Mortgage Loans
| Category | Type of Income | Up to 07 Years ( p.a. ) |
7-10 years ( p.a. ) |
Above 10 years ( p.a. ) |
|---|---|---|---|---|
| Category 01 | Salaried income or professional income | 24.50 % | 25.00 % | 25.75 % |
| Category 02 | Other than Salaried Income (Business and Foreign Employment etc.) | 25.50 % | 26.25 % | N/A |
Personal Loans – Property Mortgage
| Category | Type of Income | Up to 07 Years ( p.a. ) |
7-10 years ( p.a. ) |
Above 10 years ( p.a. ) |
|---|---|---|---|---|
| Category 01 | Salaried income or professional income | 25.00 % | 25.50 % | 26.25 % |
| Category 02 | Other than Salaried Income (Business and Foreign Employment etc.) | 26.00 % | 26.75 % | N/A |
EPF, Personal and Vehicle Loans
| Loan Category | Period / Amount | Revised Rate (p.a) |
|---|---|---|
| EPF Loans | Up to 05 years Up to 10 years Up to 15 years |
23.00 % 24.00 % 27.00 % (Temporarily on hold) |
|
Personal Loans Professionals, Employees in Government/Semi Government Institutions) Private Sector Employees |
Up to 05 years Up to 05 years |
25.00 % 27.00 % |
|
Business Loan (Up to 5 years) Code No 828 |
Against movable or immovable property |
27.75 % |
|
Business Development Loan to individual and corporate clients Loans granted for herbal plantation and related activities / organic fertilizer manufacturing and related activities (Code No 878) Loans granted for herbal plantation and related activities / organic fertilizer manufacturing and related activities (Code No 879) |
Against movable or immovable property Against individual or director personal guarantee |
27.25 % 28.25 % |
| Low Income Group | Up to 05 years | 26.00 % |
| Vehicle Loan | Up to 05 years Up to 07 years |
27.00 % 27.00 % |
| Loan Scheme for Micro, Small and Medium enterprises | 27.00 % | |
| Supplementary Festival / Salary Advance Loan Scheme | 26.00 % |