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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 1, 2005 for the assessment year 2006-07 | As on April 1, 2006 for the assessment year 2007-08 | As on April 1, 2007 for the assessment year 2008-09 | As on April 1, 2008 for the assessment year 2009-10 | As on April 1, 200910 for the assessment year 2010-11 | As on April 1, 201012 for the assessment year 2011-12 | As on April 1, 201114 for the assessment year 2012-13 | ||
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 employees to subscribe ESOP |
| 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 set tiered interest by loan type, tenor and amount with concessions for female student borrowers. SBI lending rates set tiered interest charges across loan categories by tenor, loan amount bands, and borrower location, covering housing, car, two wheeler, education, personal, and ESOP subscription loans. Rates vary by assessment year and include amount based cutoffs and metro/urban versus rural/semi urban differentiations. Notable concessions include a 0.50% interest concession for female student borrowers under education loan schemes and scheme specific Scholar Loan pricing; footnotes specify thresholds and conditions for concessional rates and long tenor applicability. of Press 'Enter' after typing page number.
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