Bank´s BPLR is revised to 13.25 with effect from 17.04.2007. Accordingly all the lending rates linked to BPLR is revised upwards by 0.75% with effect from 17.04.2007

Revision In Lending Rates On Housing Loans To Customers

A) ROI on housing loans w.e.f. 4.10.2007:

Repayment period of the loan	EXISTING ROI (%) upto 03.10.2007		REVISED ROI (%) w.e.f. 04.10.2007
	Loans upto Rs. 20 Lakhs	Loans above Rs. 20 Lakhs	Loans upto Rs. 20 Lakhs	Loans above Rs. 20 Lakhs
Upto 5 years	10.75	11.00	10.25	10.50
Above 5 yrs upto 10 yrs	11.00	11.25	10.50	10.75
Above 10 yrs upto 15 yrs	11.25	11.50	10.75	11.00
Above 15 yrs upto 20 yrs	11.25	11.50	10.75	11.00

The revised rate of interest as above is applicable for fresh loans only.

Additional interest @ 0.25 % above the card rates for acquisition of second house / flat.

B) Margin for housing loans:

	Margin
	Loans uptoRs.20 lacs	Loans above Rs.20 lacs
New house / flat	15 %	20 %
Old house / flat	20 %	25 %

C) Loans for acquiring second house / flat:
Additional interest @ 0.25 % p.a. over and above the applicable rates.
Margin @ 25 %.

Home Improvement Loan
Rate of Interest:
w.e.f 19.02.2007
IF HOME IMPROVEMENT LOAN (HIL) IS AVAILED ALONG WITH THE HOUSING LOAN OR AN EXISTING HOUSING LOAN IS OUTSTANDING IN OUR BANK THE RATE OF INTEREST (ROI) AS APPLICABLE TO HOUSING LOANS.

IF THE HOME IMPROVEMENT LOAN IS AVAILED INDEPENDENTLY THE APPLICABLE ROI IS PREVAILING BPLR

CanSite
w.e.f 17.04.2007
Loans repayable in 5 years 13.25 %
Loans repayable in above 5 years term (Max of 10 years) 13.25%

Canjewel
w.e.f 17.04.2007
13.50% p.a.

Cantech
w.e.f 17.04.2007
13.50% p.a.

Cantravel
w.e.f 17.04.2007
13.50% p.a.

Canvalue
w.e.f 17.04.2007
13.25% p.a.

CanCash
w.e.f 17.04.2007
13.25% p.a.
On daily reducing balance,(Subject to change from time to time)

CanMobile (Car Loan / Two-Wheeler Loan)
w.e.f 17.10.2007
a) Car loan - 11.5% p.a (fixed)

CanBudget Loan Scheme (Simple Personal Loan)
w.e.f 17.10.2007
Floating Rate - 13.25% p.a.

CanPension
w.e.f 17.04.2007
Floating Rate – 11.50% p.a.
A concessional rate for our Senior Citizens!

Teachers Loan scheme
w.e.f 17.04.2007
Floating Rate -13.25 p.a.
A special rate available only for our Teaching fraternity!

	Revised Fixed rate w.e.f 17.04.2007	Revised Floating rate w.e.f 17.04.07
(xxii) CANRENT Canrent where the lessees are - Navaratna PSUs, AAACos, Fortune 500 Cos, MNCs, Banks, Insurance Cos Other than above	13.50* 14.00*	13.25 13.75
(xxiii)CAN MORTGAGE	15.25	15.00

Fixed rate loans to be reset every 3 years

Gold Loan/Swarna Loan Scheme
w.e.f 17.04.2007
12.50%

Loans for Traders & Businessmen:
Upto Rs.2 lakhs 13.25% p.a.
Above Rs.2 lacs including loans under priority sector 15.00% p.a.

Vidyasagar Loan for Students:
Rate of Interest : (Subject to changes as advised by Bank / RBI from time to time):

(1) Student satisfying DRI norms (irrespective of quantum of loan) (DRI:annual income less than Rs 7200 p.a)	4.00%
(2) Others - Upto Rs.4 lakhs - Above Rs.4 lakhs upto Rs. 7.50 lacs - Above Rs. 7.50 lacs upto Rs. 15 lacs (studies abroad)* - For students secured admission in IIT / IIM / ISB*	12.50% 13.50% 11.25% 10.75%

* for loans granted w.e.f. 9.7.2005

NOTE :
1) 0.50 % concession in ROI for prompt servicing of interest during study period.
2) Reduction of 1 % for all courses in all slabs / category for girl students for loans granted from 1.12.2005 to 30.6.2008.

Canmahila Loan Scheme
w.e.f 17.04.2007
14.00% p.a.

Doctor´s Choice (Medical practitioners Loan Scheme)
w.e.f 17.04.2007

Aggregate Limit	WORKING CAPITAL	TERM LOAN
Upto Rs 50000	11.00	11.50
>Rs. 50000 upto Rs. 2.00 lacs	11.50	12.00
> Rs. 2 lacs upto Rs.5 lacs	11.75	12.25
> Rs. 5 lacs upto Rs.10 lacs	12.75	13.25

IPO Financing:
w.e.f 17.04.2007
13.25% p.a.

Loans under ESOP Scheme :
w.e.f 17.04.2007
12.50% p.a.

Loans to assist employees to subscribe to shares of their own companies under reserve quota
w.e.f 17.04.2007
12.50% p.a.

Loans to individuals (Clean OD/DPN other than Teachers’ loan):
14.75% p.a.

BULC:
Upto 90 days 9.50% p.a.
Above 90 days Upto 180 days 10.50% p.a.

Loans to individuals against other approved securities:
w.e.f 17.04.2007
14.00% p.a.

Loans against Debt oriented MFs:
13.25% p.a.

Corporate Loan scheme:
11.00% p.a.y

STLR:
10.50% p.a.