Loans against Property - Interest Rates
Loans Against Property
Loans Against Property
Marginal Cost of Funds based Lending Rate (MCLR) w.e.f. 01.11.2016
Where more than 50% of NMI is coming from Salary Income
Loan Amount | Interest Rate |
---|---|
Upto Rs. 1 crore | 1.45% + 1 yr MCLR |
Above Rs. 1 cr & upto Rs. 2 crs. | 2.10% + 1 yr MCLR |
Above Rs. 2 crs. & upto Rs. 7.50 crs. | 2.50% + 1 yr MCLR |
Where more than 50% of NMI is coming from Business/Profession or rental Income:
Loan Amount | Interest Rate |
---|---|
Upto Rs. 1 crore | 2.10% + 1 yr MCLR |
Above Rs. 1 cr & upto Rs. 2 crs. | 2.60% + 1 yr MCLR |
Above Rs. 2 crs. & upto Rs. 7.50 crs. | 3.00% + 1 yr MCLR |
(Interest rate will be reset at the end of every year from the date of first disbursement on the basis of prevailing one year MCLR as on the date of reset.)
Rent Plus: (Since Withdrawn)
Last Updated On : Monday, 11-11-2019

Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
6.50% p.a.
for loan amount up to Rs. 2 lacs
8.65% p.a.
for loan amount > Rs. 2 lacs up to Rs. 6 lacs
Loan Schemes Landing

Loan Against Securities And Consumer Durable Loans

Criteria
- Features
- Eligibility
- Terms and Conditions

Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
6.50% p.a.
for loan amount up to Rs. 2 lacs
8.65% p.a.
for loan amount > Rs. 2 lacs up to Rs. 6 lacs