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Current Interest Rates & APR
Current Interest Rates
| Product Type | Best Rate %* |
|---|---|
| Home Loan | 8.10% |
| Loan Against Property | 8.70% |
| Business Loan | 13.50% |
| Personal Loan | 10.50% |
| Professional Loan | 13.00% |
| Gold Loan | 10.50% |
| Doctor Loan | 11.25% |
| Fixed Deposit | 8.70% |
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Our News - Oct 2019
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10th Oct, 2019 :
Revised Fixed Deposit rates for State Bank of India
Leading Public Sector Bank, State Bank of India, revised interest rates on fixed deposits. The revised rate for 7-45 days is 4.50%, for 46-179 days, the rate is 5.50%, and for 180-364 days, the rate is 5.80%. The rate for a longer tenure of 1-2 years is 6.40%, and for 2-10 years, it is 6.25%. The rates are effective from October 10, 2019 -
10th Oct, 2019 :
Indian Bank revises lending rates
Indian Bank revised its Marginal Cost of Funds Based Lending rates, with effect from 3 October 2019. The revised rate for an overnight tenure is 7.95%, for one month, the rate is 8.05%, the rate for three months is 8.20%, for six months the rate is 8.25%, and for one year it is 8.35%.
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10th Oct, 2019 :
SBI reduces MCLR by 10 basis points
With effect from October 10, 2019, State Bank of India revised its lending rates, reducing them by 10 basis points. Revised MCLR for overnight and one month is 7.70%, for three months, it is 7.75%, and for six months it is 7.90%. For longer tenure of one, two, and three years, the rate is 8.05%, 8.15%, and 8.25%, respectively. The reduction is made keeping in mind the festive season ahead and in a bid to make retail loans cheaper and affordable.
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10th Oct, 2019 :
SBI cuts down interest on a savings account
The State Bank of India reduced interest rates on savings account with balances of less than Rs 1 lakh. Previously the interest rate on a savings account was 3.5%, which is now reduced to 3.25%. The new interest rates will be in effect from November 1, 2019.
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10th Oct, 2019 :
Punjab National Bank revises FD rates for October
Punjab National Bank revised interest on fixed deposits for the month of October. The revised interest rate for a period of 91-179 days is 5.55%, for 180 days to less than one year, the rate is 6.05%, the rate for 333 days is 6.15%, and from 1 year to 555 days, the rate is 6.60%. For longer tenure of above one year to up to 2 years, the rate is 6.50%, for two years and above up to 5 years, the rate is 6.35, and for above five years to up to ten years, the rate is 6.60%.
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