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  PRIME BANK LOANS INT. CALCULATOR  
     
     
  Loan & Financing Information  
     
 
The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.

Description Data Entry
Loan Amount
Loan Length in Months
Interest Rate
Monthly PaymentCalculated
Enter only numeric values (no commas), using decimal points where needed.
Non-numeric values will cause errors.

 
 
 
 
 
Rate of Interest(effect from 01-02-2012)
 
Advances  Revised
   
SSI – Loan  (non TUF)  12.00%
Tuff Loan  12.00%
Loan to professionals  12.00%
Educational Loan  12.00%
Housing Loan -Upto Rs.10 lacs  11.50%
-Aboce Rs.10 lacs  12.00%
Vehicle Loan – RTO  12.25%
- Others 13.00%
Existing customer having satisfactory dealings  12.00%
Cash Credit - SSI & Retail  12.50%
Others  13.50%
   
(0.50% extra interest for OD facility)
Loan to MSI/Traders  12.50%
Bills Discounting  14.00%
Personal Loan  14.00%
Loan ag. Gov. Security  11.00%
Loan to Disabled Person (upto Rs. 10,000/-)  4.00%
Gold Loan –m  12.00%
Loan/OD/CC to retailer without mortgage upto Rs. 1.00 lac  14.00%
 
 
 
     
 
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