Rate of Interest Effective Date : 01-November-2023
| Loan Type | Rates | Margin |
|---|---|---|
| Mahila Utkarsh Yojana Up to Rs.1 Lacs |
8.95% |
- |
| Vehicle Loan (Personal Use) Two Wheelar Credit Score - 751 and Above Credit Score - 651 and Above Credit Score - 501 and Above Credit Score - 501 and below Four Wheelar Old Vehicle (Four Wheelar) |
9.95% 10.95% 11.95% 13% 8.50% 13 % |
20 % 20 % 20 % 20 % 20% 50 % |
| Commercial Vehicle Credit Score - Up to 600 Credit Score - 600 and Above Credit Score - 700 and Above Note :- With UnderTaking / Mortgage | 11% 10% 9.75% |
30 % 30 % 30 % |
| Housing Loan Up to Rs.25 Lacs (The total price of the house is Rs 45/- Lakh or less) Credit Score - 750 and Above Credit Score - 650 and Above Credit Score - Up to 650 Up to Rs.35 Lakh (The total price of the house is Rs 45/- Lakh or less) Credit Score - 750 and Above Credit Score - 650 and Above Credit Score - Up to 650 Rs.35 Lakh to Rs.140 Lakh (The total price of the house is Rs 45/- Lakh Above) Housing / Extension / Renovation Furniture - Fixtures Loan (Up to Rs.10 Lakh) |
8.25% 8.75% 9.25% 9.75% 10.25% 10.75% 13% 8.50 % 9.50 % |
20 % 20 % 20 % 20 % 20 % 20 % 20% 30 % 25 % |
| Commercial Property Purchase (shop /office/ shed/ Godown) Up to Rs.25 Lakh Max Above Rs.25 Lakh |
8.95% 9.95% |
25% 25% |
| Mortgage Loan (Specific Business Purpose) Up to Rs.25 Lakh Above Rs.25 Lakh |
9.95% 10.95% |
50% 50% |
| Mortgage Personal Loan Up to Rs.2 Lakh Rs.2 Lakh to Rs.5 Lakh |
13% 13% |
- - |
| Double Mortgage Cash Credit Rs.25 Lakh and Above |
10.50 % |
50% |
| Business & Industries Hypothecation Cash Credit Up to Rs.10 Lakh(Against stock+Book Debts) Above Rs.10 Lakh(Against stock+Book Debts) Machinery Loan Up to Rs.25 Lakh Above Rs.25 Lakh Working Capital-Term Loan Up to Rs.25 Lakh Above Rs.25 Lakh Secured Overdraft Up to 50 % of property value(Specific Business Purpose) |
- 10.50% 9.50% - 8.45% 8.95% - 8.45% 8.95% - 13% |
- 40 To 50% 40 To 50% - 25% 25% - 25% 25% - 50% |
| Professional Loan(Only For Professional Person) Up to Rs.25 Lakh Above Rs.25 Lakh |
7.95% 8.50% |
- - |
| Solar Panel Rooftop Residence (Max Up to Rs.10 Lakh) Commercial |
7.95% 8.95% |
25% 25% |
| Education Loan Up to Rs.20 Lakh Above Rs.20 Lacs to Rs.25 Lakh Above Rs.25 Lakh |
7.95% 8.45% 8.95% |
25% 25% 25% |
| Builders Term Loan Builders & Developers |
13% |
50% |
| Unsecured Loan Social and other Purpose (Up to Rs.4 Lakh) |
15% |
- |
| Advances Against Goverment Security Against N.S.C, N.S.S, K.V.P,L.I.C Policy Etc |
7.95% |
20% To 50% |
| Overdraft Against Term Deposit Fixed Deposit/Cash Certi. Third party Fixed Deposit |
1% Above F.D.Rate 2% Above F.D.Rate |
10% 10% |
The Vijay Bank
The Vijay Bank