Indian Bank in Kakinada

Applicable rates of interest with effect from 01.07.2009 % (p.a.)
Period
Rate (% p.a)
7 days to 14 days
2.50
15 days to 29 days
2.50
30 days to 45 days
3.00
46 days to 90 days
3.50
91 days to 120 days
3.50
121 days to 180days
4.00
181 days to less than 9 months
5.00
9 months to less than 1 year
6.00
1 year to less than 2 years
7.25
2 years to less than 3 years
7.25
3 years and above
7.50
HOME LOAN ( to Resident Individuals )
Purpose
Upto 20 lakhs (ROI)
Above 20 lakhs (ROI)
Purchase / construction of New House / Flat
20%
25%
Purchase of Old House / Flat
30%
30%
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