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RETAIL BANKING DEPARTMENT

XIII. STAR MITRA PERSONAL LOAN SCHEME:

Particulars

Rate of interest

Star Mitra Personal Loan

1.00% + BSS (0.30%) above 1 Year MCLR [Fixed]
[Applicable only to the new loans]


XIV. STAR IPO

Particulars

Rate of interest

Star IPO

1 Year MCLR + 3.25% + BSS (0.30%) Upto 60 days
1 Year MCLR + 4.50% + BSS (0.30%) Over 60 days


XV.EARNEST MONEY DEPOSIT (EMD) SCHEME

Particulars

Rate of interest

Earnest Money Deposit

i) Short Term

 

1 Year MCLR + BSS (0.30%)

ii) Long Term

1 Year MCLR + 5.00% + BSS (0.30%)


XVI. STAR REVERSE MORTGAGE LOAN SCHEME

Loan granted on fixed rate for period of 5 years, subject to reset at the end of every 5 years. Reset to be effected by the Branches on case to case basis.


Rate of Interest for New loans w.e.f. 09-01-2017
2.30% + BSS 0.30% above 1 year MCLR p.a. (fixed) at monthly rests for the loan tenure subject to reset clause at the end of every 5 years period (present BSS 0.30% above 1 year MCLR)
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