Loan Interest Rates
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Sr. No.   Type of Loan Interest Rate
1   Against Govt. Securities / NSC / KVP / LIC / Relief Bond 10.00%
2   Education Loan (For Abroad Rs 20/- Lacs (MAX), Domestic Rs.10/- Lacs (MAX))
Required Security : 100% Collateral Tangible Security , Moratorium Period
10.00%
3   Gold Loan (Maximum One year) 13.50%
4   Auto Loan  
A. Car Loan (Up to Rs. 25/- Lacs)
Up to 84 months
8.75%
B. Two Wheelers / CNG Rikshaw / Other Commercial Vehicles 12.00%
C. Used Cars (Not more than 2 years old) 13.00%
5   Consumber Durables (Household Goods) 14.00%
6   Doctor Loan  
  Below Rs. 100 Lakh 09.50%
  Rs. 100 Lakh to Rs. 500 Lakh 09.25%
  Rs. 500 Lakh & above 09.00%
7   Self employed / service Enterprises / Professionals 11.00%
8  

Housing Loan - (a) Woman borrower :- up to Rs. 70/- lacs (Period 240 months)

8.50%
  (b) Others :- up to Rs.70/- lacs (Period 240 months) 8.60%
9   Demat Shares(up to Rs. 10/- lacs) 10.00%
10   Mortgage Loan / Secured Cash Credit / Overdraft 11.00%
11   Loans / Overdraft to builders / Contractors Against Real Estate 15.00%
12 A. Loan / Overdraft / against own deposit Deposit Rate + 1%
B. Loan / Overdraft / against Third party deposit Deposit Rate + 2%
13   Trade & Industry for Working Capital  
A. Working Capital Advances  
1. Limit Less than Rs.25/- Lacs 11.25%
2. Limit Rs 25/- Lacs & Above
(Interest will be charged at 12.50% and rebate if satisfying following parameters will be given at quarter end)
Coll. Sec. more than 75%  
a) Utilization of 75% & above 10.25%  
b) Utilization Less than 75% but up to 60% 10.25%  
c) Utilization Less than 60% but up to 50% 10.25%  
d) otherwise 10.25%  
B. Bills Discounting under LC of prime bank (up to 90 days) 09.50%
C. Clean Cash Credit / Overdraft (up to Rs.5/- lacs) 14.00%
D. Cheque Purchase / Discount / Clean Bills /D.A. Bills Purchase / Discount 14.00%
E. Co-acceptance / D.A.Bills / Trust Receipt 14.00%
F. Hypothecation of Plant and Machinery(Term Loan) 11.00%
G. Mortgage of Office / Factory / Godown (Term Loan) 11.00%
H. Term Loan (Fixed Rate on Term Loan) 11.00%
I. Temporary Loan / Overdraft / Cash Credit 15.00%
J. Excess over sanctioned limit 15.00%
K. Drawing against uncleared effect (Clearing) 15.00%
14.   AMCO Jan Kalyan Term Loan Limit 13.50%
15.   AMCO Trade Finance Scheme
(Minimum 100% collateral Security & 60% utilization)
11.50%
  Other 13.00%
14 Processing Chages : For New and renewal cases, and all adhoc and temporary limits.
  for advances up to Rs.5/- lacs NIL
  Above Rs.5/- lacs to Rs.10/- lacs NIL
  Above Rs.10/- lacs to Rs.25/- lacs Rs. 2500/-
    W.C. T.L.
  Above Rs.25/- lacs to Rs.100/- lacs 0.10% 0.25%
  Above Rs.100/- lacs to Rs. 500/- lacs 0.15% 0.75%
  Above Rs.500/- lacs 0.20% 0.40%
  Adhoc / Temporary Limits Minimum Rs. 1000/- or 0.15% of the limits sanctioned whichever is higher
Max. Processing Charges will be Rs. 6/- Lacs / For renewal 50% of above charges

Note:-

  • No (Zero) Processing charges to be collected on loan against LIC polices, Education Loans, LFD, FDOD & L.C. Bills discount limits irrespective of amount of loan.
  • Revised processing charges will e levied on all application received on or after 01.05.2017.
  • Branch to collect 50% process charge upfront on receiving application.
  • Remaining 50% to ne levied on sanction and first disbursement of advances.
  • In case of renewals, 50% of above charges to be levied.
  • Processing charges should not be refunded if applicant does not avail disbursement aubsequently.