MAHESH BANK

Loan Interest Rates

LOANS & ADVANCES

Category

Rate of Interest* p.a.

Educational Loans

Upto Rs. 5.00 lacs
Above Rs. 5.00 lacs and upto Rs.20.00 lakhs
Above Rs. 20.00 lakhs

9.50%
10.50%
11.50%

Gold Loans

6 Months scheme with 2 Euated monthly Installments
12 months (Bullet payment) Mahesh Flexi Gold Loan
Gold Overdraft (only for business purposes and to be supported by business proof & financials)

8%
6.90%
9%

KCC against Warehouse Receipts

8.50% to 12% (as per credit rating)

Govt.Securities i.e. Bonds/Securities issued by State, Central Govt and RBI Relief Bonds, LIC Policies, NSC/KVP etc.

8% TO 10.50% (As per Credit Rating)

Advances against Rent Receivables

9% to 11.50%(as per credit rating)

Housing Loans:

a. uptoand incluive Rs.25 lacs

c. Above Rs.25 lacs
 

6.90% to 10.50%

9% to 12%(as per credit rating)
 

Advances against Shares

10.50%

Vehicle Loans
  • Against Corporate Guarantee
  • For borrowers enjoying credit limits with our bank with good track record
  • Others

9% to 12%(as per credit rating)
As per rate applicable to respective a/cs or 9% whichever is lower

9%

MSME Loans:
a) MSME (Secured)Loans

b) MSME (UnSecured)Loans

c) Non-MSME (Secured)Loans

d) Non-MSME (UnSecured)Loans

a) 9% to 16%

b) 10% to 17%

c) 9.50% to 16.50%

d) 10.50% to 17.50%(as per credit rating)

* For All above categories of products/services - Conditions apply
Loan Schemes
Mahesh Bank offers various credit facilities suiting the needs of the customers under different schemes.

  • Gold Loans
  • Mahesh Shiksha Loan (for education in India/Abroad)
  • Vehicle Loans
  • Consumer Loans
  • Mahesh Bank's NSC / KVP Loans/OD Facility
  • Housing Loans
  • Loans for Business
  • Industrial Finance
  • Mahesh Easy Loan for Professionals
  • GOD - Gold Overdraft
  • CAP - Credit Against Property
  • Loans & Advances Against Shares
  • Other Loan Facilities
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