Ref No:HO/A/Ord/6/25-26 Date : 29-11-2025
ORDER No:05/25-26
Superseding all the previous order The Board of Management in its meeting dated 21.11.2025 vide resolution No.11 REVISED THE RATE OF INTEREST FOR LOAN & ADVANCES (FLOATING RATE OF INTEREST) W.E.F 01-12-2025
APPLICABLE TO BOTH EXISTING AND NEW LOANS
|
SL. No. |
Type of Loan |
Limit |
Revised Rate of Interest |
|
1 |
SHORT TERM LOANS a) Gold Loans
b) OD (Unsecured)
c) OD (Secured)
d) Advances on Govt Securities (NSC/LIC Policies)
e) Sudha Mega Loan |
Rs.15 Lakhs
Upto Rs.5 Lakhs
As per Loan rules
As per Loan rules
As per Loan rules |
10%
16%
12%
13%
18% |
|
2 |
MEDIUM TERM LOANS a) Surety Loans (Un-Secured)
b) Salary credited to our bank (Secured)
c) Company undertaking (Secured)
d) Sudha Seva Loan (Secured) |
Upto Rs.5 Lakhs
Upto Rs.5 Lakhs
Upto Rs.5 Lakhs
Upto Rs.5 Lakhs |
16%
16%
15.50%
11.50% |
|
SL. No. |
Type of Loan |
Limit |
Revised Rate of Interest |
||||||||||||||||
|
d) Hypothecation Loan Vehicles, Plant & machinery, Hospital/ Medical Equipment’s includes furniture, fixtures interiors
2nd Hand Vehicle- Four-wheeler |
As per loan rules
As per loan rules |
10.00%
10.50% |
|||||||||||||||||
|
3
|
LONG TERM LOANS I) A Katha Property as collateral Security
a) Housing Loans (IPH)
b) Housing Combo (LCRH) * (Purchase of Site & Construction for Residential Purpose)
c) Housing Commercial/ Real Estate (LCR)
d) Business Loans (IPB)
e) Immovable property Loan (IPO)
|
Upto Rs.25 Lakhs
Above Rs 25 Lakhs Upto Rs 50 Lakhs
Above Rs 50 Lakhs Upto Rs 140 Lakhs
Above Rs. 140 Lakhs
As per loan rules
As per loan rules
As per loan rules
|
10.50%
11.50%
11.50%
11.50%
|
||||||||||||||||
|
SL. No. |
Type of Loan |
Limit |
Revised Rate of Interest |
||||||||||||||||
|
f) Education loan i) Domestic
ii) Foreign |
Upto Rs.20 Lakhs
Upto Rs.40 Lakhs |
10.00%
10.50% |
|||||||||||||||||
|
II) E-Katha Property as collateral Security
a) Housing Loans (IPH)
b) Mortgage Loans (IPO)
|
Upto Rs.25 Lakhs
Above Rs 25 Lakhs Upto Rs 50 Lakhs
Upto Rs.25 Lakhs
Above Rs 25 Lakhs Upto Rs 50 Lakhs |
|
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|
f) Staff Loan i) Personal Loan
ii) Housing Loan
iii) Mortgage Loan
iv) Gold Loan |
Upto Rs.10 Lakhs
As per loan rules
As per loan rules
Upto Rs.5 Lakhs |
8.00%
8.00%
9.00%
9.00% |
|||||||||||||||||
Note:-
1) Short Term loans will be for 15 months, medium term loans from above 15 months to 5 years and Long-Term loans over 5 Years.
2) Except Government Securities, Gold, HPL, the maximum limit is Rs.1432.00 Lakhs for Group Borrower and Rs.859.00 Lakhs for individuals subject to eligibility criteria in accordance with the Loan rules. The limit will be revised every F.Y. after statutory Audit.
3) All the managers are requested to modify the Rate of Interest in accordance with the above rates w.e.f 01-12-2025 and report the compliance to Head Office within 3 days.
4) The revision of interest is applicable both for existing and new loans (i.e., Floating Rate of Interest)
5) In case of takeover by other banks and financial Institutions pre-revised rate or revised rate whichever is higher should be applied.
6) 3.I.(b) LCRH: Housing Combo - Purchase of Site & Construction for Residential Purpose: - Failure to start construction within 1 year attracts LCR rate of interest i.e. 11.50% from the date of release.
