Interest Rates on Loans
| S.No | Slab/Category | Rate of Interest General |
|---|---|---|
| % p.a | ||
| W.E.F 01-12-2022 | ||
| Type of Loan | Interest % p.a | |
| 1 | Housing Loan | 11.00 |
| 2 | Repairs/Additions/alterations | 11.50 |
| Business Development | ||
| 1 | Upto Rs.25.00 lakhs | 13.50 |
| 2 | >Above Rs.25.00 lakhs | 12.50 |
| Vehicle Loan | ||
| 1 | Purchase of new car | 11.50 |
| 2 | Used Cars[Not more than 8 yrs old] | 12.50 |
| 3 | Unsecured loans to shop keepers | 14.00 |
| Jewel Loans | ||
| 1 | Normal [12 months] | 12.50 |
| 2 | Eenadu Express Gold Loan [3 months] | 12.00 |
| Other Loans | ||
| 1 | Upto Rs.1.00 lakh | 14.00 |
| 2 | Above Rs.1.00 lakh | 15.00 |