Loan Interest Rates

Sr.
No.

Type of Loan

Effective Rate of Rules Rebate

1.

Operative Loan A/c

1. Cash Credit Secured -

       Priority Purpose

10.75%*

2.

Hypothecation on Stocks-

1. Priority Purpose -

10.50%*

3.

Term Loans-

A. Plant and Machinery –

Term Loan for New Units

10.50%*

B. MSME Units - Registered Under, MIDC,

       Udyog AADHAR (Priority Sector)

10.00%*

C. Business Term Loans -

1. Term Loan to CC Secured, Hypothecations, Under Priority Sector who is enjoying working capital facility
2.  Term Loan for Own Premises Commercial Purpose

     For Non Priority Purpose

10.00%*

10.50%*

4.

Pledge of Goods-
Stored at MSW Corporation, Approved Cold Storage Units,

10.50%*

5.

Housing Loans -

Maximum Loan Limit 140 Lakh

1. Standard – I Income Category
1. Women –
2. Gents –

9.00%*

9.10%*

6.

Vehicle HP Term Loans -

A. New private Car Vehicles   

B. Commercial heavy Vehicles

9.00%*

10.00%*

7.

Loan Against Gold Ornaments -

A. Bullet Payments

        Maximum Rs.4 Lakh

B. Term Loan

        Maximum Rs.10 Lakh

C. Cash Credit

        Maximum Rs.15 Lakh

8.95%*

8.50%*

9.50%*

8.

Hasti Sulab Loans -

12.00%*

9.

Loan Against Property -

11.50%*

10.

Education Loans -

1. Loan upto Rs20 Lakh
2. Loan Above Rs.20 Lakh upto 50 Lakh

9.50%*
10.50%*

11.

Professionals Term Loans-

For Doctor's, Engineer's, Architect, CA's, to construct, Purchase, Own premises, Instruments, Machinery, Furniture's, Interior etc

9.50%*

12.

Salary Earns Loans-

10.50%*