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IT: Gold and Silver rates as on April 1, 2011 (Mumbai) : Standard Gold Rs. 20,775; Pure Gold Rs. 20,875; Silver Spot Rs. 56,900 : (Indian Express April 1, 2011)
IT : SBI LENDING RATES
SBI lending rates are as follows—
|
| As on April | As on April | As on April | As on | As on | As on | As on |
Housing loan11 | Up to 5 years | 8% | 8.5% | 10.25% | 10%1, 10.25%2 | 9.75%4, 10.25%5 | 8% |
|
| Above 5 years but | 8.5% | 8.75% | 10.75% | 10.25%1, 10.50%2 | 10%4, 10.5%5 | 8% |
|
| Above 10 years but | 8.5% | 9% | 10.75% | 10.25%1, 10.50%2 | 10%4, 10.5%5 | 8% | 8.75%, 10%15, |
| Above 15 years but | 8.75% | 9.25% | 10.75% | 10.50%1, 10.75%2 | 10.25%4, 10.75%6, | 8% |
|
Car loan, for | Up to 3 years | 7.5% | 8% | 11.5% | 11.5% | 11.5% | 8% |
|
| Up to 3 years | 8%*, 8.5%‡ | 8.5%*, 8.75%‡ | 11.75% | 11.75% | 11.75% | 8% | 11.25%17, |
| Above 3 years but | 8.25%*, 8.75%‡ | 8.75%*, 9%‡ | 11.75% | 11.75% | 11.75% | 8% |
|
| Above 5 years but | 8.50%*, 9%‡ | 8.75%*, 9.25%‡ | 12% | 12% | 12% | 8% |
|
Two wheeler |
| 11% | 11% | 14.25% | 15.50% | 16.25% | 15.75% | 16.5% |
Education loan | Loan amount up | 10.5% | 10.5% | 11.5% | 12.25% | 11.75%9 | 11.25%13 | 12%19 |
| Loan amount above | 11.5% | 11.5% | 13.25% | 13.25% | 13.25%9, 12.5%8,9 | 12.75%,13 | 13.5%19, |
Personal loan |
| 12.75% | 12.75% | 15.25% | 15.50% | 16.50% | 16% | 16.75% |
Loan to emp- |
| NA | NA | NA | NA | 14.50% | 14% | NA |
|
|
†As downloaded from http://www.statebankofindia.com on April 4, 2006.
*Applicable in the case of metro/urban borrowings.
‡Applicable in the case of rural/semi-urban borrowings.
**Rs. 8 lakh (for the assessment year 2006-07).
£As downloaded from http://www.sbi.co.in on April 1, 2007.
$As downloaded from http://www.sbi.co.in on April 1, 2008.
1. Upto Rs. 20 lakh.
2. Above Rs. 20 lakh.
3. The same rates are applicable if loan is up to 25 years.
4. Up to Rs. 30 lakh.
5. Above Rs. 30 lakh.
6. Above Rs. 30 lakh but up to Rs. 75 lakh.
7. Above Rs. 75 lakh.
8. Above Rs. 7.5 lakh.
9. An interest concession of 0.50% to girl student availing education loan.
10. As downloaded from http://www.sbi.co. on April 1, 2009.
11. For the assessment year 2010-11, concessional rate of 8%, 8.5% or 9.25% is applicable, if a few conditions are satisfied.
12. As downloaded from http://www.sbi.co.in on April 1, 2010.
13. SBI Scholar Loan Scheme : 10.25%, 0.5% concession for girl student in the case of SBI Scholar Loan Scheme.
14. As downloaded from http://www.statebankofindia.com on April 1, 2011.
15. For home loan above Rs. 75 lakh but up to Rs. 5 crore.
16. For home loan above Rs. 5 crore.
17. For car loan of less than Rs. 5 lakh.
18. For car loan of Rs. 5 lakh and above.
19. 0.5% concession for girl student.
SBI lending rates: schedule sets varying interest terms by loan type, tenure and concessions for students and locales. SBI lending rates are provided as a year by year schedule effective on specified April dates, categorised by loan product and tenure. The schedule sets differentiated interest terms across housing loan tenure bands, car loans with amount and term subbands, two wheeler, education (separate slabs by loan size), personal loans, and ESOP subscription loans. Footnotes clarify amount thresholds, metro/urban versus rural applicability, and targeted concessions such as reductions for girl students and scheme specific concessions. of Press 'Enter' after typing page number.
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