Rg. No. YML/BNK 144
ISO 9001:2015 & ISO 27001:2013 CERTIFIED BANK
Rate of Interest Loan
Rate of Interest Loan W.E.F. 01 October 2022
Note
For GL 173 a) If no stock statement b) Non-recovery of TOD (GL198) If either of these is not met or the interest rate is not recovered the account will incur 2% excess interest.
For GL168 and GL170 (a) Non-recovery of interest b) Non-recovery of TOD GL198 If any of these conditions are not met then the account will incur 2% additional interest
Doctor Chartered Accountant Professor and Architect if their loan account is closed within three years, 2% interest will be charged in addition to the prevailing rate of interest.
Gold Pledge Loan and Warehouse Receipt / Pledge Loan will incur 2% grandfathered interest on the expiry of the loan term.
3% additional interest will be charged on the overdue installment amount in all types of installment ban accounts 6) Interest will be charged on Nazargahan / Cash Loan and SSI Unit (Working Capital) loan limit accounts as per credit rating
