Interest Rates
Term of the loan
Upto Rs 2 lacs
Above Rs 2 lacs
5 years
10.00%
10.00%
6 to 10 years
10.75%
11.00%
11 to 15 years
11.00%
11.25%
16 to 20 years
11.50%
11.75%
 

Special concession in interest rates (available for all the schemes) :

by 0.25% on loans above Rs.2 lakhs and

for repayment term above 5 years
 
Note:

The above rates are applicable for loans to resident individuals as well as loans to Non Resident Indians.

Maximum period for Non Resident Indians is 5 to 10 years.

In the case of NRIs, repayment period of above 7 to 10 years is applicable only to persons with professional qualifications.

For Site Loan, maximum repayment period is 10 years.
For Extension/Repair/Renovation/Upgradation, maximum repayment period is 15 years.
 
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