Rate of Interest for Retail Schemes

RATE OF INTEREST FOR RETAIL SCHEMES

Presently, RBLR = 9.25% [Repo (6.25%) + Spread (3.00%)]

ROI’s in all schemes are linked to RBLR/ Repo

S N

Scheme Name

Rate of Interest (Range)

Present Range^

1.

Cent Home *

RBLR – 0.85%   TO   RBLR+0.15% 

8.40% to 9.40%

2.

Cent Grih Lakhsmi Home*

RBLR – 1.00%   TO   RBLR – 0.10%

8.10% to 9.00%

3.

Cent Home Loan for 3rd/ 4th House*

RBLR                   TO   RBLR + 0.50% 

9.25% to 9.75%

4.

Cent Home Double Plus ^@

RBLR                   TO   RBLR + 0.45% 

9.25% to 9.70%

5.

Cent Top Up *

RBLR – 0.35%  TO   RBLR + 0.35%

8.90% to 9.60%

6.

Cent Vehicle (4 Wheeler)*

RBLR – 0.65%  TO   RBLR + 0.80%

8.60% to 10.05%

7.

Cent Vehicle (2 Wheeler)*

RBLR + 2.00%  TO   RBLR + 2.80%

11.25% to 12.05%

8.

Cent Go Green Vehicle (4 Wheeler)*

RBLR – 0.65%  TO   RBLR + 0.80%

8.60% to 10.05%

9.

Cent Go Green Vehicle (2 Wheeler)*

RBLR + 2.00%  TO   RBLR + 2.80%

11.25% to 12.05%

10.

Cent EV 2 Wheeler for Females*

RBLR + 0.60%  TO   RBLR + 1.15%

9.85% to 10.40%

11.

Cent Combo Vehicle*

RBLR – 0.75%  TO   RBLR + 0.10%

8.50% to 9.35%

12.

Cent Personal^#

RBLR + 2.65%  OR  RBLR + 3.45%

11.90% to 12.65%

13.

Cent Pension

RBLR + 1.60%

10.85%

14.

Cent Rental

(i) Loan with Repayment Up to 3 Yrs

RBLR + 2.80%

12.05%

(ii)Loans with Repayment Above 3 Yrs

RBLR + 3.30%

12.55%

15.

Cent Mortgage*

RBLR + 0.40%  TO  RBLR + 3.65%

9.65% to 12.90%

16.

Cent Gold Loan (Retail/ MSME)

RBLR – 0.95%  TO  RBLR + 0.15%

8.40% to 9.40%

Cent Gold Loan (Agri)

(i) With Interest Subvention

7% for loans up to Rs. 3.00 Lakh

(ii)For Non -Interest Subvention

6(M) MCLR–0.30% TO 6(M) MCLR+0.30%

8.55% to 9.15%

17.

Cent Surya Ghar

1. For loans up to Rs.2 Lakh

2. Home Loan borrower (> Rs.2 Lakh)

3. Non-Home loan borrower (>2 Lakh)

Repo + 0.50%

As per Cent Home loan Scheme

As per Cent Home loan Scheme + 1%

6.75%

8.40% to    9.40%

9.40% to 10.40%

18.

Cent Skill

RBLR + 1.50%

10.75%

19.

Education Loans under various Categories