Loan

HomeLoan

Current Applicable interest on Loan and Advance

SL.NO. Size of credit Limit Rate of Interest
1 CN, MT & ST Unsecured upto Rs.4000.00 11.50%
2 Long Term Loan
i Secured upto Rs.25000.00 10.50%
ii Secured from Rs.25001.00 to Rs.200000.00 11.00%
iii Secured from Rs.200001.00 to Rs.500000.00 11.50%
iv Secured from Rs.500001.00 to Rs.1000000.00 11.50%
v Above Rs.1000000.00 12.00%
3 House Building Loan 10.00%
4 Vehicle Loan (Four Wheeler) 9.50%
5 CN, MT, ST & OD Secured over Rs.4000.00
i Secured upto Rs.25000.00 11.50%
ii Secured from Rs.25001.00 to Rs.200000.00 12.00%
iii Secured from Rs.200001.00 to Rs.500000.00 12.50%
iv Secured from Rs.500001.00 to Rs.1000000.00 12.50%
v Above Rs.1000000.00 13.00%
6 Demand Loan against Term Deposit 2% extra on TD int.
7 Demand Loan against NSC/KVP/LIC 12.00%
8 Two Wheeler Loan 13.00%
9 Member Gold Loan 12.00%
10 Nominal Member Gold Loan 13.00%
11 Nominal Member Gold Loan(Bullet) 12.00%
  • Maximum amount of loan limit under HB Rs.25.00 Lakh.
  • Maximum amount of loan limit under OD Rs.40.00 Lakh.
  • Maximum amount of loan limit under Two Wheeler Loan = 70% of Two wheeler value or Rs.1.00 Lakh which one is lower.
  • Maximum amount of loan limit under Car/Four Wheeler Loan = 80% of Car/Four wheeler value.
  • Maximum amount limit under Mortgage Loan for Govt. Service Holder is Rs.2.00 Lakh.
  • Maximum amount limit under Mortgage Loan for Non Govt. Service Holder is Rs.1.00 Lakh.
  • Maximum amount limit under Service Security Loan is Rs.3.00 Lakh.
  • Maximum amount limit under Unsecured Loan is Rs.4000.00.
  • Loan against NSC/KVP/LIC is 70% to 80% of the principal amount / Surrender value.
  • Loan by pledging Term Deposit of Khardah Co-opt. Bank Ltd. Is 85% of Face Value.
  • Gold Loan is 60% of the net value of Gold Ornaments.
ROI BASED ON CIBIL/CIC SCORE
EFFECTIVE FROM 17.10.2022
TYPE OF LOAN AND PURPOSE CIBIL/CIC SCORE
>=800 750<800 700<750 650<700 600<650 <600 (-) TO 05
GOVT./GOVT UNDERTAKING EMPLOYEES/BANK(NATIONALIZED)(%) OTHERS(%) GOVT./GOVT UNDERTAKING EMPLOYEES/BANK(NATIONALIZED)(%) OTHERS(%) GOVT./GOVT UNDERTAKING EMPLOYEES/BANK(NATIONALIZED)(%) OTHERS(%) GOVT./GOVT UNDERTAKING EMPLOYEES/BANK(NATIONALIZED)(%) OTHERS(%) GOVT./GOVT UNDERTAKING EMPLOYEES/BANK(NATIONALIZED)(%) OTHERS(%) GOVT./GOVT UNDERTAKING EMPLOYEES/BANK(NATIONALIZED)(%) GOVT./GOVT UNDERTAKING EMPLOYEES/BANK(NATIONALIZED)(%) OTHERS(%)
HOUSE BUILDING LOAN 8.75 9.25 9.00 9.50 9.50 9.75 10.00 10.25 10.50 11.00 12.00 12.50 10.00 10.25
HOUSE REPAIRING LOAN 9.00 9.50 9.25 9.75 9.75 10.00 10.25 10.50 10.75 11.25 12.25 12.75 10.25 10.50
GOLD LOAN 10.00 10.50 10.50 11.00 11.00 11.50 11.50 12.00 12.50 13.00 13.00 13.50 11.50 12.00
MORTGAGE LOAN 10.50 11.00 11.00 11.50 11.50 12.00 12.00 12.50 12.50 13.00 13.00 13.50 12.00 12.50
TWO WHEELER LOAN 11.00 11.50 11.50 12.00 12.00 12.50 12.50 13.00 13.00 13.50 13.50 14.00 12.50 13.00
LAND PURCHASE LOAN 10.00 10.50 10.50 11.00 11.00 11.50 11.50 12.00 12.00 12.50 12.50 13.00 11.00 11.50
PERSONAL LOAN 11.00 11.50 11.50 12.00 12.00 12.50 12.50 13.00 13.00 13.50 13.50 14.00 12.50 13.00
CASH CREDIT/OVERDRAFT NA 11.00 NA 11.50 NA 12.00 NA 13.00 NA 14.00 NA 14.50 NA 13.00
FOUR WHEELER LOAN 8.75 9.00 9.00 9.50 9.25 9.75 9.75 10.25 10.75 11.75 12.00 12.75 9.75 10.25
CONSUMPTION LOAN 11.00 11.50 11.50 12.00 12.00 12.50 12.50 13.00 13.00 13.50 13.50 14.00 12.50 13.00
BUSINESS TERM LOAN NA 11.00 NA 11.50 NA 12.00 NA 13.00 NA 14.00 NA 14.50 NA 13.00
DL – ROI ON T.D. + 2%
DN- @12%(IRRESPECTIVE OF CIBIL/CIC SCORE