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Last Updated on 08/03/2023
Lending_Interest_Rates

  • a. Repo Rate to be updated w.e.f 08.02.2023 as 6.50%
  • b. Markup: 2.85%
  • c. RLLR (w.e.f 08.02.2023) - 9.35%
  • d. One Year MCLR w.e.f 10.03.2023: 8.60%

Schemes RLLR / MCLR Spread (%) Interest Rate (%)
IOB SURYA - INDIVIDUALS RLLR 1.45 10.8
HOUSING LOANS
UPTO Rs. 24.99 LACS RLLR 0.2 9.55
Rs. 25.00 LACS and Above STARTS @ 8.85% FINAL PRICING WILL BE BASED ON INTERNAL SCORING MODEL OF THE BANK.
Special Interest Concession Available to Women Borrower upto 31.03.2023
SUBHAGRUHA TOP UP LOANS
Upto Rs. 30.00 Lakhs RLLR 2.3 11.65
Above Rs. 30.00 Lakhs to Rs. 1.00 Crore RLLR 2.25 11.6
Above Rs. 1.00 Crore RLLR 2.75 12.1
HOME IMPROVEMENT
Upto Rs. 2.00 Lakhs RLLR 0.3 9.65
ABOVE Rs. 2.00 LACS RLLR 0.45 9.8
Home Décor
Upto Scheme Limit RLLR 2.85 12.2
IOB Home Advantage Scheme
Upto Rs. 30.00 Lacs RLLR 1.6 10.95
Above Rs. 30.00 Lacs to Rs. 75.00 Lacs RLLR 1.65 11
Above Rs. 75.00 Lacs RLLR 1.8 11.15
Subhagruha CC Loans      
Upto Rs. 30.00 Lacs RLLR 0.35 9.7
Above Rs. 30.00 to Rs. 75.00 Lacs RLLR 0.4 9.75
Above Rs. 75.00 Lacs RLLR 0.55 9.9
EDUCATIONAL LOANS
VIDYA SURAKSHA RLLR 2.2 11.55
VIDYA JYOTI RLLR 3.2 12.55
VIDYAJYOTI - WARD OF STAFF RLLR 1.9 11.25
SKILL LOAN RLLR 1.7 11.05
VIDYA SHREST
A RATED INSTITUTIONS RLLR 0.4 9.75
B RATED INSTITUTIONS RLLR 0.9 10.25
IOB SCHOLAR
UPTO Rs. 7.50 LACS RLLR 2.2 11.55
ABOVE Rs. 7.50 LACS RLLR 3.2 12.55
STAFF WARD RLLR 1.9 11.25
BIHAR STUDENT CREDIT CARD SCHEME
UPTO Rs. 4.00 LACS RLLR 2.2 11.55
STAFF WARD RLLR 1.95 11.3
NCT DELHI SCHEME RLLR 2.2 11.55
IOB CAREER DREAM
LOANS SECURED BY LIC/KVP/NSC ETC RLLR 3.45 12.8
LOANS WITHOUT SECURITY/IMMOVABLE PROPERTY RLLR 3.95 13.3
VEHICLE LOAN*
TWO WHEELER RLLR 3.2 12.55
FOUR WHEELER (Loans Less than Rs. 10.00 Lacs)* RLLR 0.7 10.05
*Upto 0.50% Special Interest Concession to Borrowers with CIC Score of 750 and above, 0.20% To borrowers for financing Electirc 4 Wheelers and 0.20% to existing Housing Loan Borrowers of IOB. (T&Cs Apply)
FOUR WHEELER (Loans of Rs. 10.00 Lacs and above) STARTS @ 8.85% FINAL PRICING WILL BE BASED ON INTERNAL SCORING MODEL OF THE BANK.
PERSONAL LOAN TO HNIs**
REPAYMENT LESS THAN 4 YEARS RLLR 3.15 12.5
REPAYMENT ABOVE 4 YEARS RLLR 3.65 13
PERSONAL LOAN**
PERSONAL LOAN CATEGORY-A RLLR 3.15 12.5
PERSONAL LOAN CATEGORY-B RLLR 3.65 13
PERSONAL LOAN CATEGORY-C RLLR 4.15 13.5
LOAN AGAINST PROPERTY***
UPTO Rs. 1.00 CRORE MCLR 2.2 10.50
ABOVE Rs. 1.00 CRORE MCLR
 2.7 11.00

Types of Jewel Loan Schemes

SLAB

ROI
KCCJL Up to Rs.3 Lacs With Interest subvention under KCC 7% (for prompt payment additional subvention of 3%)
(Agricultural Jewel Loan) Without interest subvention MCLR+0.90%
  Above Rs.3 Lacs up to Rs.10 Lacs MCLR+2.50 %
AGTAJ Maximum Up to Rs.25 Lacs RLLR+0.20%
(Agriculture Term Loan - Jewellery)
JL-Others Maximum Up to Rs.25 Lacs RLLR+0.55%
(Jewel Loan - Others)
JLSWL Up to Rs.3 Lacs MCLR+1.40%
(IOB Swarnalakshmi) Above Rs.3 Lacs up to Rs.5 Lacs MCLR+1.90%
JLSME Up to Rs.2 Lacs RLLR+0.80%
(Jewel Loan SME) Above Rs.2 Lacs up to Rs. 5 Lacs RLLR+2.05%

  • *0.50% Special Interest Concession to Borrowers with CIC Score of 800 and above, 0.20% To borrowers for financing Electirc 4 Wheelers and 0.20% to existing Housing Loan Borrowers of IOB. (T&Cs Apply)
  • **1.00% Special Interest Concession to Borrowers with CIC Score of 800 and above. (T&Cs Apply)
  • ***1.00% Special Interest Concession to Borrowers with CIC Score of 800 and above. (T&Cs Apply)

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