TYPES OF LOANS RATE OF INTEREST LIMITS

UNSECURED BUSINESS LOAN 14% - 18% 5L to 10Cr+

SECURED BUSINESS LOAN 9% - 12% 20L onwards
LOAN AGAINST PROPERTY 9.25% - 10.30% 75% of Property
SECURED CC 9% - 11% 25% of Turnover
SECURED OD 9% - 11% 25% of Turnover
UNSECURED OD 14% - 18% 10L to 5Cr+
HOME LOANS 8.30% - 9.30% 75% of Property
AUTO LOANS 8.10% - 9% 90% of On Road Price
MACHINERY LOANS 11% - 12% 75% of Quotation
PERSONAL LOANS 15% - 25% 10L to 5Cr+
CGTMSE LOANS 9.30% - 10.30% Upto 5 Cr
 TENURE COLLATERAL

3 years NO
5 years YES
10 - 15 years YES
Renewal yearly YES
Renewal yearly YES
Renewal yearly NO
15 to 20 years YES
5 years YES
5 years YES
5 years NO
5 years NO