Loaning Procedure

Revised Rate of Interest with Effect from 01/09/2003   

Slab

Size of Loans

Rate on Borrower

ORDINARY 
(i)
(ii)
(iii)

(w.e.f   01/02/2004)
Upto 50,000/- 
Above Rs.50,001 To Rs.2,00,000
Above Rs. 2 Lakh


9.50 
11.00 
11.50

FS      
(i)        
(ii)               


(iii)              



(iv)

(w.e.f    15/04/2004)
Upto 25,000/- 
Above 25001/- to Rs. 50000/-: and in the case of MI, Wasteland Development, LD, Dry Land Farming SGSY, SHGs upto Rs. 2 Lakhs. 
Above Rs.50,001/- toRs.2 lakhs  and in the case of Farm Mechanisation, Coldstorages, Rural Godown & Agri. Business Centres upto  Rs. 20 Lakhs (ii & iii slabs) ** 
Above Rs. 2 Lakhs for loans other than those mentioned above


8.50
9.00


10.00



11.00

NABARD RHS     
(i)          
(ii)                
(iii)          
(iv) 
 
Repairs        
(i)      
(ii)

(w.e.f 15-4-2004)
Upto 50,000/- 
Above Rs.50,001 To Rs.1,00,000
Above Rs.100001/- To Rs.2 Lakh
Above Rs. 2 Lakhs* (Above 2 Lakhs loans restricted to NHB) 
 
Upto 50,000/- 
Above Rs.50,001 To Rs.100,000/- 


9.00
9.50
10.00
11.00
 

9.50
10.00


   

NHB RHS     
(i)
(ii)
(iii)    (a)
          (b)

(w.e.f-2-2-2004)
Upto Rs. 2 Lakh.(Upto 7 Years)
Upto Rs. 2 Lakh.(Above 7 Years)
Above Rs. 2,00,001 To 5 Lakhs (Upto 7 Years)
Above Rs. 2,00,001To 5 Lakhs (Above 7 Years)


9.50
10.00
10.50
11.00

Upgradation and major Repairs

(i)
(ii)
(iii)     (a)
          (b)

 
 
 

Upto Rs. 2 Lakh(Upto 7 years).
Upto Rs. 2 Lakh(Above 7 years).
Above Rs.2,00,001To Rs.3 Lakh (Upto 7 Yrs) 
Above Rs.2,00,001To Rs.3 Lakh (Above 7 Yrs)

 
 
 

10.00
10.50
11.00
11.50

Gold Loan
 (i)
(ii)
(iii)

(w.e.f   01/07/2004)
Upto Rs. 25000 & Period upto 6 months
Rs. 25001 to Rs.50000 & Period upto 6 months
Upto Rs. 100000 Lakh  & Period upto 1 year


8.50
9.00
9.50

NFS
(i)
(ii)
(iii)

(w.e.f 15/04/2004)
Upto Rs.50000
Rs.50001 to Rs.2 Lakhs
Above 2 Lakhs


9.00
10.00
11.00


 
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