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SBI LENDING RATES- 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)

26-9-2011

Contents

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, 2009¹⁰for the assessment year 2010-11	As on April 1, 2010¹²for the assessment year 2011-12	As on April 1, 2011¹⁴for 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 up to 10 years	8.5%	8.75%	10.75%	10.25%¹, 10.50%²	10%⁴, 10.5%⁵	8%
	Above 10 years but up to 15 years	8.5%	9%	10.75%	10.25%¹, 10.50%²	10%⁴, 10.5%⁵	8%	8.75%, 10%¹⁵, 10.25%¹⁶
	Above 15 years but up to 20 years	8.75%	9.25%	10.75%	10.50%¹, 10.75%² [Note 3]	10.25%⁴, 10.75%⁶, 11%⁷[Note 3]	8%
Car loan, for new car	Up to 3 years (Rs. 7.5 lakh** and above)	7.5%	8%	11.5%	11.5%	11.5%	8%
	Up to 3 years (below Rs. 7.5 lakh**)	8%*, 8.5%‡	8.5%*, 8.75%‡	11.75%	11.75%	11.75%	8%	11.25%¹⁷, 11%¹⁸
	Above 3 years but up to 5 years	8.25%*, 8.75%‡	8.75%*, 9%‡	11.75%	11.75%	11.75%	8%
	Above 5 years but up to 7 years	8.50%*, 9%‡	8.75%*, 9.25%‡	12%	12%	12%	8%
Two wheeler loan		11%	11%	14.25%	15.50%	16.25%	15.75%	16.5%
Education loan	Loan amount up to Rs. 4 lakh	10.5%	10.5%	11.5%	12.25%	11.75%⁹	11.25%¹³	12%¹⁹
	Loan amount above Rs. 4 lakh	11.5%	11.5%	13.25%	13.25%	13.25%⁹, 12.5%^8,9	12.75%,¹³11.75%^{8, 13}	13.5%¹⁹, 12.5%^{8, 19}
Personal loan		12.75%	12.75%	15.25%	15.50%	16.50%	16%	16.75%
Loan to emp- loyees to subs- cribe 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.

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