Lending rates on and after 23 November for quota loans. M = repayable by maturity. A = repayable by annuity. EIP = ...
Lending rates on and after 23 November for quota loans. M = repayable by maturity. A = repayable by annuity. EIP = equal instalments principle.
Over 3 up to 4 EIP 5 3/4 (-1/8) A 5 3/4 (-1/8) M 6 1/4
1 year M 5 1/4 (-1/8)
Over 1 up to 2 EIP 5 3/8 (-1/8) A 5 3/8 (-1/8) M 5 3/4
Over 2 up to 3 EIP 5 5/8 A 5 5/8 (-1/8 M 6
Over 4 up to 5 EIP 5 7/8 (-1/8) A 6 M 6 1/2
Over 5 up to 6 EIP 6 (-1/8) A 6 1/8 M 6 3/4
Over 6 up to 7 EIP 6 1/8 (-1/8) A 6 1/4 M 6 7/8 (-1/8)
Over 7 up to 8 EIP 6 3/8 A 6 3/8 ...... M 7 1/8
Over 8 up to 9 EIP 6 1/2 A 6 5/8 M 7 1/4
Over 9 up to 10 EIP 6 5/8 ...... A 6 3/4 M 7 3/8
Over 10 up to 15 EIP 7 1/8 ...... A 7 1/4 ...... M 7 5/8
Over 15 up to 25 EIP 7 1/2 A 7 5/8 M 7 5/8
Over 25 EIP 7 5/8 A 7 5/8 M 7 5/8
Non quota A and B rates are 1% and 2% above quota rates.
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