We at RAJAPUR URBAN Bank offer a Retail loans usually have terms, interest rates, and repayment schedules that vary based on the specific type of loan.Loan that is extended to individual consumers for personal or household purposes.
Retail Loan
Loan Tenure & Interest Rate
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Car Loan (Personal Use) | 60 Months | 10.00% |
| 84 Months | 11.50% | ||
| 2 | Two Wheeler Loan | 60 Months | 10.50% |
| 3 | Three Wheeler Loan | 60 Months | 10.50% |
| 4 | Old Vehicle Loan | ||
| 1. If the vehicle is less than 2 years old | 4 Years | 11.50% | |
| 2. Vehicle which is above 2 years old but not more than 4 years old | 3 Years | 11.50% | |
| 5 | All Types Commercial Vehicle Loan | ||
| 1. New Commercial Vehicle Loan Above Rs. 5 Lakhs | 84 Months | 10.00% | |
| 2. New Commercial Vehicle Loan Upto Rs. 5 Lakhs | 84 Months | 10.50% | |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Gold Loan (Bullet payment) | 12 Months | 11.00% |
| 2 | Gold Term Loan | 60 Months | 10.00% |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Mango Cash Credit Loan | 1 Year | 14.50% |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Housing Loan | 15 Year | 10.00% |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Suerty Undertaking (EMI) | 5 Year | 14.50% |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Suerty Undertaking (EMI) | 5 Year | 14.50% |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Suerty Undertaking (EMI) | 5 Year | 15.50% |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Suerty Undertaking (EMI) | 5 Year | 15.00% |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Hire Purchase Other than Vehicle | 1 Year | 14.50% |
| 3 Year | 14.50% | ||
| 5 Year | 14.50% |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Loan Against Pigmy Deposit | Till the maturity of Pigmy Deposit Account | 7.50% |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Loan Against Term Deposit | Till the maturity of Term Deposit Account | 1% interest rate higher than fixed deposit account interest rate |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | Loan Againts LIC Policy | 5 Years | 13.00% |
| # | Loan Type | Tenure | Rate of Interest |
|---|---|---|---|
| 1 | NSC Loan | Till the maturity of NSC | 13.00% |