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Loan Against Property Interest Rates

Salaried Borrower

SlabPriority Sector Lending (PSL)Non Priority Sector Lending (Non PSL)
Up to 50 L RR +5.25% (10.30%) RR +5.25% (10.40%)
50 L - 1 Cr RR+5.10% (10.25%) RR +5.20% (10.35%)
More than 1 Cr RR +5.05% (10.20%) RR +5.15% (10.30%)

Self - Employed Borrower

SlabPriority Sector Lending (PSL)Non Priority Sector Lending (Non PSL)
Up to 50 L RR +5.15% (10.30%) RR +5.25% (10.40%)
50 L - 1 Cr RR+5.10% (10.25%) RR +5.20% (10.35%)
More than 1 Cr RR +5.05% (10.20%) RR +5.15% (10.30%)

Note : Priority Sector Lending (PSL) & Non Priority Sector Lending (Non PSL)

Repo Rate (RR) is 5.15% as on  October 4,  2019

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knowing iWish
by Menoka Chatterjee on Aug 19, 2019

Very very interesting. Perhaps the only bank offering this amazing flexibility.

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