What is the rate of interest loans granted to MLA’s?
The rate of interest is only 4%.
What is the rate of interest on grant of advance for professional courses of children of govt. Employees?
The rate of interest will be equal to that of general provident fund.
What is the rate of interest on scooter/MCA ?
Scooter advance rate of interest is 11.5% and on MCA it is 15%.
Is there any concession in rate of interest due on HBA ?
Yes, there is 0.5 % rebate on Interest amount due on HBA is allowed for operating small family norms.
What is the rate of interest on HBA/MCA/EDU Loan etc.
The following are the rate of interest on above mentioned loans.
Loan amount upto Rs.50000 Rate of interest 7.5%
Loan amt. Upto Rs.150000 ROI 9%
Loan amt. Upto Rs.500000 11%
Loan amt. Upto Rs.750000 12.5%
Scooter advance 11.5%