Industrial Loan

CIRCULAR

Sl.No Particulars Revised rate of interest
1 Industrial loan (industrial expansion, sugar, rice, soya & finished goods, godown pledge, key loan)
Monthly or quarterly installment & interest payable 11.00%
Half yearly & yearly installment & interest payable 12.00%
Industrial cash credit loan (pledge of industrial finished goods)
Monthly or quarterly installment & interest payable 11.50%
Half yearly & yearly installment & interest payable 12.50%
quarterly interest to be debited to loan account compulsorily
Industrial overdraft loan & harvesting loan
Monthly or quarterly installment & interest payable 12.00%
Half yearly & yearly installment & interest payable 12.50%
Industrial consortium loan
Monthly or quarterly installment & interest payable 12.00%