Rate of Interest on Loans
Housing Loan products
|
Sr. No.
|
Product Name
|
Interest Type
|
Interest Rate |
|
Salaried and Professionals |
Self-Employed non-professional |
|
1. |
Individual Housing Loan |
Floating Rate |
7.75% to 9.25% |
8.25 % to 9.75% |
|
2. |
Affordable Housing Loan |
Floating Rate* |
7.75% to 9.25% |
8.25 % to 9.75% |
|
3. |
Credit Linked subsidy scheme |
Floating Rate |
7.75% to 9.25% |
8.25 % to 9.75% |
|
4. |
Composite Housing Loan |
|
|
a) Sites situated in layouts developed by Govt. Dev. Agencies |
Floating Rate |
8.00 % to 9.50% |
8.50% to 10.00% |
| b) Sites situated in approved private layouts. |
Floating Rate |
8.75% to 10.25% |
9.25% to 10.75% |
|
5. |
Commercial Housing loan |
|
|
a) Up to 4 units |
Floating Rate |
7.85 % to 10.35% |
8.35% to 10.85% |
| b) Above 5 Units |
Floating Rate |
7.90 % to 10.40% |
8.65 % to 10.90% |
|
6. |
IHL- Cash Salary |
Floating Rate |
9.55% to 11.80% |
Not applicable |
|
7. |
special Urban Housing refinance Scheme (Direct) |
Floating Rate |
10.55% |
|
8. |
Special Urban Housing Refinance Scheme Indirect) |
Floating Rate |
11.55% |
*Fixed for 7 years from the date of receipt of refinance from NHB.
Non-Housing Loan products
|
Sr. No. |
Product Name
|
Interest Type
|
Interest Rate |
|
Salaried and Professionals |
Self-Employed non-professional |
|
1. |
Site Loan |
|
|
a) Sites situated in layouts developed by Govt. Dev. Agencies |
Floating Rate |
9.00% to 10.50% |
9.50% to 11.00% |
| b) Sites situated in approved private layouts. |
Floating Rate |
10.00% to 11.75% |
10.50% to 12.25% |
|
2. |
Mortgage Loan |
Floating Rate |
10.30% to 11.30% |
10.80% to 11.80% |
|
3. |
Flexi Loan |
Floating Rate |
10.30% to 11.30% |
10.80% to 11.80% |
|
4. |
Loan against commercial properties |
Floating Rate |
10.55% to 11.55% |
11.05% to 12.05% |
|
5. |
Personal Loans |
Floating Rate |
9.55% to 10.55% |
10.05% to 11.05% |
|
6. |
Builder Loan |
Floating Rate |
12.25% to 13.25% |
|
7. |
Line on credit |
Floating Rate |
11.50% |
|
8. |
Loan Against rent receivable |
Floating Rate |
9.55% to 10.55% |
|
9. |
CFHL Nishchint loan for pensioners |
Floating Rate |
9.00% |
Deposits
Fixed Deposits:
|
Period of deposits (In months) |
Deposits upto Rs.1 cr |
Bulk deposits >Rs.1 cr |
|
General Public |
Senior Citizen |
|
12 |
6.75% |
7.25% |
6.75% |
|
13-36 |
7.00% |
7.50% |
7.00% |
37-48 |
7.00% |
7.50% |
7.00% |
|
48-60 |
7.00% |
7.50% |
7.00% |
Cumulative Deposits:
|
Period of deposits (In months) |
Deposits upto Rs.1 cr |
Bulk deposits >Rs.1 cr |
|
General Public |
Senior Citizen |
|
12 |
6.75% |
7.25% |
6.75% |
|
13-36 |
7.00% |
7.50% |
7.00% |
37-48 |
7.00% |
7.50% |
7.00% |
|
48-60 |
7.00% |
7.50% |
7.00% |