Loans & Advances

No.

Loan & Advances Type

Product

Interest Rate

Remark

A

Short Term Loan & Advances

    Unsecured Short Term Loan & Advances

1

Cash Credit

22

13.00%

2 % Penal

     Secured Short Term Loan & Advances

1

Pledge

24

10.50%

2 % Penal

2

Hypothecation

23

10.00%

2 % Penal

3

Fix Deposit Over Draft Loan

31

–          Own FDR

1% above Deposit rate

2 % Penal

–          Third Party FDR

2% above Deposit rate

2 % Penal

4

Current Over Draft against FDR

26

–          Own FDR

1% above Deposit rate

2 % Penal

–          Third Party FDR

2% above Deposit rate

2 % Penal

5

Fixed Deposit Over Draft

21

–          Own FDR

1% above Deposit rate

2 % Penal

–          Third Party FDR

2% above Deposit rate

2 % Penal

6

Hypothecation Mortgage

33

10.50%

2 % Penal

7

Gold Loan Bullet

117

9.00%

2 % Penal

8

N.S.C. – K.V.P. Loan

29

9.50%

2 % Penal

9

Mortgage Cash Credit

123

10.50%

2 % Penal

B

Medium Term Loan & Advances

    Unsecured Medium Term Loan & Advances

1

Atmanirbhar Gujarat Sahay Yojna 01

13

8.00%

2 % Penal

    Secured Meium Term Loan & Advances

1

Loan Against Gold

52

9.00%

2 % Penal

2

Vehicle Hypothecation New

41

10.00%

2 % Penal

3

Vehicle Hypothecation Old

41

12.00%

2 % Penal

4

Machinery Loan

43

10.50%

2 % Penal

5

Atmanirbhar Gujarat Sahay Yojna 02

12

8.00%

2 % Penal

C

Long Term Loan & Advances

    Unsecured Long Team Loan & Advances

1

Loan (Loan to Salaried persons)

44

13.00%

2 % Penal

2

Small Traders Loan

45

13.00%

2 % Penal

    Secured Long Term Loan & Advances

1

Real Assets Loan

42

10.50%

2 % Penal

2

Education Loan

122

9.00%

2 % Penal

3

Mortgage Term Loan

106

10.50%

2 % Penal

4

Housing Loan

55

8.50%

2 % Penal

5

New Car Loan

116

8.00%

2 % Penal