Note: Interst Rate is the same as GP Fund Interst Rate and this

Motorcycle Advance Interest Calculation

rate is taken from the year during which the amount is taken as
Amount of Advance 75000
No. of Installments 60
Interst Rate 12.5
Amount of Interest 23828.125
Total Amount Payable 98828.125

Motorcar Advance Interest Calculation

Amount of Advance 450000
No. of Installments 60
Interst Rate 12.5
Amount of Interest 142968.75
Total Amount Payable 592968.75

House Building Advance Interest Calculation

Amount of Advance 700000
No. of Installments 120

Advance
Interst Rate 13.7
Amount of Interest 483496
Total Amount Payable 1183496

Suppose your amount of advance is passed during July 2012 to June 2013 then the interest rate of
the year 2012-13 will be applicable.
 Rate of Rate of
Year Interest Year Interest
1963-64 4 1989-90 15.93
1964-65 5 1990-91 15.93
1965-66 5.25 1991-92 15.93
1966-67 6 1992-93 15.93
1967-68 6 1993-94 15.54
1968-69 6.25 1994-95 15.44
1969-70 6.25 1995-96 15.49

1970-71 6.25 1996-97 16.76

1971-72 6.5 1997-98 17.51
1972-73 7.25 1998-99 17.35
1973-74 8.25 1999-00 16.11
1974-75 10.25 2000-01 15
1975-76 10.5 2001-02 15
1976-77 10.75 2002-03 14.5
1977-78 11.75 2003-04 13.5
1978-79 12 2004-05 12
1979-80 12.5 2005-06 10.5
1980-81 13 2006-07 11
1981-82 13 2007-08 12.5
1982-83 13.2 2008-09 15
1983-84 14 2009-10 14
1984-85 14.6 2010-11 14.2
1985-86 14.72 2011-12 13.7

1986-87 14.66 2012-13  12.00

1987-88 14 2013-14 13.5
1988-89 14.84 2014-15 11.75
2015-16 11.1
2016-17 11.3
2017-18 11.7
2018-19 14.35
2019-20 12
2020-21