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1. HOUSING LOAN SCHEME (Including Flexi/ Customised Housing /Max Gain and Indore Bank Reality)
(Existing interest rates w.e.f. 07.07.2008 vide circular P&SB/No/ 11/2008-09 dated 07.07.2008 )
(FLOATING RATE OF INTEREST)
UP TO RS. 30 LACS-
Upto 5 years-
Above 5 years and upto 15 years
Above 15 years and upto 25 years
ABOVE RS. 30 LACS-
Upto 5 years-
Above 5 years and upto 15 years
Above 15 years and upto 25 years
FLOOR RATE-Floor rate, i.e. the rate below which Home Loans may not be sanctioned. loan tenor upto 5 years- loan tenor above 5 years-
(FIXED RATE OF INTEREST)
FOR EXISTING HOUSE LOAN i.e. SANCTIONED BEFORE 16.08.2008
Upto 10 years
FOR HOUSE LOAN. SANCTIONED ON OR AFTER 16.08.2008
For loans upto and including Rs. 30 Lacs
For loans above Rs. 30 Lacs
(No fixed rate loans are to be given beyond 10 years) |
3.25% below BPLR i.e. 10.50 % p.a.
3.00% below BPLR i.e. 10.75 % p.a.
2.75% below BPLR i.e. 11.00 % p.a.
3.00% below BPLR i.e. 10.75 % p.a.
2.75% below BPLR i.e. 11.00 % p.a.
2.50% below BPLR i.e. 11.25% p.a.
3.50% below BPLR, i.e. 10.25% p.a. 3.25% below BPLR, i.e. 10.50% p.a.
12.75%
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3.75% below BPLR i.e. 10.50 % p.a.
3.50% below BPLR i.e. 10.75 % p.a.
3.25% below BPLR i.e. 11.00 % p.a.
2.50% below BPLR i.e. 11.75 % p.a.
2.25% below BPLR i.e. 12.00 % p.a.
2.00% below BPLR i.e. 12.25 % p.a.
4.00% below BPLR, i.e. 10.25% p.a. 3.75% below BPLR, i.e. 10.50% p.a.
12.75%
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