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 12st Dec 2018 (Board resolution dated 07/12/2018)

Housing Loan Interest Rates
Interest Rate Term Period Loan Amount Minimum Loan Amount Maximum Note
  • 11.50%
  • 12.50%
  • 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%
  • 14.50%
  • 15%
  • 14.50%
  • 10 Years / 120 Months all above Loans
  • -
  • Rs.20 Lakhs
  • Rs.50 Lakhs
  • -
  • Up to Rs.20 Lk
  • Up to 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 Rs.20 Lakhs)
Used Vehicle Loans Interest Rates
Interest Rate Term Period Loan Amount Minimum Loan Amount Maximum Note
  • 13.00%
  • 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%
  • 13%
  • 1 year/ 12 Months
  • 1 year/ 12 Months
  • Above 5 lakhs
  • Up to Rs.10 Lakhs
  • Up to Rs.5 Lakhs
Business Loans Interest Rates
Interest Rate Term Period Loan Amount Minimum Loan Amount Maximum Note
  • 13.00%
  • 13.50%
  • 14.00%
  • 14.50%
  • 10 Years / 120 Months all above Loans
  • -
  • Rs.20 Lakhs
  • Rs.50 Lakhs
  • Rs.1.5 Crore
  • Rs.20 Lakhs
  • Rs.50 Lakhs
  • Rs.1.5 Crore
  • Rs.3.25 to Rs.8.5 Crores

Exposure Limits

  1. For Individuals Rs.3.25 Crores
  2. For Groups:- Rs.8.5 Crores
Unsecured Overdraft Facility
Interest Rate Term Period Loan Amount Minimum Loan Amount Maximum Note
  • 16.00%
  • 36 to 60 Months
  • -
  • Up to Rs.3 Lakhs (Unsecured)
Secured Loans Interest Rates
Interest Rate Term Period Loan Amount Minimum Loan Amount Maximum Note
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
  • 12.00%
  • 12.00%
  • 60 to 84 Months
  • -
  • -
  • Up to Rs.10 Lakhs (In India)
  • Up to Rs.20 Lakhs (Abroad)