RATES OF INTEREST ON RETAIL ASSET PRODUCTS:
 
Product Name
Re-fixed Rate(% p.a) w.e.f 09.01.2012
Rate
Processing fees
Home Loan
16.50%
Up to 10 lac  1.50%
Above 10 lac  1.00%
Home Mortgage
17.50%
Up to 10 lac  2.00%
Above 10 lac  1.50%
Advance Against Salary
18.00%
1.50%
Auto Loan for Sedan/
SUV/Jeep
17.00%
1.00%
Auto Loan for Pick-up,
Micro bus
18.00%
1.00%
Doctors Loan
18.00%
1.00%
Household Durable
Loan
18.50%
2.00%
Others
18.50%
1.50%
*It is mentioned that this rates will be effective both for the existing and new accounts. Moreover, interest rates prevailing higher than the above prescribed rates will remail unchanged.
 
 
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