Last Updated on 28/01/2023
Lending_Interest_Rates

  • a. Repo Rate to be updated w.e.f 07.12.2022 as 6.25%
  • b. Markup: 2.85%
  • c. RLLR (w.e.f 10.12.2022) – 9.10%
  • d. One Year MCLR w.e.f 10.01.2023: 8.30%

Schemes RLLR / MCLR Spread (%) Interest Rate (%)
IOB SURYA - INDIVIDUALS RLLR 1.45 10.55
HOUSING LOANS
UPTO Rs. 30.00 LACS RLLR 0.2 9.3
Above Rs. 30.00 Lacs to Rs. 49.99 Lacs RLLR 0.3 9.4
Interest Concession Available to Women Borrower*
Rs. 50.00 LACS AND ABOVE STARTS @ 8.60% FINAL PRICING WILL BE BASED ON INTERNAL SCORING MODEL OF THE BANK.
SUBHAGRUHA TOP UP LOANS
Upto Rs. 30.00 Lakhs RLLR 2.3 11.4
Above Rs. 30.00 Lakhs to Rs. 1.00 Crore RLLR 2.25 11.35
Above Rs. 1.00 Crore RLLR 2.75 11.85
HOME IMPROVEMENT
Upto Rs. 2.00 Lakhs RLLR 0.3 9.4
ABOVE Rs. 2.00 LACS RLLR 0.45 9.55
Home Décor
Upto Scheme Limit RLLR 2.85 11.95
IOB Home Advantage Scheme
Upto Rs. 30.00 Lacs RLLR 1.6 10.7
Above Rs. 30.00 Lacs to Rs. 75.00 Lacs RLLR 1.65 10.75
Above Rs. 75.00 Lacs RLLR 1.8 10.9
Subhagruha CC Loans      
Upto Rs. 30.00 Lacs RLLR 0.35 9.45
Above Rs. 30.00 to Rs. 75.00 Lacs RLLR 0.4 9.5
Above Rs. 75.00 Lacs RLLR 0.55 9.65
EDUCATIONAL LOANS
VIDYA SURAKSHA RLLR 2.2 11.3
VIDYA JYOTI RLLR 3.2 12.3
VIDYAJYOTI - WARD OF STAFF RLLR 1.9 11
SKILL LOAN RLLR 1.7 10.8
VIDYA SHREST
A RATED INSTITUTIONS RLLR 0.4 9.5
B RATED INSTITUTIONS RLLR 0.9 10
IOB SCHOLAR
UPTO Rs. 7.50 LACS RLLR 2.2 11.3
ABOVE Rs. 7.50 LACS RLLR 3.2 12.3
STAFF WARD RLLR 1.9 11
BIHAR STUDENT CREDIT CARD SCHEME
UPTO Rs. 4.00 LACS RLLR 2.2 11.3
STAFF WARD RLLR 1.95 11.05
NCT DELHI SCHEME RLLR 2.2 11.3
IOB CAREER DREAM
LOANS SECURED BY LIC/KVP/NSC ETC RLLR 3.45 12.55
LOANS WITHOUT SECURITY/IMMOVABLE PROPERTY RLLR 3.95 13.05
VEHICLE LOAN*
TWO WHEELER RLLR 3.2 12.3
FOUR WHEELER - NEW RLLR 0.7 9.8
FOUR WHEELER - USED - UPTO Rs. 10.00 LACS RLLR 1.7 10.8
FOUR WHEELER - USED - ABOVE Rs. 10.00 LACS RLLR 2.7 11.8
PERSONAL LOAN TO HNIs**
REPAYMENT LESS THAN 4 YEARS RLLR 3.15 12.25
REPAYMENT ABOVE 4 YEARS RLLR 3.65 12.75
PERSONAL LOAN**
PERSONAL LOAN CATEGORY-A RLLR 3.15 12.25
PERSONAL LOAN CATEGORY-B RLLR 3.65 12.75
PERSONAL LOAN CATEGORY-C RLLR 4.15 13.25
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

(Agricultural Jewel Loan)

Up to Rs.3 Lacs

With Interest subvention under KCC

7% (for prompt payment additional subvention of 3%)

Without interest subvention

MCLR+0.90%

Above Rs.3 Lacs up to Rs.10 Lacs

MCLR+2.50 %

AGTAJ

(Agriculture Term Loan - Jewellery)

Maximum Up to Rs.25 Lacs

RLLR+0.20%

JL-Others

(Jewel Loan - Others)

Maximum Up to Rs.25 Lacs

RLLR+0.55%

JLSWL

(IOB Swarnalakshmi)

Up to Rs.3 Lacs

MCLR+1.40%

Above Rs.3 Lacs up to Rs.5 Lacs

MCLR+1.90%

JLSME

(Jewel Loan SME)

Up to Rs.2 Lacs

RLLR+0.80%

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)