STAFF COLLEGE

KRISHANA NAGAR MAHARANIPET

VISAKHAPATNAM 530002

INTEREST RATES CHART FOR RETAIL LOAN

HO CIR NO: 213/53/16 Dated 12.09.2017 &
HO CIR NO: 051/26/07 Dated 14.05.2018

WEF 15.05.2018
UP TO ABOVE ABOVE
36 M 36M 60 M MAX
SCHEME AND REPAYMENT
Remarks
UP TO PERIOD
60 M
1 Housing Loans Up to 75.00 lacs – 8.55 360 M MCLR +0.05
(Rated accounts – Score of 60 & above) (For Women) For Repairs
Up to 75.00 lacs – 8.60 240 M MCLR +0.10
(For Others)
Above 75.00 lacs – 8.65 MCLR +0.15
(For Women)
Above 75.00 lacs – 8.70 MCLR +0.20
(For Others)

For Repairs – 9.70 MCLR +1.20

2 Vehicle Loans -4 W- New 9.20 9.20 9.20 84 M MCLR +0.70

(Including Vanitha Vahan & Corporate) NO T.P.

3 Vehicle Loans -4 W- Used 11.95 12.20 NA 60 M MCLR +3.45 +

Applicable TP

4 Vehicle Loans - 2 W-New 10.45 10.70 NA 60 M MCLR +1.95 +

(including Vanitha Vahan) Applicable TP

5 Property Term Loans - PTL 10.55 10.80 11.05 180 M MCLR +2.05 +
(Against Residential, Commercial, Applicable TP
Industrial building & Plots)

6 Property Overdraft - POD 11.05 NA NA MCLR +2.55

(Against Residential, Commercial,
Industrial building & Plots)

7 Rent Receivable Loans 10.20 10.45 10.70 120 M MCLR +1.70 +

(Our Bank Landlords) Applicable TP

8 Rent Receivable Loans 9.70 9.95 10.20 120 M MCLR +1.20

(For others) TO TO TO to 2.70 +
11.20 11.45 11.70 Applicable TP
9 NAGL (One year tenor MCLR) One year MCLR + Business strategy 2.00%
8.50% + 2.00% = 10.50%

10 OVERDRAFT AG GOLD
ORNAMENTS 11.30 MCLR +2.80

11 Clean Loans Up to 36Months:

(Govt., employees & Pensioners) One year MCLR + Risk premium 0.50% + Business
strategy 2.50% = 8.50 +0.50 + 2.50 = 11.50%
 12 Clean Loans Up to 36Months:
(Others) One year MCLR + Risk premium 0.50% + Business
strategy 3.00% = 8.50 +0.50 + 3.00 = 12.00%
Above 36Months up to 60 Months:
One year MCLR + Risk premium 0.50% + Business
strategy 3.75% + TP 0.25%
= 8.50 +0.50 + 3.75 + 0.25 = 13.00%

13 Consumer Loans 12.00 13.00 NA 60 M Same as

(for purchase of consumer goods like TV, above
Fridge, Washing machine etc.)

14 Personal Loans against Govt. 13.45 13.70 NA 60 M MCLR +4.95 +

Securities (NSCs, KVPs, LIC Polices) Applicable TP

15 Educational loans Up to Rs.7.50 lacs – 10.50 120 M MCLR +2.00

(Studies India & abroad) Above Rs.7.50 lacs – 10.20 180 M MCLR +1.70

16 Educational loans 8.70 for IITs, BITS, IIM, XLRI, MDI, MCLR +0.20
(for premier Education Institutions) SPJJMR, IIIT, ISB
9.95 for IMT, SOMAIYA INST OF MGT, MCLR +1.45
JMAN LAL BAJAJ, NSIT

17 ABCALS Up to 3 years – 12.70 MCLR + 4.20

Above 3 years (Up to Rs.2.00 lacs) – MCLR + 4.45
12.95
Above 3 years (Above Rs.2.00 lacs) – MCLR + 5.45
13.95

18 Educational Loans 9.70 MCLR + 1.20

(Private Medical/Dental Colleges)

19 Educational Loans Up to Rs.7.50 lakhs – 10.00 MCLR + 1.50

(Staff Children) Above Rs.7.50 Lakhs – 9.70 MCLR + 1.20

20 AB Anand Jeevan 10.45 - MCLR +1.95

(Reverse mortgage)

21 AB Doctor+ Loans 11.95 84 M MCLR +3.45

NO TP

22 AB Nightingales 14.05 NA NA 36 M BR +4.50

23 AB Professional loans 11.95 60 M MCLR +3.45

NO TP

 MCLR FOR ONE YEAR TENOR WEF 15.05.2018 –8.50%

 TERM PREMIA – ABOVE 36M to 60M - 0.25%
 ABOVE 60M - 0.50%

*Term Premia is not applicable to Housing loans, Education Loans, AB Anand Jeevan, Car
Loans New, AB Doc+ loans, AB Professional loans & ABCALS)

**Term Premia is applicable to Property Term Loans, Rent Receivable Loans, LSS, Car
Loans (used cars), Two wheeler loans & Clean Loans.