Types of Loan Accounts

Type of Loan Account

Amount & Duration

Rate of Interest

Varadahatha Loan,
   Personal Loan,
   Special Loan
Up to Rs. 1,25,000/-,
Duration 3 to 5 yrs.
14%
Varadahatha Loan,
   Personal Loan,
   Special Loan
Rs. 1,25,000/- to Rs. 2,00,000/-,
Duration 3 to 5 yrs.
15%
Education Loan Rs. 2,00,000/- 11%
Manikkanchan Loan Rs. 27,000/- for 10 gms.
Duration 3 yrs
11%
Gold Loan Rs. 30,000/- for 10 gms.
Duration 12 months
10%
Home Loan -
   For Buying Residence
Rs. 40,00,000/-,
Duration 15 yrs.
9.5% to 11%
Home Loan -
   For Business
Rs. 40,00,000/-,
Duration 3 yrs. to 7 yrs.
11% to 13%
Business Loan (Project Loan)
   For Construction Business
Rs. 40,00,000/-,
Duration 3 yrs. to 7 yrs.
15%
Business Loan - Secured
   For Business
Rs. 40,00,000/-,
Duration 3 yrs. to 7 yrs.
11% to 13%
Home Loan - For
   House Repair
   Family Celebration
   Returning of Hand Loan/s 
Rs. 15,00,000/-,
Duration 5 yrs. to 7 yrs.
12% to 13%
 


       






















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