Revision of Base Rate from 10.75% to 10.50% with effect from 01.05.2012
Increase in BPLR from 15 % to 15.50% with effect from 05.12.2011
The revised interest rates on Housing Loans linked to Base Rate shall be as under with effect from 01.08.2011
|
Type of Loan
|
Amount up to Rs. 30 Lakhs
|
Amount above Rs. 30 Lakhs
|
|
Spread over Base Rate
|
Interest Rate
|
Spread over Base Rate
|
Interest Rate
|
|
Repayment over 1 year up to 5 years
|
0.00
|
10.75
|
0.25
|
11.00
|
|
Repayment over 5 years up to 10 years
|
0.25
|
11.00
|
0.50
|
11.25
|
|
Repayment over 10 years
|
0.50
|
11.25
|
0.75
|
11.50
|