Direct Loan of Rate Of Interest

REVISION OF INTEREST RATE ON LOANS AND ADVANCES DIRECT FINANCE TO INDIVIDUAL EFFECT FROM 02.05.2018
Direct Finance Purpose of Loan		Existing Rate Of Interest		Revised Rate Of Interest
	Direct Finance to Individual	OSCB to CCB	CCB to Individual	OSCB to CCB	CCB to Individual
1	Loan Against Postal Security
i)	Other Than Staff	11.50	12.00	11.50	12.00
ii)	Staff Of CCB	10.50	11.00	10.50	11.00
iii)	Pledge Of Gold Ornaments
	a) Other Than Staff	11.50	11.50	11.50	11.50
	b) Staff CCB	10.50	11.00	10.50	11.00
2	Consumer Durable Loan	11.50	12.00	11.50	12.00
3	Cash Credit Loan To Ind.	11.50	12.00	11.50	12.00
4	Term Loan to Ind (SSI/term/Working Cap)	11.50	12.00	11.50	12.00
5	SRTO	11.50	12.00	11.50	12.00
6	HBL Loan (Fixed)
	a) Up to 5 years	9.00	11.00	9.00	11.00
	b) 5 years to 10 years	9.00	11.00	9.00	11.00
7	Education Loan
	a) Up to 4 Lakh	10.50	12.00	10.50	12.00
	b) Above 4 Lakh	11.00	12.00	11.00	12.00
8	Personal Loan	13.00	12.00	13.00	12.00
9	Loan Against Property	11.50	12.00	11.50	12.00
10	SHG/JLG Loan to individual		12.00		12.00
11	Loan to Staff
	a) Motor Cycle Loan		10.00		10.00
	b) H.B loan		10.00		10.00
	c) Personal Loan		11.00		10.00