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% |