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 |
9.50% to 11.75% |
10.00% to 12.50% |
|
2.
|
Affordable Housing Loan |
Floating Rate |
9.50% to 11.75% |
10.00% to 12.50%* |
|
3.
|
Credit Linked subsidy scheme |
Floating Rate |
9.50% to 11.75% |
10.00% to 12.50% |
|
4.
|
Composite Housing Loan |
|
|
a) Sites situated in layouts developed by Govt. Dev. Agencies |
Floating Rate |
9.75% to 12.00% |
10.25% to 12.75% |
| b) Sites situated in approved private layouts. |
Floating Rate |
10.50% to 12.75% |
11.00% to 13.50% |
|
5.
|
Individual Housing loan - Super |
Interest rate is fixed for 3 years |
11.00% to 13.50% |
11.50% to 14.25% |
|
6.
|
Commercial Housing loan |
|
|
a) Up to 4 units |
Floating Rate |
10.00% to 14.00% |
10.50% to 14.75% |
| b) Above 5 Units |
Floating Rate |
11.00% to 15.00% |
11.50% to 15.75% |
|
7.
|
IHL- Cash Salary |
Floating Rate |
11.00% to 13.25% |
Not applicable |
|
8.
|
special Urban Housing refinance Scheme (Direct) |
Floating Rate |
11.75% |
|
9.
|
Special Urban Housing Refinance Scheme Indirect) |
Floating Rate |
12.75% |
* 8.40% 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 |
10.75% to 13.00% |
11.25% to 13.75% |
| b) Sites situated in approved private layouts. |
Floating Rate |
12.25% to 14.50% |
12.75% to 15.25% |
|
2.
|
Mortgage Loan |
Floating Rate |
12.50% to 13.50% |
13.00% to 14.00% |
|
3.
|
Flexi Loan |
Floating Rate |
12.50% to 13.50% |
13.00% to 14.00% |
|
4.
|
Loan against commercial properties |
Floating Rate |
12.75% to 13.75% |
13.25% to 14.25% |
|
5.
|
Personal Loans |
Floating Rate |
11.75% to 12.75% |
12.25% to 13.25% |
|
6.
|
Builder Loan |
Floating Rate |
13.25% to 14.25% |
|
7.
|
Line on credit |
Floating Rate |
12.50% |
|
8.
|
Loan Against rent receivable |
Floating Rate |
11.50% to 12.50% |
|
9.
|
CFHL Nishchint loan for pensioners |
Floating Rate |
10.75% |
Deposits
Fixed Deposits:
|
Period of deposits (In months)
|
Deposits upto Rs.1 cr
|
Bulk deposits >Rs.1 cr
|
|
General Public
|
Senior Citizen
|
|
12
|
7.50%
|
8.00%
|
7.60%
|
|
13-36
|
7.60%
|
8.10%
|
7.65%
|
|
37-60
|
7.60%
|
8.10%
|
7.65%
|
Cumulative Deposits:
|
Period of deposits (In months)
|
Deposits upto Rs.1 cr
|
Bulk deposits >Rs.1 cr
|
|
General Public
|
Senior Citizen
|
|
12
|
7.50%
|
8.00%
|
7.60%
|
|
13-36
|
7.60%
|
8.10%
|
7.65%
|
|
37-60
|
7.60%
|
8.10%
|
7.65%
|