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 |
8.80% to 11.05% |
9.80% to 12.30% |
|
2. |
Affordable Housing Loan |
Floating Rate* |
8.80% to 11.05% |
9.80% to 12.30% |
|
3. |
Credit Linked subsidy scheme |
Floating Rate |
8.80% to 11.05% |
9.80% to 12.30% |
|
4. |
Composite Housing Loan |
|
|
a) Sites situated in layouts developed by Govt. Dev. Agencies |
Floating Rate |
9.05 % to 11.30% |
10.05% to 12.55% |
| b) Sites situated in approved private layouts. |
Floating Rate |
9.80% to 12.05% |
10.80% to 13.30% |
|
5. |
Individual Housing loan - Super |
Interest rate is fixed for 3 years |
10.30% to 12.80% |
11.30% to 14.05% |
|
6. |
Commercial Housing loan |
|
|
a) Up to 4 units |
Floating Rate |
9.30% to 13.30% |
10.30% to 14.55% |
| b) Above 5 Units |
Floating Rate |
9.80% to 13.80% |
10.80% to 15.05% |
|
7. |
IHL- Cash Salary |
Floating Rate |
10.30% to 12.75% |
Not applicable |
|
8. |
special Urban Housing refinance Scheme (Direct) |
Floating Rate |
11.05% |
|
9. |
Special Urban Housing Refinance Scheme Indirect) |
Floating Rate |
12.05% |
*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 |
10.05% to 12.30% |
11.05% to 13.55% |
| b) Sites situated in approved private layouts. |
Floating Rate |
11.55% to 13.80% |
12.55% to 15.05% |
|
2. |
Mortgage Loan |
Floating Rate |
11.80% to 12.08% |
12.80% to 13.80% |
|
3. |
Flexi Loan |
Floating Rate |
11.80% to 12.08% |
12.80% to 13.80% |
|
4. |
Loan against commercial properties |
Floating Rate |
12.05% to 13.05% |
13.05% to 14.05% |
|
5. |
Personal Loans |
Floating Rate |
11.05% to 12.05% |
12.05% to 13.05% |
|
6. |
Builder Loan |
Floating Rate |
12.80% to 13.80% |
|
7. |
Line on credit |
Floating Rate |
12.05% |
|
8. |
Loan Against rent receivable |
Floating Rate |
11.05% to 12.05% |
|
9. |
CFHL Nishchint loan for pensioners |
Floating Rate |
10.05% |
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%
|