![Service Charges & Fees](/-/media/project/bob/countrywebsites/guyana/default/generic-spotlight.jpg?h=250&iar=0&w=1366&hash=EF9055F241E18F095321E8DEB5559EC5)
Rates and Charges
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% |