LOANS AGAINST SECURITIES

1 year MCLR 9.05% w.e.f. 01.10.2016

Loan against Bank Time Deposit
Tenure Rate of Interest*

Loan against Bank Time Deposits

1.00% over the rate paid on Relative time deposit.

Loan against NRO Fixed Deposit

1.00% over the rate paid on Relative time deposit.

Loan against NRE Fixed Deposit

1.00% over the rate paid on Relative time deposit.

Loan against Floating Rate Term Deposit

1.50% over the rate paid on Relative time deposit


PERSONAL LOAN – FLOATING INTERST RATE

LOAN AGAINST SECURITIES

Loans against NSCs/KVPs/RBI Relief Bonds/Surrender Value of SBI Life /LIC/SBI Magnums,etc.
Tenure Rate of Interest*

All Tenures

4.65% above 1 year MCLR, currently 13.55% p.a.


Loan against security of FCNR (B) Deposit.
Tenure Rate of Interest*

Loan against security of FCNR(B) Deposit

240 bps above 1 year MCLR i.e., 11.30% p.a.


Loans against Shares / Debentures / Bonds
Scheme Rate of Interest*

Equity Plus Scheme

6.65% above 1 year MCLR, currently 15.55% p.a.

Loans against Shares

3.15% above 1 year MCLR, currently 12.05% p.a.

Loans against Debentures

6.65% above 1 year MCLR, currently 15.55% p.a.

Loan to employees to subscribe for ESOPs

6.65% above 1 year MCLR, currently 15.55% p.a.


Loan for subscription to IPOs
Scheme Rate of Interest*

For employees qualifying under Xpress Credit

6.65% above 1 year MCLR, currently 15.55% p.a.

For Others

7.15% above 1 year MCLR, currently 16.05% p.a.


Loan against units of SBI Debt Fund Series
Scheme Rate of Interest*

Short Duration Loan

4.65% above 1 year MCLR, currently 13.55% p.a.

Long Duration Loan

4.65% above 1 year MCLR, currently 13.55% p.a.