RATE OF INTEREST

LOAN RATE OF INTEREST

Business Loans 13 %
T.O.D. 2% excess of Rate of Int. of Business Loans
Vehicle Loans
  1. for Personal use
  2. Commercial use
  3. Resale (Old) Vehicle

  1. 10.00%
  2. 13%
  3. 15%
Loans to Builders & contractors 16.00%
Educational Loans 11.00%
Gold Loans 11.00%
Term loans against FD/NSC/LIC 13.00%(as per Business Loan)
F.D. O.D.
  1. Loans against Fixed Deposit
  2. For F.D amt Rs.1.00 crore & above
  3. Loan against F.D. for senior citizens
  4. Loans against Third Party Fixed Deposit

  1. 2 % more than F.D. rate
  2. 1 % more than F.D. rate
  3. 1 % more than F.D. rate
  4. 3 % more than F.D. rate
Mortgage Loans
  1. Up to Rs.10 Lac - 13.50%
  2. Above Rs.10 Lac - 14.00%
Rent Realization 13.00% (as per Business Loan)
For customer falls under credit rating Less 0.5% to 2% than prevailing rates
Personal Loan 14%
Group Loan
  1. Chakan Br.
  2. Jejuri Br. ( for employees of ISMT Ltd / Indiana Gratings / Indiyana Convayers)
  3. Other Branches

  1. 13 %
  2. 14 %

  3. 14 %
VIT/ VIIT
  1. Overdraft
  2. Vehicle Loan
  3. Term Loan

  1. 14 %
  2. 10 %
  3. 14 %
Loans for House Purchases & repairs
  1. 09.85%
  2. 10.00%
  3. Additional 0.25% if CIBIL score less than 650 OR -1

  1. 14 %
  2. 10 %
  3. 14 %
Group Loan
  • 13% CIBIL score Up to 650
  • 12% CIBIL score 650 TO 750
  • 11.5% CIBIL score above 750
  • 13% CIBIL score -1
Suvarnayug Money Loan
  • 13% CIBIL score above 650
  • 15% CIBIL score 500 TO 650
  • 15% CIBIL score -1
Suvarnayug Property Mortgage Loans
  • 15% CIBIL score 500 TO 650
  • 14% CIBIL score 650 TO 700
  • 13.75% CIBIL score 700 TO 750
  • 13.5% CIBIL score above 750
  • 15% CIBIL score -1