For Traders in construction materials / interiors
ROI on OCC:
If collateral cover (minimum 100%) is < 125%: 12.40% (BR + 2.00%)
If collateral cover is 125% & above: 12.15% (BR + 1.75%)
For SOD-RE:
If security coverage (minimum 167%) is < 200%: 12.40% (BR + 2.00%)
If security coverage is 200% & above: 12.15% (BR + 1.75%)
For Contractors
SOD-RE & HPL(M): 12.90% (BR + 2.50%)
ROI on OCC:
If collateral cover (minimum 100%) is < 125%: 12.40% (BR + 2.00%)
If collateral cover is 125% & above: 12.15% (BR + 1.75%)
For SOD-RE:
If security coverage (minimum 167%) is < 200%: 12.40% (BR + 2.00%)
If security coverage is 200% & above: 12.15% (BR + 1.75%)
For Contractors
SOD-RE & HPL(M): 12.90% (BR + 2.50%)
The Above interest rate is of KVB Construction Plus Scheme
For other bank loan interest rates Click here