Sr. No

Type of Credit Facility

Type of Underlying Primary & Collateral Security

Maximum Amount

Applicable Rate of Interest based on CIBIL Credit Vision

score of the Borrower AND Guarantor

CIBIL Not

less than 800

CIBIL Not

less than 725

CIBIL Not

less than 650

CIBIL less

than 650

1.

Loan / Overdraft against FDR of JCB

FDR of the Bank in the name of borrower

90% of FD

1% over and above the rate of Interest on FDR

FDR of the Bank in the name of others

90% of FD

2% over and above the rate of Interest on FDR

2.

Loan / Overdraft

against Liquid Security

Assignment of LIC Policy, NSCs, KVPs,

90% of SV

9.75%

10.25%

11.00%

12.00%

3.

# - Personal Loan

Micro Personal Loan to Borrowers having annual income not more than 1.60 Lakhs &

Against surety of a Government Employee

Rs.1.00 Lakh

8.50%

9.50%

11.00%

13.00%

Against Employer Undertaking to deduct EMI & deposit with the Bank including staff loan

Rs.5.00 Lakhs

10.50%

11.50%

13.00%

15.00%

Against Salary Account with JCB

11.50%

12.50%

14.00%

16.00%

Against Personal Surety

12.95%

14.95%

16.95%%

18.95%

4.

$ - Education Loan

For Domestic Studies

For Studies in Government School / Colleges,

Against personal Sureties

Rs.5.00 Lakhs

8.50%

9.50%

11.00%

13.00%

For Studies in Private School / Colleges,

Against personal Sureties

9.00%

10.00%

11.50%

13.50%

For Studies in Government/Private School/Colleges, Against Equitable Mortgage

of Approved Property

Rs.25.00 Lakhs

9.00%

9.50%

10.25%

11.50%

For Domestic Studies in Government/Private School/Colleges Against Equitable Mortgage of Approved Property

75% of Underlying security or Maximum

Rs.100.00 Lakhs

10.50%

11.25%

12.25%

13.50%

5.

$ -Education Loan

For Overseas Studies

For Studies in overseas College / Universities, Against Equitable Mortgage of

Approved Property

Rs.25.00 Lakhs

9.50%

10.25%

11.25%

12.50%

For Studies in overseas College / Universities, Against Equitable Mortgage of Approved Property

75% of Underlying security Maximum

Rs.100.00 Lakhs

10.75%

11.50%

12.50%

13.75%

6.

# - Housing Loan to individuals, Against Equitable mortgage of Approved Property enforceable under

SARFAESI Act

Loan Amt Not exceeding Rs.50.00 Lakhs and Property Value not exceeding Rs.63.00 Lakhs

(Under Priority Sector)

80% of Property Value Maximum up to Rs.140.00 Lakhs

8.50%

9.25%

10.25%

11.50%

Loan Amt Not exceeding Rs.140.00 Lakhs

9.75%

10.50%

11.50%

12.75%

7.

# - Vehicle Loan

New Vehicles

E-Rickshaw, Auto, Light Passenger Vehicle with commercial permit

90% of on Road price of the vehicle

9.75%

10.50%

11.50%

13.00%

Bus / Truck with commercial permit (Chassis)

10.50%

11.25%

12.25%

13.50%

Vehicle for personal use Loan up to 10 Lakhs

9.25%

10.25%

11.75%

13.25%

Vehicle for personal use > Loan 10 L up to 25

Lakhs

9.75%

11.00%

12.50%

14.00%

Vehicle for personal use Loan more than 25

Lakhs

10.00%

11.50%

13.00%

15.00%

8.

Vehicle Loan

Used Vehicles

Commercial Vehicle with Permit

75% of Market

Value or 200% of Insurance Value or Maximum of

Rs.50.00 Lakhs

11.75%

12.75%

14.00%

15.50%

Passenger Vehicle for personal use

12.25%

13.50%

15.00%

16.25%

9.

Individual Loan

/ Overdraft against future

Future Receivables from Government / PSUs collaterally secured by Equitable Mortgage of Approved property enforceable under

SARFAESI Act

90% of Receivable Value

9.50%

10.00%

10.75

12.00%

Receivables (LAFR)

Future Receivables from Government / PSUs

WITHOUT collateral of Approved property

NOT enforceable under SARFAESI Act

80% of Receivable

Value

13.50%

14.50%

16.00%

18.00%

Future Receivables from Corporate Clients / Legal entities collaterally secured by Equitable Mortgage of Approved property

enforceable under SARFAESI Act

85% of Receivable Value

10.50%

11.25%

12.25%

13.50%

Future Receivables from Corporate Clients / Legal entities WITHOUT collateral of Approved property OR Security Not

enforceable under SARFAESI Act

75% of Receivable Value

14.00%

15.00%

16.50%

18.00%

Future Receivables from Individuals collaterally secured by Equitable Mortgage of Approved property enforceable under

SARFAESI Act

75% of Receivable Value

11.00%

11.75%

12.75%

14.00%

Future Receivables from Individuals

WITHOUT collateral of Approved property OR Security Not enforceable under SARFAESI Act

60% of Receivable Value

14.50%

16.00%

18.00%

-N/A-

10.

Mortgage (LAP) Loan

Overdraft up to Rs.25.00 Lakhs to Individual

for consumption against approved property.

75% of

Realizable Value

11.25%

12.25%

13.50%

15.00%

Loan up to Rs.25.00 Lakhs to Individual for

consumption against approved property.

75% of

Realizable Value

10.75%

11.75%

13.00%

14.50%

Overdraft more than Rs.25.00 Lakhs to Individuals / Firms for Commercial use against

approved property.

75% of

Realizable Value

11.50%

12.50%

13.75%

15.25%

Loan more than Rs.25.00 Lakhs to Individuals / Firms for Commercial use against approved property.

75% of

Realizable Value

10.50%

11.50%

12.75%

14.25%

11.

Land & Building Loan (Other than Housing purpose) for commercial / Industrial use

Commercial / Industrial plots directly allotted by the Government agencies in the

name of the borrower

80% of Allotment Value

9.75%

10.50%

11.50%

12.75%

Commercial / Industrial plots allotted by the Government agencies in the name of others (Re-sale to borrower)

200% of allotment value or 75% of market Value whichever

is less

10.75%

11.50%

12.50%

13.75%

Approved Commercial / Industrial plots of

Individuals

75% of market

Value

11.25%

12.00%

13.00%

14.25%

12.

Plant & Machinery / Equipment Loan

Plant and Machinery / Equipment

Collaterally secured by Equitable Mortgage of Property

80% of Invoice Amount

10.00%

10.50%

11.25%

12.00%

Plant and Machinery / Equipment NOT

secured by Equitable Mortgage of Property

75% of Invoice

Amount

12.00%

13.00%

14.50%

16.50%

13.

Working Capital (CC) Limit

Working Capital Limit against hypothecation of Stock / Book Debts Collaterally secured by Equitable Mortgage of Property

Up to Rs.25.00

Lakhs

9.75%

10.50%

11.50%

12.75%

More than

Rs.25.00 Lakhs

10.25%

11.00%

12.25%

13.50%

Working Capital Limit against hypothecation of Stock / Book Debts Collaterally NOT

secured by Equitable Mortgage of Property

Maximum up to Rs.25.00 Lakhs

13.75%

14.75%

16.00%

17.50%

14

Working Capital Term Loan (WCTL)

Working Capital term loan (WCTL)

against hypothecation of Stock / Book Debts

Collaterally secured by Equitable Mortgage

of Property

Up to Rs.25.00

Lakhs

9.25%

10.00%

11.00%

12.25%

More than

Rs.25.00 Lakhs

9.75%

10.50%

11.50%

12.75%

Working Capital term loan (WCTL) against hypothecation of Stock / Book Debts Collaterally NOT secured by Equitable

Mortgage of Property

Maximum up to Rs.25.00 Lakhs

13.00%

13.75%

14.75%

16.00%

15.

Yearly Commission on Bank Guarantees

Against the secured portion by way of FDR

0.50% of FDR

0.75% of FDR

1.00% of FDR

1.50% of FDR

Against the secured portion by way of

Equitable mortgage of Property

2.75%

3.25%

4.00%

5.00%

Unsecured Portion

3.50%

4.25%

5.25%

6.50%

Minimum commission shall be for one year. Broken months shall be treated as one full year.

16.

Processing Fee

On fresh Sanction of Term Loans / Cash

Credit / Overdraft Limits (Except against FD)

0.50%

0.75%

1.00%

1.50%

On Renewal of Cash Credit / Overdraft Limits

0.40%

0.55%

0.75%

1.25%

Ad-hoc Credit limit up to 90 days in a year

0.25%

0.40%

0.60%

1.25%

Ad-hoc Credit limit more than 90 days in a yr

0.50%

0.75%

1.00%

1.50%

17.

Inspection

Charges

Credit facilities up to Rs.5.00 Lakhs

Rs.500/- per Visit maximum 2 visits in a year

Credit Facilities more than Rs.5.00 Lakhs

Rs.1000/- per Visit maximum 2 visits in a year