Loan Interest Rates
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10.00%

Sr. No.   Type of Loan Interest Rate
1   Against Govt. Securities / NSC / KVP / LIC / Relief Bond 09.50%
2  

Education Loan (up to Rs. 20/-Lakh) 100% OR

09.50%
  more collateral Otherwise
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 10.00%
8  

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

8.40%
  (b) Others :- up to Rs.70/- lacs (Period 240 months) 8.50%
9   Demat Shares(up to Rs. 10/- lacs) 10.00%
10   Mortgage Loan 10.00%
11   Secured Cash Credit / Overdraft against immovable property  
  More than 60% utilisation on monthly basis 10.00%
  60% or less utilisation on monthly basis 10.50%
12   Loans / Overdraft to builders / Contractors Against Real Estate 15.00%
13 A. Loan / Overdraft / against own deposit Deposit Rate + 1%
B. Loan / Overdraft / against Third party deposit Deposit Rate + 2%
14   Trade & Industry for Working Capital  
A. Working Capital Advances  
1. Limit Less than Rs.25/- Lakh 11.00%
2   Coll. Sec. more than 100%  
a) Utilization of 25% & above 10.00%  
b) If monthly utilization is less than 50% 10.75%  
c) If collateral is less than 100% 10.50%  
d) If monthly utilization is less than 50% in c 11.00%  
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 Hypothecation of Plant and Machinery(Term Loan)  
More than 75% collateral 10.00%
75% or Less Collateral 10.50%
E Mortgage of office / Factory / Godown(Term Loan) 10.00%
F Term Loan (Other Fixtures) 10.00%
G Temporary Loan / Overdraft / Cash Credit 15.00%
H Excess over sanctioned limit 15.00%
I Drawing against uncleared effect (Clearing) 15.00%
15   AMCO Jan Kalyan Term Loan Limit 13.50%
16 Processing Chages : Non-refundable even if party does not utilise credit facility.
  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.
  • In case of takeover of credit facilities by other Bank/Financial institution 2% prepayment charge shall be applicable, except Housing Loans, Vehical Loans, Doctor's Loan in the names of individuals.
17 Inspection Charges : (Recoverable every Quarter)
    Every Qurter
  for advances up to Rs.10/- lacs Rs.500 + GST
  Above Rs.10/- lacs to Rs.25/- lacs Rs.1000 + GST
  Above Rs.25/- lacs to Rs.50/- lacs Rs.1500 + GST
  Above Rs.25/- lacs Rs.2000 + GST