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 4th Nov, 2019 (Board resolution dated 02/11/2019)

Housing Loan Interest Rates
Interest Rate Term Period Loan Amount Minimum Loan Amount Maximum Note
  • 10.75%
  • 11.75%
  • 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
  • 14.00%
  • 14.50%
  • 14.00%
  • 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
  • 11.00%
  • 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
  • 12.00%
  • 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
  • 12%
  • 1 year/ 12 Months
  • -
  • Up to Rs.10 Lakhs
Business Loans Interest Rates
Interest Rate Term Period Loan Amount Minimum Loan Amount Maximum Note
  • 13.00%
  • 13.50%
  • 14.00%
  • 10 Years / 120 Months all above Loans
  • -
  • Rs.50 Lakhs
  • Rs.2 Crores
  • Rs.50 Lakhs
  • Rs. 2 Crore
  • Rs. 4 Crore

Exposure Limits

  1. For Individuals Rs.4 Crores
  2. For Groups:- Rs.10 Crores
Unsecured Overdraft Facility
Interest Rate Term Period Loan Amount Minimum Loan Amount Maximum Note
  • 16.00%
  • 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
  • 14.00%
  • 1 Year/12 Months
  • -
  • Up to Rs.1 Crore
Unsecured Loans Interest Rates
Interest Rate Term Period Loan Amount Minimum Loan Amount Maximum Note
  • 16.00%
  • 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
  • 11.00%
  • 1 Year / 12 Months
  • -
  • Up to 1 Crore
Education Loan Interest Rates
Interest Rate Term Period Loan Amount Minimum Loan Amount Maximum Note
  • 10.00%
  • 10.00%
  • 11.00%
  • 11.00%
  • 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

 

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