Rate Of Interest

CIRCULAR TO ALL BRANCH OFFICES

New interest rates for loans based on CIBIL score, effective from 03/03/2025

(All Interest rates are fixed for initial 3 years thereafter floating)

EXISTING PROGRAMS – Non-Housing Loans (Loan Against Property and Top-Up on Residential Property)

CIBIL Score	Income Based (IB)			Income Estimation (IE)			Low LTV			Post Pension			Affordable Income Group
CIBIL Score	Base Rate	Spread	Effective RoI	Base Rate	Spread	Effective RoI	Base Rate	Spread	Effective RoI	Base Rate	Spread	Effective RoI	Base Rate	Spread	Effective RoI
800-850	9.85%	1.50%	11.35%	9.85%	2.00%	11.85%	9.85%	1.75%	11.60%	9.85%	2.00%	11.85%	9.85%	2.50%	12.35%
750-799	9.85%	2.00%	11.85%	9.85%	2.50%	12.35%	9.85%	2.00%	11.85%	9.85%	2.50%	12.35%	9.85%	3.00%	12.85%
700-749	9.85%	2.50%	12.35%	9.85%	3.00%	12.85%	9.85%	2.25%	12.10%	9.85%	3.00%	12.85%	9.85%	3.50%	13.35%
650-699	9.85%	3.50%	13.35%	9.85%	3.50%	13.35%	9.85%	2.50%	12.35%	9.85%	3.50%	13.35%	9.85%	4.00%	13.85%

EXISTING PROGRAMS – Commercial Property Loans

CIBIL Score	Income Based (IB)			Income Estimation (IE)			Low LTV			Post Pension
CIBIL Score	Base Rate	Spread	Effective RoI	Base Rate	Spread	Effective RoI	Base Rate	Spread	Effective RoI	Base Rate	Spread	Effective RoI
800-850	9.85%	2.00%	11.85%	9.85%	2.50%	12.35%	9.85%	2.50%	12.35%	9.85%	2.75%	12.60%
750-799	9.85%	2.50%	12.35%	9.85%	2.75%	12.60%	9.85%	2.75%	12.60%	9.85%	3.00%	12.85%
700-749	9.85%	3.00%	12.85%	9.85%	3.00%	12.85%	9.85%	3.00%	12.85%	9.85%	3.50%	13.35%
650-699	9.85%	3.50%	13.35%	9.85%	3.50%	13.35%	9.85%	3.50%	13.35%	9.85%	3.75%	13.60%

NEW PROGRAMS – Non-Housing Loans

CIBIL Score	GTP			BSP			RTRP			GRP
	Base	Spread	ROI	Base	Spread	ROI	Base	Spread	ROI	Base	Spread	ROI
800-850	9.85%	1.50%	11.35%	9.85%	1.50%	11.35%	9.85%	1.50%	11.35%	9.85%	1.50%	11.35%
750-799	9.85%	2.00%	11.85%	9.85%	2.00%	11.85%	9.85%	2.00%	11.85%	9.85%	2.00%	11.85%
700-749	9.85%	2.50%	12.35%	9.85%	2.50%	12.35%	9.85%	2.50%	12.35%	9.85%	2.50%	12.35%
650-699	9.85%	3.00%	12.85%	9.85%	3.00%	12.85%	9.85%	3.00%	12.85%	9.85%	3.00%	12.85%

NEW PROGRAMS – Commercial Property Loans

CIBIL Score	GTP			BSP			RTRP			GRP
	Base	Spread	ROI	Base	Spread	ROI	Base	Spread	ROI	Base	Spread	ROI
800-850	9.85%	1.75%	11.60%	9.85%	1.75%	11.60%	9.85%	1.75%	11.60%	9.85%	1.75%	11.60%
750-799	9.85%	2.25%	12.10%	9.85%	2.25%	12.10%	9.85%	2.25%	12.10%	9.85%	2.25%	12.10%
700-749	9.85%	2.50%	12.35%	9.85%	2.50%	12.35%	9.85%	2.50%	12.35%	9.85%	2.50%	12.35%
650-699	9.85%	3.25%	13.10%	9.85%	3.25%	13.10%	9.85%	3.25%	13.10%	9.85%	3.25%	13.10%

Important Notes

Loan for Plot Purchase/Loan against plot (Residential & Commercial) shall attract additional RoI of 0.50%
CRE-H (Third housing loan) will attract additional 1% over HL RoI based on the program
Income Estimation Program is not applicable for Salaried Persons
RoI will be decided based on the applicant CIBIL score
All loans shall be sanctioned at fixed rate for initial 3 years. Thereafter converted to floating with same spread over Base Rate
Applicants with CIBIL < 650 or no CIBIL score will be treated under 650-699 category
Home Equity Loan will attract additional 0.50% RoI over HL RoI