INFORMATION ON INTEREST RATES AND SERCICE CHARGES AS PER RBI FORMAT by bigbro22

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									INFORMATION ON INTEREST RATES AND SERCICE CHARGES AS PER RBI FORMAT

             LOANS                                RATE OF INTEREST [%]                               PROCESSING
                                                                                                      CHARGES

     1. HOUSING LOAN           Upto Rs.20 lakhs More than Rs.20 Above Rs.30 lakhs
                                                lakhs Upto Rs.30
                                                      lakhs
Floating category
Upto 5 years                                 10.50              10.50                    12.25 0.50% of the loan
More than 5 yrs & upto 15yrs                 10.75              11.75                    12.25 limit sanctioned
Above 15 yrs                                 11.25              11.25                    12.50 subject to a minimum
Fixed Category                                                                                   of Rs.10,000/- and
Upto 5 years                                 12.00              12.00                    13.00 maximum of
More than 5 yrs & upto 10yrs                 12.50              12.50                    13.25 Rs.20000/
Above 15 yrs                                 12.75              12.75                    13.25


2. PERSONAL LOANS              Rate of Interest                                    Processing charges
                               [irrespective of
                               Limit]
a. Corp Consumer                             14.75                      Rs.500/ irrespective
                                                                        of the loan amount
b. Corp Personal Loan                        15.25                      1.00% of the loan
                                                                        amount subject of a
                                                                        minimum of
                                                                        Rs.250/-

3. VEHICLE LOAN                Rate of Interest                                                  Processing Charges
                               [irrespective of
                               number of
                               vehicle]
a. Corp Mobile                                                  13.00                            2&3 Wheeler
                                                                                                 0.50% of the loan amt
                                                                                                 sanctioned, subject to
                                                                                                 minimum of Rs.500/-
                                                                                                 4 Wheeler
                                                                                                 1.00% of the loan amt
                                                                                                 sanctioned, subject to
                                                                                                 minimum of Rs.1000/-

4. EDUCATIONAL LOAN                           Rate of Interest [ For Studies in India & Abroad ]
                                        Upto Rs.7.50 lakhs                         Above Rs.7.50 lakhs
                                    Secured           Unsecured                Secured                 Unsecured
Corp Vidya                           12.25              12.25                   11.5                     12.25
Processing Charges                                                       NIL

								
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