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Lending_Interest_Rates

Last Updated on: 04/07/2025

Lending_Interest_Rates

Home >> Customers Corner >> Knowledge >> Interest Rates >> Lending Interest Rates

  • a. Repo Rate to be updated w.e.f 12.06.2025 as 5.50%
  • b. Markup: 2.85%
  • c. RLLR (w.e.f 12.06.2025) - 8.35%%
  • d. The Effective Base Rate will be 10.00% with Effect from 15.08.2024 until further review
  • e. One Year MCLR w.e.f 15.01.2025 will be 9.10%
  • f. Processing charges on home and vehicle loans are waived off until 31.03.2025.

 

❱ HOUSING LOAN

Housing Loan Schemes: Andhra Pradesh Housing Loan Scheme, Subhagruha Gen Next, NRI Housing Loans: Gen Next, Housing Loan AHP TN, Housing Loan BLC TN, Subhagruha-Housing Loans, Housing Loan To NRI- HLNRI, Housing Loan Gharonda 2.0, MO Ghara -Odisha And Housing Loan AHP Karnakata (w.e.f 17.06.2025)

Term Loan Salaried Non-Salaried
Risk Grade Interest Rate ROI Interest Rate ROI

CIC-1 (>= 800)

RLLR - 1.00

7.35

RLLR - 0.90

7.45

CIC-2 (775 to 799)

RLLR - 0.95

7.40

RLLR - 0.85

7.50

CIC-3 (750 to 774)

RLLR - 0.65

7.70

RLLR - 0.55

7.80

CIC-4 (725 to 749) & NTC

RLLR - 0.35

8.00

RLLR - 0.25

8.10

CIC-5 (700 to 724)

RLLR - 0.25

8.10

RLLR - 0.15

8.20

CIC-6 (680 to 699)

RLLR + 0.00

8.35

RLLR + 0.10

8.45

 

❱ IOB Home Advantage: (w.e.f 17.06.2025)

Individual Term Loan
Risk Grade Interest Rate ROI

CIC-1 (>= 800)

RLLR + 0.65

9.00

CIC-2 (775 to 799)

RLLR + 0.75

9.10

CIC-3 (750 to 774)

RLLR + 0.90

9.25

CIC-4 (725 to 749) & NTC

RLLR + 1.15

9.50

CIC-5 (700 to 724)

RLLR + 1.40

9.75

CIC-6 (680 to 699)

RLLR + 1.65

10.00

 

❱ IOB Easy Plot

A. Upto 5 Years from Master Creation

Term Loan Salaried
Risk Grade Interest Rate ROI at Present

CIC-1 (>= 800)

RLLR + 1.15

9.50

CIC-2 (775 to 799)

RLLR + 1.25

9.60

CIC-3 (750 to 774)

RLLR + 1.40

9.75

CIC-4 (725 to 749) & NTC

RLLR + 1.65

10.00

CIC-5 (700 to 724)

RLLR + 1.90

10.25

CIC-6 (680 to 699)

RLLR + 2.15

10.50

(This above interest Rates are valid upto 5 years from date of master creation, post which the interest rates will be switched over to table - B unless extended by the sanctioning authority for one more year)

B. After 5 years from Master Creation (Commercial Rate for the scheme if House construction is not completed)

 

Term Loan Salaried
Risk Grade Interest Rate ROI at Present

CIC-1 (>= 800)

RLLR + 3.55

11.90

CIC-2 (775 to 799)

RLLR + 3.60

11.95

CIC-3 (750 to 774)

RLLR + 3.65

12.00

CIC-4 (725 to 749) & NTC

RLLR + 3.75

12.10

CIC-5 (700 to 724)

RLLR + 3.95

12.30

CIC-6 (680 to 699)

RLLR + 4.15

12.50

 

❱ IOB SURYA

Individual Interest Rate ROI Non-Individual Interest Rate ROI

Loan Upto Rs. 2.00 Lakhs

RLLR - 1.35

7.00*

Irrespective of Loan Amount

RLLR + 1.65

10.00
* -Minimum Floor Rate should be 7%

Loan Above Rs. 2.00 Lakhs
Term Loan

 Individual

Risk Grade

INTREST RATE

ROI

750 & Above

 RLLR + 0.50

 8.85

700 to 749

 RLLR + 1.15 9.50

680 to 699

 RLLR + 1.65

 10.00

IOB HL-Surya:

IOB HL-Surya Interest Rate ROI
Loan Upto Rs. 2.00 Lakhs RLLR - 1.35 7*
* -Minimum Floor Rate should be 7%

 

❱ OTHER HOUSING LOANS, MORTGAGE & LIQUIRENT LOAN

NRI HOUSING LOANS: TOP UP, LOAN AGST PROPERTY-HNI, LIQUIRENT, REVERSE MORTGAGE LOAN, Subhagruha Topup Loan, HOME IMPROVEMENT SCHEME & HOME DECOR LOANS

Individual Term Loan
Risk Grade Interest Rate ROI

CIC-1 (>= 800)

RLLR + 1.55

9.90

CIC-2 (775 to 799)

RLLR + 1.60

9.95

CIC-3 (750 to 774)

RLLR + 1.65

10.00

CIC-4 (725 to 749) & NTC

RLLR + 1.75

10.10

CIC-5 (700 to 724)

RLLR + 1.95

10.30

CIC-6 (680 to 699)

RLLR + 2.15

10.50

Loan Against Property CC and CC-LIQUIRENT - AGAINST RENT

Individual Cash Credit
Risk Grade Interest Rate ROI

CIC-1 (>= 800)

RLLR + 2.05

10.40

CIC-2 (775 to 799)

RLLR + 2.10

10.45

CIC-3 (750 to 774)

RLLR + 2.15

10.50

CIC-4 (725 to 749) & NTC

RLLR + 2.25

10.60

CIC-5 (700 to 724)

RLLR + 2.45

10.80

CIC-6 (680 to 699)

RLLR + 2.65

11.00

LOAN AGST PROPERTY-HNI and LIQUIRENT

Risk Grade Interest Rate ROI

IOB1 or AAA

RLLR + 1.55

9.90

IOB2 or AA

RLLR + 1.60

9.95

IOB3 or A

RLLR + 1.75

10.10

IOB4 or BBB

RLLR + 1.95

10.30

IOB5 or BB

RLLR + 2.55

10.90

Housing Loan-ELM

Term Loan Salaried
Risk Grade Interest Rate ROI

CIC-1 (>= 800)

RLLR + 0.15

8.50

CIC-2 (775 to 799)

RLLR + 0.40

8.75

CIC-3 (750 to 774)

RLLR + 0.65

9.00

CIC-4 (725 to 749) & NTC

RLLR + 0.90

9.25

CIC-5 (700 to 724)

RLLR + 1.15

9.50

CIC-6 (680 to 699)

RLLR + 1.65

10.00

 

❱ VEHICLE LOANS

Vehicle Loan (Non-Electric): (w.e.f 17.06.2025)

INDIVIDUAL-Four Wheeler NON-INDIVIDUAL-Four Wheeler
Risk Grade Interest Rate ROI If External Rating is Available

CIC-1 (>= 800)

RLLR - 0.50

7.85

External Rating

INTREST RATE

ROI

CIC-2 (775 to 799)

RLLR - 0.45

7.90

AAA to A

RLLR - 0.50

7.85

CIC-3 (750 to 774)

RLLR - 0.40

7.95

BBB

RLLR + 0.70

9.05

CIC-4 (725 to 749) & NTC

RLLR - 0.35

8.00

Below BBB

Reject

CIC-5 (700 to 724)

RLLR - 0.25

8.10

If External Rating is Not-Available

CIC-6 (680 to 699)

RLLR + 0.50

8.85

ICON Rating

INTREST RATE

ROI

 

IOB 1 to IOB 3

RLLR - 0.50

7.85

IOB 4 & 5

RLLR + 0.70

9.05

IOB 6 & BELOW

Reject
INDIVIDUAL-Two Wheeler NON INDIVIDUAL-Two Wheeler
Risk Grade Interest Rate ROI If External Rating is Available

CIC-1 (>= 800)

RLLR + 2.75

11.10

External Rating

INTREST RATE

ROI

CIC-2 (775 to 799)

RLLR + 3.10

11.45

AAA to A

RLLR + 2.75

11.10

CIC-3 (750 to 774)

RLLR + 3.45

11.80

BBB

RLLR + 6.25

14.60

CIC-4 (725 to 749) & NTC

RLLR + 4.55

12.90

Below BBB

Reject

CIC-5 (700 to 724)

RLLR + 5.65

14.00

If External Rating is Not-Available

CIC-6 (680 to 699)

RLLR + 6.05

14.40

ICON Rating

INTREST RATE

ROI

 

 

 

IOB 1 to IOB 3

RLLR + 2.75

11.10

 

 

 

IOB 4

RLLR + 4.55

12.90

 

 

 

IOB 5

RLLR + 6.25

14.60

 

 

 

IOB 6 & BELOW

Reject

Vehicle Loan (Electric): (w.e.f 17.06.2025)

INDIVIDUAL-Four Wheeler NON-INDIVIDUAL-Four Wheeler
Risk Grade Interest Rate ROI If External Rating is Available

CIC-1 (>= 800)

RLLR - 0.55

7.80

External Rating

INTREST RATE

ROI

CIC-2 (775 to 799)

RLLR - 0.50

7.85

AAA to A

RLLR - 0.55

7.80

CIC-3 (750 to 774)

RLLR - 0.45

7.90

BBB

RLLR + 0.65

9.00

CIC-4 (725 to 749) & NTC

RLLR - 0.40

7.95

Below BBB

Reject

CIC-5 (700 to 724)

RLLR - 0.30

8.05

If External Rating is Not-Available

CIC-6 (680 to 699)

RLLR + 0.45

8.80

ICON Rating

1

INTEREST RATE

ROI
 

IOB 1 to IOB 3

RLLR - 0.55

7.80

IOB 4 & 5

RLLR + 0.65

9.00

IOB 6 & BELOW

Reject

 

INDIVIDUAL-Two Wheeler NON-INDIVIDUAL-Two Wheeler
Risk Grade Interest Rate ROI If External Rating is Available

CIC-1 (>= 800)

RLLR + 2.55

10.90

External Rating

INTEREST RATE

ROI

CIC-2 (775 to 799)

RLLR + 2.90

11.25

AAA to A

RLLR + 2.55

10.90

CIC-3 (750 to 774)

RLLR + 3.25

11.60

BBB

RLLR + 6.05

14.40

CIC-4 (725 to 749) & NTC

RLLR + 4.35

12.70

Below BBB

Reject

CIC-5 (700 to 724)

RLLR + 5.45

13.80

If External Rating is Not-Available

CIC-6 (680 to 699)

RLLR + 5.85

14.20

ICON Rating

INTEREST RATE

ROI

 

IOB 1 to IOB 3

RLLR + 2.55

10.90

IOB 4

RLLR + 4.35

12.70

IOB 5

RLLR + 6.05

14.40

IOB 6 & BELOW

Reject

 

❱ PERSONAL LOAN

TERM LOAN: Individuals Category A Category B Category C
Risk Grade Interest Rate ROI Interest Rate ROI Interest Rate ROI

CIC-1 (>= 800)

RLLR + 2.15

10.50

RLLR + 2.50

10.85

RLLR + 3.00

11.35

CIC-2 (775 to 799)

RLLR + 2.35

10.70

RLLR + 2.55

10.90

RLLR + 3.10

11.45

CIC-3 (750 to 774)

RLLR + 2.50

10.85

RLLR + 2.75

11.10

RLLR + 3.25

11.60

CIC-4 (725 to 749) & NTC

RLLR + 3.45

11.80

RLLR + 3.65

12.00

RLLR + 4.15

12.50

CIC-5 (700 to 724)

RLLR + 4.05

12.40

RLLR + 4.15

12.50

RLLR + 4.65

13.00

CIC-6 (680 to 699)

RLLR + 4.90

13.25

RLLR + 5.15

13.50

RLLR + 5.55

13.90
TERM LOAN: Cash Credit Category A Category B Category C
Risk Grade Interest Rate ROI Interest Rate ROI Interest Rate ROI

CIC-1 (>= 800)

RLLR + 2.65

11.00

RLLR + 3.00

11.35

RLLR + 3.50

11.85

CIC-2 (775 to 799)

RLLR + 2.85

11.20

RLLR + 3.05

11.40

RLLR + 3.60

11.95

CIC-3 (750 to 774)

RLLR + 3.00

11.35

RLLR + 3.25

11.60

RLLR + 3.75

12.10

CIC-4 (725 to 749) & NTC

RLLR + 3.95

12.30

RLLR + 4.15

12.50

RLLR + 4.65

13.00

CIC-5 (700 to 724)

RLLR + 4.55

12.90

RLLR + 4.65

13.00

RLLR + 5.15

13.50

CIC-6 (680 to 699)

RLLR + 5.40

13.75

RLLR + 5.65

14.00

RLLR + 6.05

14.40

 

❱ OTHER PERSONAL LOANS

TERM LOAN: PRE APPROVED PERSONAL LOAN and PERSONAL LOAN SCHEME TOP UP LOAN
Risk Grade Interest Rate ROI

CIC-1 (>= 800)

RLLR + 2.15

10.50

CIC-2 (775 to 799)

RLLR + 2.35

10.70

CIC-3 (750 to 774)

RLLR + 2.50

10.85

CIC-4 (725 to 749) & NTC

RLLR + 3.45

11.80

CIC-5 (700 to 724)

RLLR + 4.05

12.40

CIC-6 (680 to 699)

RLLR + 4.90

13.25
TERM LOAN: CLEAN LOAN TO LIC AGENTS and IOB ROYAL-LOANS TO HNI
Risk Grade Interest Rate ROI

CIC-1 (>= 800)

RLLR + 2.50

10.85

CIC-2 (775 to 799)

RLLR + 2.55

10.90

CIC-3 (750 to 774)

RLLR + 2.75

11.10

CIC-4 (725 to 749) & NTC

RLLR + 3.65

12.00

CIC-5 (700 to 724)

RLLR + 4.15

12.50

CIC-6 (680 to 699)

RLLR + 5.15

13.50
CASH CREDIT: CC LOAN TO LIC AGENTS and Cash Credit IOB ROYAL-LOANS TO HNI
Risk Grade Interest Rate ROI

CIC-1 (>= 800)

RLLR + 3.00

11.35

CIC-2 (775 to 799)

RLLR + 3.05

11.40

CIC-3 (750 to 774)

RLLR + 3.25

11.60

CIC-4 (725 to 749) & NTC

RLLR + 4.15

12.50

CIC-5 (700 to 724)

RLLR + 4.65

13.00

CIC-6 (680 to 699)

RLLR + 5.65

14.00
TERM LOAN: Elite consumer Durable Loan and Consumer Durable Loan
Risk Grade Interest Rate ROI

CIC-1 (>= 800)

RLLR + 3.00

11.35

CIC-2 (775 to 799)

RLLR + 3.10

11.45

CIC-3 (750 to 774)

RLLR + 3.25

11.60

CIC-4 (725 to 749) & NTC

RLLR + 4.15

12.50

CIC-5 (700 to 724)

RLLR + 4.65

13.00

CIC-6 (680 to 699)

RLLR + 5.55

13.90

 

❱ EDUCATION LOAN SCHEMES

VIDYA JYOTHI
Type Rate of Interest Effective Rate
INTEREST RATE FOR PUBLIC RLLR +1.65% 10.50
INTEREST RATE FOR WARDS OF STAFF AND RETIRED STAFF RLLR +0.40% 9.25

 

CONCESSIONS
DETAILS CONCESSION
GIRL STUDENT 0.50%
FOR INTEREST SERVICED DURING MORATORIUM 1.00%
STUDY IN INDIA
INSTITUTES RANKED UP TO 20 1.50%
INSTITUTES RANKED FROM 21 TO 50 1.00%
STUDY ABROAD
INSTITUTES RANKED UPTO 100 1.50%
INSTITUTES RANKED 101 TO 200 1.00%

 

VIDYA SURAKSHA
Type Rate of Interest Effective Rate

LOAN ONLY UP TO Rs 7.50 Lakh

RLLR +1.65%

10.50

 

VIDYA SHRESHT
Type Rate of Interest Effective Rate

A RATED INSTITUTIONS

RLLR -0.60%

8.25

B RATED INSTITUTIONS

RLLR -0.35%

8.50

 

IOB SCHOLAR
Type Rate of Interest Effective Rate

LOAN UP TO Rs. 7.50 Lakh

RLLR +2.20%

11.05

ABOVE Rs. 7.50 lakhs UP TO Rs. 60 Lakh

RLLR +3.20%

12.05

IOB SCHOLAR TO STAFF WARD UP TO Rs. 60 Lakh

RLLR +1.90%

10.75

 

Other Education Loan Schemes
Type Rate of Interest Effective Rate

SKILL LOAN

RLLR +1.50%

10.35

VOCATIONAL LOANS

RLLR +3.20%

12.05

IOB CAREER DREAM UPTO Rs. 2 Lakh BY LIQUID SECURITY

RLLR +3.45%

12.30

IOB CAREER DREAM ABOVE Rs. 2 Lakh SECURED BY IMMOVABLE

RLLR +3.65%

12.50

BIHAR STUDENT CREDIT CARD SCHEME UP TO Rs. 4.00 LAKH

RLLR +2.20%

11.05

 

❱ FIXED RATE OF INTEREST

Sr. No. Scheme Fixed Rate Of Interest

1

HOUSING LOANS

11%

2

HOME ADVANTAGE

12%

3

HOUSING LOAN TOP UP

12%

4

HOME DÉCOR

13%

5

HOME IMPROVEMENT

12%

6

VEHICLE LOAN (4 Wheeler)

12%

7

VEHICLE LOAN (2 Wheeler)

13%

8

PERSONAL LOANS

14%

9

PERSONAL LOAN TOP UP

14%

10

EDUCATION AND ALLIED SCHEMES

13%

11

LOAN AGAISNT PROPERTY

13%

12

EMI BASED JL

11%

13

LOAN AGAINST SGB(EMI BASED)

12%

14

LOAN AGAISNT NSC/KVP/LIC AND OTHER MIS LIQUID SECURITIES

14%

15

PENSIONER LOAN

14%

16

IOB SURYA

14%

 


Special Concession of 0.20% for HL Customers is being Discontinued with Immediate Effect.