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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)