APCOB Rate of Interests on Retail Banking Loans
S.No. |
Type of Loan |
Rate of Interest |
Maximum Amount of loan (Rs.in lakh) | Maximum period of Loan |
|---|---|---|---|---|
| 1. | Personal Loan | As per CIBIL rating: R.O.Ia)650–700 12.00% p.a.
b) 701–750 11.50% p.a. c)751 & above 11.00% p.a. d) 10% p.a. subject to remittance by Employer undertaking |
10.00 | 5 Yrs |
| 2. | Housing Loan | a) Borrower contribution of 20% – 10.50%p.a(Fixed)& 9.00% p.a (Floating) b) Borrower contribution of 10% – 10.75%p.a(Fixed)& 9.25%p.a(Floating) |
75.00 | 30 Yrs/ Upto the age of 75years of the borrower whichever is earlier |
| 3. | Real Estate Mortgage Loan | As per CIBIL rating: R.O.I
a) 650-700: 12.00%p.a b) 701-750: 11.75%p.a c) 751 & above: 11.50p.a% |
25.00 | 10 Yrs |
| 4. | Vehicle Loan | 11.0% p.a. | 30.00 | 6 Yrs |
| 5. | Two Wheeler Loan | 11.0% p.a. | 2.00 | 3 Yrs |
| 6. | Education Loan | 11.50% p.a. | 30.00 | 10 Yrs after Moratorium period |
| 7. | SHG Loan – Cash Credit | 9% p.a. | 20.00 | Maximum 5 Yrs (Renewed yearly on calendar basis) |
| 8. | SHG Loan – Term Loan | 9% p.a. | 10.00 | 5 Yrs |
| 9. | SOD Against Mortgage of Property | 12% p.a. | 25.00 | 1 Yr |
| 10. | Sahakara Swayam Upadhi Finance Scheme -SSUF- Term Loan to Petty Traders | 11% p.a. | 2.00 | 3 Yr |
| 11. | Sahakara Swayam Upadhi Finance Scheme -SSUF- Cash Credit to Petty Traders | 11% p.a. | 2.00 | 1 Yr |
| 12. | Cash Credit to Traders | 11% p.a. | 60.00 | 1 Yr |
| 13. | SSUF-Hawkers (PM SVANidhi) | 10% p.a. | 0.10 | 1 Yr |
| 14. | SSUF-Hawkers (Jagananna Thodu) | 10% p.a. | 0.10 | 1 Yrs |
| 15. | SSUF- Term Loan to Women (YSR Cheyutha) | 10% p.a. | 0.56250 | 48 Months (Including Moratorium) |
| 16. | SSUF- Cash Credit to Women (YSR Cheyutha) | 10% p.a. | 0.56250 | 48 Months (Including Moratorium) |
| 17. | Sahakara Mortgage Loan | 12% p.a. | 5.00 | 7 Yrs |
| 18. | Pedalandiriki Illu | 9% p.a. | 0.50 | 3 Yrs |
