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LOANS AND ADVANCES

Loans and Advances Rates

Retail Loan and Advances

PRODUCTS MAXIMUM LOAN AMOUNT (in Rs.) INTEREST RATE TERM (YEARS)
HOME LOAN 30,00,000/- 9.90% 20
TWO WHEELER 10,00,000/- 10.50% 5
CAR LOAN 30,00,000/- 9.90% 7
USED CAR(NOT MORE THAN 5 YRS. OLD 5,00,000/- 11.50% 5
SECURITY (MORTGAGE) LOAN / OVERDRAFT 30,00,000/- 12.00% 15 Years for loan & 1 Year for O.D
HIGHER EDUCATION LOAN 20,00,000/- FOR INDIA:- 9.90% 

FOR ABROAD:- 10.90%

10 Years after Moratorium
(Moratorium period max 5 years)
HOUSING EXTENSION LOAN 30,00,000/- 10.50% 15
WORKING CAPITAL C.C (1) Rs.60,00,000/-for
Individual, Proprietorship & Partnership firm. 
(2) Rs.2,00,00,000/- for LLP/Pvt.Ltd.Co./Ltd.C
o./Incorporate Registered Body.
12.00% 1
CONSUMER DURABLE GOODS 1,00,000/- 11.95% 3
OD / LOAN AGAINST NSC/KVP/LIFE POLICY 60,00,000/- 10.50% Upto Maturity of instrument
COMMERCIAL VEHICLE 40,00,000/- 11.90% 7
COMMERCIAL LOAN 1) Rs.60,00,000/- for
Individual, Proprietorship & Partnership firm.
(2) Rs.2,00,00,000/- for
LLP/Pvt.Ltd.Co./
Ltd.Co./ Incorporate
Registered Body.
12.00% 15

Prevailing Rates of Interest on Loans & Advances of GSC Bank

(Other than Retail Loan)

Sr. No. Types of Loans & Advances Rate of Interest
1 For the DCCBs
1.1 S.T. Agri. (SAO) Loan
[a] Margin on NABARD Refinance 0.50%
[b] Loan from Own Fund 9.00% to 10.00%
1.2 S.T. Others Loan (Including Marketing Crops)
[a] Margin on NABARD Refinance 0.50%
[b] Loan from Own Fund 12.00%
1.3 Non Agri. Cash credit:
[a] Non Agri. C.C. (Normal) (Monthly Interest) 11.50%
[b] Non Agri. C.C. (Sugar) (Half Yearly Interest) 12%
2 Non Agri. Cash Credit to UCBs (Monthly Interest) 12.00%
3 Refinance Rate on Bank Margin received from NABARD / SIDBI / IDBI / NHB & Other Financial Institute
for DCCB & UCB
[a] {I} Agri. and Farm Sector 0.25%
      {II} Non – Agri and Non – Farm Sector 0.40%
[b] Loan from Own Fund (Margin on NABARD Refinance Rate ) 1%
4 Direct finance to Co-op. Institutions, Corporation &
Other Institutions(Monthly Interest)
[a] Pledge Cash Credit 11.50%
[b] Hypothecation Cash Credit 12.50%
[c] Non Agri Cash Credit 11.50%
[d] Medium / Long Term Non Agri Loan 11.50%
[e] Bank Guarantee – commission (Quarterly Basis)
{I} 25% F.D.R + 75% Valid Securities by Bank 2.00% + Service Tax
{II} 100% F.D.R 1.00% + Service Tax
5 JLG Scheme – Term Loan / C.C. 12.00%
6 SHG Scheme – Term Loan / C.C. 12.00%
7 Agricultural Term / Project Loan 11.00%

* Kindly verify any information given here with GSC Bank, as the rates are subject to change.