Project Loan Interest Rate
Project Loan Interest Rates offered by Banks/NBFCs start at 5.50% p.a. for the loan amount up to 85% of project cost that can be repaid with maximum repayment tenure of up to 5 years.
Project Loan Some banks do not ask for collateral/security from the borrower to be submitted.
Banks Interest Rate Processing Fee
Bank of Baroda 7.50% Onwards p.a Up to 1% on loan amount
Bank of India 8.00% Onwards p.a Up to 1% on loan amount
Bank of Maharashtra 8.00% Onwards p.a Up to 1% on loan amount
Canara Bank 8.75% Onwards p.a Up to 1% on loan amount
Central Bank of India 7.50% Onwards p.a Up to 1% on loan amount
Indian Bank 7.50% Onwards p.a Up to 1% on loan amount
Indian Overseas Bank 7.50% Onwards p.a Up to 1% on loan amount
Karnataka Bank 9.00% Onwards p.a Up to 1% on loan amount
Punjab & Sind Bank 9.00% Onwards p.a Up to 1% on loan amount
Punjab & National Bank 8.00% Onwards p.a Up to 1% on loan amount
Small Industries Development Bank of India (SIDBI) 5.50% Onwards p.a
Up to 1% on loan amount
South Indian Bank 9.00% Onwards p.a Up to 1% on loan amount
State Bank of India 7.50% Onwards p.a Up to 1% on loan amount
UCO Bank 10.00% Onwards p.a Up to 1% on loan amount
Union Bank of India 9.00% Onwards p.a Up to 1% on loan amount
United Bank of India 9.00% Onwards p.a Up to 1% on loan amount