Rate of interest on Loans & Advances

PRIME LENDING RATE: 10.00% p.a. w.e.f  01.01.2020

  Particulars Rate of interest p.a. w.e.f 01.01.2020
Car Loan 12.50%
     
Housing Loans to Low Income Individuals

 

(Net monthly income up to G$ 100,000)

6.80%
  Normal Housing Loan  
Loan up to G$ 5 million 8.50%
Loan above G$ 5 million and up to G$ 10 million 10.00%
Loan above G$ 10 million 12.00%
     
Loan/ OD against Bank own deposits 3.00% above the contractual rate of

 

SDR/ FDR

     
Personal Loan 18.00%
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