REG. NO.BOM/RSR/1088/A OF 1981
Loans & Advances
Loan schemes
Loans available at moderate interest rates
| Loan types | Period | Loan Amount | Interest Rate | |
|---|---|---|---|---|
| Secured Loan | Upto 10 Years | Upto Rs. 25,00,000/- | 12.5% | |
| Rs. 25,00,001/- (Joint Borrowing) | Rs. 35,00,000/- (Joint Borrowing) | 13.00% | ||
| Housing Loan | Upto 15 Years | Upto Rs. 25,00,000/- | 9.25% | |
| Rs. 25,00,001/- (Joint Borrowing) | Rs. 35,00,000/- (Joint Borrowing) | 9.75% | ||
| Educational Loan | Upto 10 Years | Upto Rs. 10,00,000/- | 9.00% | |
| Gold Loan | 1 Years | Upto Rs. 5,00,000/- | 9.75% | |
| Above Rs. 5,00,000/- | Rs. 10,00,000/- | 10.00% (0 % Processing Fee) | ||
| Personal Loan | Upto 5 Years | Rs. 50,000 to Rs. 2,00,000/- | 14% | |
| Rs. 3,50,000/- (Company Salary Deduction) | 14% | |||
| Short Term Loan | Upto 10 Months | Upto Rs. 20,000/- | 13.50% | |
| Upto 24 Months | 20,000/- To 50,000/- | 13.50% | ||
| Loan Charges | Purpose | Rate |
|---|---|---|
| Application Form Fee | Rs. 50 | |
| Incidental Charges | Personal & Emergency Loan | 2% Loan |
| Mortgage & Gold Loan | 1.5% Loan | |
| Housing Loan | 1% Loan | |
| Share Capital | Personal & Emergency Loan | 5% Loan |
| Mortgage & Gold Loan | 2.5% Loan (Max of Rs. 50,000/-) | |
| Housing Loan | 1% Loan | |
| Stamp Duty Charges | Personal Loan | Rs. 100 |
| Housing & House Property Mortgage Loan | 0.1% of Loan (For Loan Upto 5,00,000) | |
| 0.3% of Loan (For Loan above 5,00,000) | ||
| Franking & Handling Charges | Rs. 30 |