We always try to provide the best Loan services to customers.Also we have different rules and terms according to different requirments of clients.All customers are requested to refer Rates of Interest we provide on different loans.
An interest rate is the percent of principal charged by the lender for the use of its money.The principal is the amount of money lent.As a result, banks pay you an interest rate on deposits. They are borrowing that money from you.Interest rates vary according to the government's directives to the central bank to accomplish the government's goals.
Revised Interest rates are applicable to new Loans and all Advances and renewed Loans/Advances/CC/OD only and NOT applicable to old/existing Loans. Applicable to all Cash Credits.