Jamia Cooperative Bank

Revised Risk based CIBIL Linked Rate of Interest on Loans & Advances w.e.f. 14th April 2025:

Sr. No

Type of Credit Facility

Type of Underlying Primary & Collateral Security

Maximum Amount

Applicable Rate of Interest based on CIBIL Credit Vision score of the Borrower AND Guarantor

CIBIL Not

less than 800

CIBILNot

less than725

CIBIL Not

less than 650

CIBIL less

than 650

Loan / Overdraft againstFDRof JCB

FDR of the Bank in the name of borrower

90% of FD

1% over and above therate of Interest on FDR

FDR of the Bank in the name of others

90% of FD

2% over and above therate of Interest on FDR

Loan / Overdraft against Liquid

Security

Assignment of LIC Policy,NSCs,KVPs,

90% of SV

9.75%

10.25%

11.00%

12.00%

#-Personal Loan

Micro Personal Loan to Borrowers having annual income not more than1.60Lakhs &

Against surety of a Government Employee

Rs.1.00Lakh

8.50%

9.50%

11.00%

13.00%

Against Employer Undertaking to deduct EMI & deposit with the Bank including staff loan

Rs.5.00Lakhs

10.50%

11.50%

13.00%

15.00%

Against Salary Account with JCB

11.50%

12.50%

14.00%

16.00%

Against Personal Surety

12.75%

14.75%

16.75%%

18.75%

$-Education Loan

For Domestic Studies

For Studies in GovernmentSchool/ Colleges,

Against personal Sureties

Rs.5.00Lakhs

8.50%

9.50%

11.00%

13.00%

For Studies in Private School/Colleges,

Against personal Sureties

9.00%

10.00%

11.50%

13.50%

For Studies in Government/Private School/Colleges,Against Equitable Mortgage of Approved Property OR Surety of a government employee (Benefit of Government Employee Not Applicable)

Rs.25.00 Lakhs

9.00%

9.50%

10.25%

11.50%

For Domestic Studies in Government/Private School/Colleges Against Equitable Mortgage of Approved Property

75% of Underlying security or Maximum

Rs.100.00Lakhs

10.50%

11.25%

12.25%

13.50%

$-Education Loan

For Overseas Studies

For Studies in overseas College / Universities,Against Equitable Mortgage of Approved Property OR Surety of a government employee (Benefit of

Government Employee Not Applicable)

Rs.25.00 Lakhs

9.50%

10.25%

11.25%

12.50%

For Studies in overseas College / Universities,Against Equitable Mortgage of Approved Property

75% of Underlying security Maximum

Rs.100.00Lakhs

10.75%

11.50%

12.50%

13.75%

# - Housing Loan to individuals, Against Equitable mortgage of Approved Property enforceable under

SARFAESI Act

Loan Amt Not exceeding Rs.50.00 Lakhs and Property Value not exceeding Rs.63.00 Lakhs (UnderPriority Sector)

80% of Property Value Maximum upto Rs.140.00 Lakhs

8.50%

9.25%

10.25%

11.50%

Loan Amt Not exceeding Rs.140.00 Lakhs

9.75%

10.50%

11.50%

12.75%

#-Vehicle Loan

New Vehicles

E-Rickshaw,Auto,Light Passenger Vehicle with commercial permit

90% of on Road price of the vehicle

9.75%

10.50%

11.50%

13.00%

Bus/Truckwith commercial permit(Chassis)

10.50%

11.25%

12.25%

13.50%

Vehicle for personal use upto 10 Lakhs

9.25%

10.25%

11.75%

13.25%

Vehicle for personal use>10Lupto25 Lakhs

9.50%

10.75%

12.25%

13.75%

Vehicle for personal use more than25 Lakhs

9.75%

11.25%

12.75%

14.75%

Vehicle Loan

Used Vehicles

Commercial Vehicle with Permit

75%of Market

Valueor200% of Insurance Value or Maximum of

Rs.50.00 Lakhs

11.75%

12.75%

14.00%

15.50%

Passenger Vehicle for personal use

11.50%

12.50%

13.75%

14.75%

IndividualLoan

/ Overdraft againstfuture

Future Receivables from Government/PSUs collaterally secured by Equitable Mortgage of Approved property enforceable under

SARFAESI Act

90% of Receivable Value

9.50%

10.00%

10.75

12.00%

Receivables (LAFR)

Future Receivables from Government/ PSUs

WITHOUTcollateral of Approved property

NOT enforceable under SARFAESI Act

80% of Receivable

Value

13.50%

14.50%

16.00%

18.00%

Future Receivables from Corporate Clients/ Legal entities collaterally secured by Equitable Mortgage of Approved property

enforceable under SARFAESIAct

85% of Receivable Value

10.50%

11.25%

12.25%

13.50%

Future Receivables from Corporate Clients/ Legal entities WITHOUT collateral of Approved property OR Security Not

enforceable under SARFAESI Act

75% of Receivable Value

14.00%

15.00%

16.50%

18.00%

Future Receivables from Individuals collaterall ysecured by Equitable Mortgage of Approved property enforceable under

SARFAESI Act

75% of Receivable Value

11.00%

11.75%

12.75%

14.00%

Future Receivables from Individuals WITHOUT collateral of Approved property OR Security Not enforceable under

SARFAESI Act

60% of Receivable Value

14.50%

16.00%

18.00%

-N/A-

10.

Mortgage(LAP) Loan

Overdraft / Loan up to Rs.25.00 Lakhs to Individual for consumption against approved

property.

75%ofmarket Value

10.75%

11.75%

13.00%

14.50%

Overdraft/Loan more than Rs.25.00Lakhs to Individuals / Firms for Commercial use against approved property.

75%ofMarket Value

11.00%

12.00%

13.25%

14.75%

11.

Land & Building Loan (Other than Housing purpose) for commercial / Industrial use

Commercial / Industrial plots directly allotted by the Government agencies in the name of the borrower

80% of AllotmentValue

9.75%

10.50%

11.50%

12.75%

Commercial/Industrial plots allotted by the Government agencies in the name of others (Re-sale to borrower)

200% of allotment value or 75% of market Value whichever is less

10.75%

11.50%

12.50%

13.75%

Approved Commercial/Industrial plots of Individuals

75%ofmarket Value

11.25%

12.00%

13.00%

14.25%

12.	Plant & Machinery/ Equipment Loan	PlantandMachinery/Equipment Collaterally secured by Equitable Mortgage of Property	80% of Invoice Amount	10.00%	10.50%	11.25%	12.00%
12.	Plant & Machinery/ Equipment Loan	Plant and Machinery /Equipment NOT secured by Equitable Mortgageof Property	75%of Invoice Amount	12.00%	13.00%	14.50%	16.50%
13.	Working Capital (CC) Limit/WCTerm Loan	Working Capital Limit against hypothecation of Stock / Book Debts Collaterally securedby Equitable Mortgage of Property	UptoRs.25.00 Lakhs	9.25%	10.00%	11.00%	12.25%
			Morethan Rs.25.00 Lakhs	9.75%	10.50%	11.50%	12.75%
		Working Capital Limit against hypothecation of Stock / Book Debts Collaterally NOT secured by Equitable Mortgage of Property	Maximum upto Rs.25.00 Lakhs	13.50%	14.50%	16.00%	18.00%
14.	Yearly Commissionon Bank Guarantees	Against the secured portion by way of FDR		0.50%ofFDR	0.75%ofFDR	1.00%ofFDR	1.50%ofFDR
		Against the secured portion by wayof Equitable mortgage of Property		2.75%	3.25%	4.00%	5.00%
		Unsecured Portion		3.50%	4.25%	5.25%	6.50%
		Minimum commission shall be for one year. Broken months shall be treated as one full year.
15.	Processing Fee	On fresh Sanction of Term Loans/ Cash Credit/Overdraft Limits(Except against FD)		0.50%	0.75%	1.00%	1.50%
		On Renewal of CashCredit/ OverdraftLimits		0.40%	0.55%	0.75%	1.25%
		Ad-hoc Creditl imit upto 90 days in a year		0.25%	0.40%	0.60%	1.25%
		Ad-hoc Credit limit more than 90days in a year		0.50%	0.75%	1.00%	1.50%
15.	Inspection Charges	Credit facilities upto Rs.5.00 Lakhs		Rs.500/-per Visit maximum 2 visits in a year
15.	Inspection Charges	Credit Facilities more than Rs.5.00 Lakhs		Rs.1000/-per Visit maximum 2 visits in a year

Special Considerations:

#-Loans to Government employees or on the guarantee of a government employee having residual service 1.5 times of the loan tenor shall be eligible for 0.50% discount on applicable rate of interest.

$ - Education loans to girl or specially enabled student or any other student securing 75% or above marks in their qualifying exam (not entrance exam) shall be eligible for 0.50% rebate on applicable rate of interest.

Benefit of any one special consideration can be passed to a student. No two or more special considerations can be clubbed together.

Notes:

CIBIL Score of the Borrowers or guarantors having no credit history(i.e.CIBILScore -1) shall be assumed as 725.
Before issuing loan application to prospective borrower, branch shall ensure that the borrower is a member / has applied forthe membership of the bank and has banking relation (i.e. having operative savings / current A/c) with the bank and is maintaining required minimum balance.
In case of renewal of cash credit / overdraft limit, the applicable rate of interest shall be according to CIBIL score of the borrower and guarantors at the time of renewal.
The Renewal of CashCredit / Overdraft shall be for a period of 12 months from the date of renewal.However, processing fee shall be charged on pro rata basis.
Pre-processing Fee: 25% of applicable processing fee or Rs.5000/- whichever is less to be recovered along with the loan application before appraisal towards pre-processing fee and kept in sundry Account at the Branch and shall be adjusted against the processing fee at the time of disbursement. In case of rejection of theloan, the same shall be refunded to the borrower. However, in case of non-availing credit facility within 60 days from the date of sanction, the same shall bebooked as pre-processing fee. In case of revalidation of a credit facility, complete processing fee shall be recovered at the time of disbursal.
Processing Fee, Commission and inspection charges mentioned above are excluding taxes and applicable taxes shall be loaded at the time of recovery.
Accounts having credit facilities (including working capital term loan) of Rs. 10.00 Lakhs and above against hypothecation of stock / book debts shall attracr penal charges of Rs. 1000/- + applicable GST per month on Non / Delayed submission of stock or book debts statement.
Accounts having credit facilities of Rs. 10.00 Lakhs and above shall attract penal charges of Rs. 1000/- + applicable GST per month on non-renewal of CC/Overdraft limit.
Applicable rate of interest on overdrawn portion / over and above drawing power/ available limit in case of reducing Term loans shall be 18% P.A. on overdrawn amount