Interest Rate Chart

SREENIDHI SOUHARDA SAHAKARI BANK NIYAMITHA

No.113, R.V. Road, V.V. Puram, Bangalore - 560004

RATE OF INTEREST ON LOANS & ADVANCES

With effect from 1st May, 2020 (Board resolution dated 24/04/2020)

Housing Loan Interest Rates
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
10.25% 11.25%	20 years/240 months 20 years/ 240 months	5 Lakhs Rs.25 Lakhs	Up to Rs.25 Lakhs Up to Rs.70 Lakhs

Mortgage Loan Interest Rates
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
13.50% 14.00% 13.50%	10 Years / 120 Months all above Loans	- Rs.50 Lakhs -	Up to Rs.50 Lk Above Rs.50 Lakhs up to Rs.2 Crores Up to Rs.50 Lakhs (Purchase of Site)

New Vehicle Loans Interest Rates
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
10.50%	5 Years/ 60 Months		(Up to 85% of the Vehicle cost subject to Exposure Limit)

Used Vehicle Loans Interest Rates
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
11.50%	5 Years/ 60 Months		Up to Rs.20 Lakhs

Gold Loans / O.D Against Gold Loans
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
11.50%	1 year/ 12 Months	-	Up to Rs.10 Lakhs

Business Loans Interest Rates
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
12.50% 13.00% 13.50%	10 Years / 120 Months all above Loans	- Rs.50 Lakhs Rs.2 Crores	Rs.50 Lakhs Rs. 2 Crore Rs. 4 Crore	Exposure Limits For Individuals Rs.4 Crores For Groups:- Rs.10 Crores

Unsecured Overdraft Facility
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
15.50%	1 Year/12 Months	-	Up to Rs.3 Lakhs (Unsecured)

Secured OD Loans Interest Rates
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
13.50%	1 Year/12 Months	-	Up to Rs.1 Crore

Unsecured Loans Interest Rates
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
15.50%	Up to 5 Years / 60 Months	-	Rs.3 Lakhs

Loan on LIC/NSC/ KVP Interest Rates
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
10.50%	1 Year / 12 Months	-	Up to 1 Crore

Education Loan Interest Rates
Interest Rate	Term Period	Loan Amount Minimum	Loan Amount Maximum	Note
9.50% 9.50% 10.50% 10.50%	60 to 84 Months	- - Rs.10 Lakhs Rs.20 lakhs	Up to Rs.10 Lakhs Up to Rs.20 Lakhs Up to Rs.1 Crore Up to Rs.1 Crore	- In India -In Abroad - In India -In Abroad