| Home | Branch Network | Feedback | Careers | Contact Us | Site Map |


                                           








Special Loan


Sr. No. Size of Advance Rate of Interest
1 HOUSING LOANS 
Upto    Rs.  5.00 Lacs
Above Rs.  5.00 Lacs to Rs. 15.00 Lacs
Above Rs.15.00 Lacs


12.00 %
12.50 %
13.00 %

2 HOUSE REPAIR LOAN 16.00 %
3 CAR FINANCE TO REGD PROFESSIONAL 12.00 %
4 “ RIDE-ON” FINANCE FOR TWO WHEELERS
Opened for all to purchase new two wheeler
14.00 %
5 OWN YOUR CAR SCHEME
For purchase of New Brand Car for own use
13.00 %
6

HEAVY VEHICLE LOAN -NEW

HEAVEY VEHICLE LOAN-OLD

13.00 %

15.50 %

7

AUTO RIKSHAW LOAN - NEW

AUTO RIKSHAW LOAN - OLD

14.00 %

16.00 %

8

CNG KIT LOAN (AUTO & TAXI)

16.00 %

9

EDUCATION LOAN
Upto 5 Lacs
Above Rs. 5 Lacs to Rs. 15 Lacs


13.00 %
14.00 %

10 PERSONAL/CONSUMER LOANS
Upto Rs. 5.00 Lacs
A) SECURED AGAINST DIRECT DEDUCTION UNDER SECTION 49 OF MSC ACT 1960

For personal Loan where undertaking of Direct deduction from the salary of Borrower under section 49 of MSC Act 1960 from the Company of Organized Sector viz. Government /Semi. Government Undertaking/Public Sector Undertaking. Employees working in private lt. companies, proprietary and partnership concerns will not considered under this scheme.
14.50 %
B ) UNSECURED PERSONAL/CONSUMER LOANS
      i.e. LOAN OTHER THAN TYPE ‘A’
16.50 %
11 LOAN AGAINST GOLD ORNAMENTS 12.50 %
12 OVERDRAFT AGAINST GOLD 13.00 %
13 OD & LOAN AGAINST GOVT. SECURITIES (NSC, KVP, LIC etc.) 13.00 %
14

SPECIAL SCHEME FOR CASH CREDIT TO JEWELLERS
Upto 10.00 lacs
Above Rs.10.00 lacs To Below Rs.1 Crore
Rs.1 Crore and above


14.50 %
13.50 %
13.00 %

15

CASH CREDIT AGAINST HYP. OF GOODS
Upto 10.00 lacs
Above Rs.10.00 lacs To Below Rs.50 lacs
Above Rs.50.00 lacs


14.50 %
14.00 %
13.50 %

16 Loan & Advances to Commercial Real Estate 15.50 %
17 TOD (Sanctioned by Board as well as Sanctioned by Manager Under 10 % criteria) 2% more than rate applicable to CC/OD
18

SMALL SCALE INDUSTRIES (SSI UNIT)
TERM LOAN AGAINST MORTGUAGE OF PROP. & OD AGAINST FIXED ASSET
Upto 10.00 lacs
Above Rs.10.00 lacs To Below Rs.50 lacs
Above Rs.50.00 lacs



14.50 %
14.00 %
13.50 %

19

SMALL SCALE INDUSTRIES (SSI UNIT)
CASH CREDIT
Upto 10.00 lacs
Above Rs.10.00 lacs To Below Rs.50 lacs
Above Rs.50.00 lacs



13.50 %
13.00 %
12.50 %


map

Address: 217, Raja Rammohan Roy Road, Girgaum, Mumbai- 400 004.