Rate of Interest Retail Loans
Rate of Interest Retail Loans | ||||||
MAHA SUPER HOUSING LOAN SCHEME | ||||||
1) Housing Loan Scheme | ||||||
Loan Amount | CIBIL score | Salaried | Non Salaried | |||
ROI | Effective ROI (%) | ROI | Effective ROI (%) | |||
Up to Rs 30 Lacs | 800 & above | RLLR - 0.40 | 6.80 | RLLR - 0.15 | 7.05 | |
750 to 799 | RLLR - 0.30 | 6.90 | RLLR - 0.05 | 7.15 | ||
700 to 749 | RLLR | 7.20 | RLLR + 0.05 | 7.25 | ||
650 to 699 | RLLR + 0.30 | 7.50 | RLLR + 0.40 | 7.60 | ||
600 to 649 | RLLR + 0.35 | 7.55 | RLLR + 0.65 | 7.85 | ||
Below 600 | RLLR + 0.80 | 8.00 | RLLR + 1.15 | 8.35 | ||
-1 to 05 | RLLR + 0.20 | 7.40 | RLLR + 0.45 | 7.65 | ||
Above Rs 30 Lacs | 800 & above | RLLR - 0.40 | 6.80 | RLLR - 0.15 | 7.05 | |
750 to 799 | RLLR - 0.30 | 6.90 | RLLR - 0.05 | 7.15 | ||
700 to 749 | RLLR | 7.20 | RLLR + 0.15 | 7.35 | ||
650 to 699 | RLLR + 0.35 | 7.55 | RLLR + 0.50 | 7.70 | ||
600 to 649 | RLLR + 0.40 | 7.60 | RLLR + 0.80 | 8.00 | ||
Below 600 | RLLR + 1.00 | 8.20 | RLLR + 1.50 | 8.70 | ||
-1 to 05 | RLLR + 0.35 | 7.55 | RLLR + 0.80 | 8.00 | ||
For loan above Rs 30.00 Lakh additional 15 bps in applicable ROI shall be applicable , if LTV is >80 to <=90 | ||||||
Concession of 0.05% to women & armed forces personnel subject to minimum floor ceiling of RLLR | ||||||
The Rate of interest concession (including concession for women borrower) will be applicable to borrower having CIBIL score 700 and below subject to minimum floor ceiling of RLLR. | ||||||
2.) Housing Loan Repair & Renovation & Top up Loan Repair and Renovation | ||||||
Loan Amount | CIBIL score | Salaried | Non Salaried | |||
ROI | Effective ROI (%) | ROI | Effective ROI (%) | |||
Up to Rs 30 Lacs | 750 & above | RLLR + 0.50 | 7.70 | RLLR + 0.75 | 7.95 | |
700 to 749 | RLLR + 0.50 | 7.70 | RLLR + 0.85 | 8.05 | ||
650 to 699 | RLLR + 0.75 | 7.95 | RLLR + 1.00 | 8.20 | ||
600 to 649 | RLLR + 0.85 | 8.05 | RLLR + 1.10 | 8.30 | ||
Below 600 | RLLR + 1.25 | 8.45 | RLLR + 1.50 | 8.70 | ||
-1 to 05 | RLLR + 0.75 | 7.95 | RLLR + 1.00 | 8.20 | ||
Above Rs 30 Lacs & Upto Rs 75.00 Lacs | 750 & above | RLLR + 0.50 | 7.70 | RLLR + 0.85 | 8.05 | |
700 to 749 | RLLR + 0.50 | 7.70 | RLLR + 0.90 | 8.10 | ||
650 to 699 | RLLR + 0.75 | 7.95 | RLLR + 1.10 | 8.30 | ||
600 to 649 | RLLR + 0.85 | 8.05 | RLLR + 1.15 | 8.35 | ||
Below 600 | RLLR + 1.25 | 8.45 | RLLR + 1.50 | 8.70 | ||
-1 to 05 | RLLR + 0.75 | 7.95 | RLLR + 1.10 | 8.30 | ||
Above Rs 75 Lacs | 750 & above | RLLR + 0.75 | 7.95 | RLLR + 0.95 | 8.15 | |
700 to 749 | RLLR + 0.75 | 7.95 | RLLR + 1.00 | 8.20 | ||
650 to 699 | RLLR + 0.85 | 8.05 | RLLR + 1.20 | 8.40 | ||
600 to 649 | RLLR + 1.00 | 8.20 | RLLR + 1.25 | 8.45 | ||
Below 600 | RLLR + 1.50 | 8.70 | RLLR + 1.75 | 8.95 | ||
-1 to 05 | RLLR + 0.85 | 8.05 | RLLR + 1.25 | 8.45 | ||
3.) Top up Loan other Purpose | ||||||
As per deduction norms | ROI | Effective ROI | ||||
Up to 60 | RLLR + 1.15 | 8.35 | ||||
Above 60 | RLLR + 1.40 | 8.60 | ||||
4.) Maha Super Car Loan Scheme | ||||||
Particulars | CIBIL score | Salaried | Non- Salaried | |||
ROI | ER | ROI | ER | |||
New 4 Wheeler | 800 and above | RLLR | 7.20 | RLLR | 7.20 | |
750 to 799 | RLLR + 0.25 | 7.45 | RLLR + 0.50 | 7.70 | ||
700 to 749 | RLLR + 0.50 | 7.70 | RLLR + 0.75 | 7.95 | ||
650 to 699 | RLLR + 1.45 | 8.65 | RLLR + 1.60 | 8.80 | ||
600 to 649 | RLLR + 1.75 | 8.95 | RLLR + 2.00 | 9.20 | ||
Below 600 | RLLR + 2.50 | 9.70 | RLLR + 3.50 | 10.70 | ||
-1 or 0 and 01 to 05 | RLLR + 0.90 | 8.10 | RLLR + 2.00 | 9.20 | ||
For Partnership Firms / Companies | RLLR + 1.40 | 8.60 | ||||
• 0.25 % Concession in ROI for Corporate salary account Holder ,Existing Housing Loan borrower ,MSME borrower & proffesional / self employed borrower having 1 year satisfactory relationship. | ||||||
• Concession of 0.05% to women & armed forces personnel subject to minimum floor ceiling of RLLR | ||||||
The existing Rate of interest concession in Car Loan Scheme will be applicable to borrower having CIBIL score below 800 subject to minimum floor ceiling of RLLR. | ||||||
5. Vehicle Loan Scheme | ||||||
CIBIL score | ROI | ER | ||||
2nd Hand Car Loan | 750 and above | RLLR + 3.15 | 10.35 | |||
700 to 749 | RLLR + 3.50 | 10.70 | ||||
650 to 699 | RLLR + 4.00 | 11.20 | ||||
600 to 649 | RLLR + 5.00 | 12.20 | ||||
Below 600 | RLLR + 6.00 | 13.20 | ||||
-1 or 0 and 01 to 05 | RLLR + 4.00 | 11.20 | ||||
6. Mahabank Personal Loan | ||||||
CIBIL Score | ROI | ER | ||||
750 and above | RLLR + 2.65 | 9.85 | ||||
700 to 749 | RLLR + 3.50 | 10.70 | ||||
650 to 699 | RLLR + 4.50 | 11.70 | ||||
600 to 649 | RLLR + 6.00 | 13.20 | ||||
-1 or 0 and 01 to 05 | RLLR + 5.00 | 12.20 | ||||
7. Loan against self-occupied Property | ||||||
CIBIL SCORE | ROI | ER | ||||
750 and above | RLLR + 1.65 | 8.85 | ||||
700 to 749 | RLLR + 2.00 | 9.20 | ||||
650 to 699 | RLLR + 2.15 | 9.35 | ||||
600 to 649 | RLLR + 2.40 | 9.60 | ||||
Below 600 | RLLR + 2.65 | 9.85 | ||||
-1 or 0 and 01 to 05 | RLLR + 2.15 | 9.35 | ||||
8. Other Retail Loans | ||||||
Particulars | Classification | ROI | ER | |||
Education Loan | Up to Rs 7.50 Lacs | RLLR + 2.00 | 9.20 | |||
Above Rs 7.50 Lacs | RLLR + 1.65 | 8.85 | ||||
Maha Scholar Education Loan Scheme | List A | RLLR + 0.15 | 7.35 | |||
List B (Up to 7.5 Lacs) | RLLR + 0.90 | 8.10 | ||||
List B (above 7.5 Lacs) | RLLR + 0.65 | 7.85 | ||||
List C (Up to 7.5 Lacs) | RLLR + 1.15 | 8.35 | ||||
List C(above 7.5 Lacs) | RLLR + 0.90 | 8.10 | ||||
Skill Loan | Up to Rs. 1.50 Lacs | RLLR + 1.50 | 8.70 | |||
Consumer Loan | - | RLLR + 3.90 | 11.10 | |||
Gold Loan Retail | - | RLLR | 7.20 | |||
Aadhar Loan | For Defence and BOM Retired staff pensioners | RLLR + 1.20 | 8.40 | |||
For Others | RLLR + 1.70 | 8.90 | ||||
Salary Gain scheme | - | RLLR + 3.15 | 10.35 | |||
Reverse Mortgage Loan Scheme | Up to Rs. 100.00 Lacs | RLLR + 1.15 | 8.35 | |||
Solar water heating | - | RLLR + 4.15 | 11.35 | |||
Loan against Paper Security | - | RLLR + 2.15 | 9.35 | |||
Lease Rental Discounting | RLLR + 1.15 | 8.35 | |