Loan Schemes

  1. Vehicle Loan

    Max. Limit Rs.25.00 lakh
    Rate of Interest @ 13.00% p.a. for New Vehicle for 6 Yrs.
    EMI-Rs.2150/- per lakh for 6 yrs.
     
    For Old Vehicle Repayment Period 5Yrs.
    Rate of Interest @13.00% p.a.
    EMI-Rs.2400/- per lakh for 5 yrs.
  2. Car Loan

    Max. Limit Rs.25.00 lakh @ 10.90% p.a. for 8 Yrs.
    EMI- Rs.1620/- per lakh
  3. Two Wheeler Loan

    For 3 years upto Rs.1.00 lakh
    EMI- Rs.3400/- per lakh @ 10.90% p.a.
    For 5 years above Rs.1.00 lakh upto Rs.5.00 lakhs
    EMI- Rs.2245/- per lakh @ 10.90% p.a.
  4. Housing Loan

    Max. Limit Rs.25.00 lakh @ 11.00% p.a.
    EMI- Rs.1470/- per lakh for 10 Yrs.
    EMI- Rs.1220/- per lakh for 15 Yrs.
    EMI- Rs.1110/- per lakh for 20 Yrs.
     
  5. House Repair Loan

    Max. Limit Rs.5.00 Lakh @ 13.00% p.a.
    EMI- Rs.1550/- per lakh for 10 Yrs.
     
  6. Personal Security Loan

    Max. Limit Rs.50000/- @ 13.00% p.a for 3 Yrs.
    EMI- Rs.385/- Ten Thousand
    Max. Limit Rs.100000/- @ 13.00 p.a.for 5 Yrs.
    EMI- Rs.2400/- per lakh for 5 Yrs.
     
  7. Medium Term Loan

    Max. Limit Rs.5.00 lakh @ 13.00% p.a. for 5 Yrs.
    EMI- Rs.2400/- per lakh
  8. Medium Term Secured Loan

    Max. Limit Rs.25.00 lakh @ 13.00% p.a.
    EMI- Rs.2400/- per lakh for 5 Yrs
     
  9. Long Term Loan

    Max. Limit Rs.15.00 lakh
    For 8 Years @ 13.00% p.a.
    EMI- Rs.1750/- per lakh
    For 10 years @ 13% p.a.
    EMI- Rs.1550/- per lakh
     
     
  10. Long Term Secured Loan

    Max. Limit Rs.25.00 lakhs
    For 8 years @ 13.00% p.a.
    EMI- Rs.1750/- per lakh
    For 10 years @ 13% p.a.
    EMI- Rs.1550/- per lakh
     
     
  11. Agricultural Loan (Seasonable)

    Max. Limit Rs.100000/- @ 12.00% p.a. for 2 Yrs.
    EMI- Rs.500/- per Ten Thousand
     
  12. Gold Loan

    Max. Limit Rs.200000/- @ 10.90% p.a.
    Maximum 80 % of Total Valuation Payable in 12 months.
     
  13. MI Gold Secured Loan Scheme

    Max. Limit Rs.200000/- @ 13.00% p.a.
    EMI=Rs.650/- per Ten Thousand for 18 Months.
     
  14. Cash Credit Loan

    Max. Limit Rs.2.00 Lakh @ 13.00% p.a.
     
  15. Long Term Sal. Ded. Loan

    (a)For Individual

    Upto Rs.1000000/- @ 11.50% p.a. for 10 Yrs.
    EMI- Rs.1520/- per Lakh for 10 years
    Above Rs.1000000/- to Rs.1500000/- @ 11.50% p.a. for 15 Yrs.
    EMI- Rs.1260/- per Lakh for 15 years
    Above Rs.1500000/- to Rs.2500000/- @ 12.00% p.a. for 20 Yrs.
    EMI- Rs.1185/- per Lakh for 20 years
    Salary Deduction RD Linking Loan Schemes