.50 lacs
|
2.00% below BPLR i.e. 11.75% |
Not applicable |
| |
Two wheeler Loans |
1.25% above BPLR i.e. 15.00% |
15.00% |
Personal Loans |
2.00% above BPLR i.e. 15.75% |
Not applicable |
Loans to Pensioners
Special Campaign offer till 30.09.2008 |
At BPLR i.e. 13.75%
2% below BPLR i.e. 11.75% |
Not applicable |
Loan against Mortgage of Immovable Property |
At BPLR i.e. 13.75% |
Not applicable |
| Loan against gold ornaments |
Loans up to Rs. 1 lac
Loans above Rs. 1 lac |
0.25% above BPLR i.e. 14.00%
0.75% above BPLR i.e. 14.50% |
Not applicable
Not applicable |
| Loans against RBI Relief Bonds |
Loans up to 3 years / Overdrafts
Loans above 3 years |
1.75% below BPLR i.e. 12.00%
1.25% below BPLR i.e. 12.50% |
Not applicable
Not applicable |
| Advances against NSC/ KVP/ Surrender Value of LIC policies |
Loans up to 3 years / Overdrafts
Loans above 3 years |
1.75% below BPLR i.e. 12.00%
1.25% below BPLR i.e. 12.50% |
Not applicable
Not applicable |
| |
SBS Rent Plus Scheme |
At BPLR i.e. 13.75% |
Not applicable |
SBS Medi Plus Scheme |
At BPLR i.e. 13.75% |
Not applicable |
Loans against Shares/ Debentures / Bonds |
At BPLR i.e. 13.75% |
Not applicable |
| Car Loans (For New Car) (Festival Bonanza Offer till 30.09.2008) |
Premier Segment Car loans i.e. Loans for Rs. 8 lacs and above with repayment up to 3 years |
1.75% below BPLR i.e. 12.00% |
Not applicable |
Non Premier Segment Car Loans |
Up to 7 years
|
1.75% below BPLR i.e. 12.00% |
13.00% (for loans up to Rs. 5 lacs only) |
Loan for Used Cars |
Up to 36 months
|
1.00% above BPLR i.e. 14.75% |
14.75% (for loans up to Rs. 5 lacs only) |
Above 36 months
|
1.25% above BPLR i.e. 15.00% |
15.00% (for loans up to Rs. 5 lacs only) |
| |
Loan for Deposit of Earnest Money for Allotment of Plot |
At BPLR i.e. 13.75%
|
Not applicable |
Reverse Mortgage Loan
|
Not applicable |
10.75% (Fixed) |
| |
Loans/overdrafts against Bank's own Domestic & NRO Time Deposit (for all segments) |
- 1% over the rate paid on the relative time deposit offered as security if the loan amount is below Rs.5.00 crores.
- 0.75% over the rate paid on the relative time deposits offered as security, where loan amount is Rs.5.00 crores and above
|
