Competitive Loan Rates: Lending Interest Rates
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a. Repo Rate to be updated w.e.f 08.10.2026 as 5.50%
b. Markup: 2.85%
c. RLLR (w.e.f 08.10.2026) - 8.35%
d. The Effective Base Rate will be 9.70% with Effect from 15.05.2026 until further review
e. One Year MCLR w.e.f 15.08.2026 will be 8.85%
❱ Housing Loan
Housing Loan Schemes: Andhra Pradesh Housing Loan Scheme, Subhagruha Gen Next, NRI Housing Loans: Gen Next, Housing Loan AHP TN, Housing Loan BLC TN, Subhagruha-Housing Loans, Housing Loan To NRI- HLNRI, Housing Loan Gharonda 2.0, MO Ghara -Odisha And Housing Loan AHP Karnakata (w.e.f 15.12.2025)
|
Term Loan |
Salaried |
Non-Salaried |
||
|
Risk Grade |
Interest RATE |
ROI |
Interest RATE |
ROI |
|
CIC-1 (>= 800) |
RLLR - 0.90 |
7.45 |
RLLR - 0.80 |
7.55 |
|
CIC-2 (775 to 799) |
RLLR - 0.85 |
7.50 |
RLLR - 0.75 |
7.60 |
|
CIC-3 (750 to 774) |
RLLR - 0.55 |
7.80 |
RLLR - 0.45 |
7.90 |
|
CIC-4 (725 to 749) & NTC |
RLLR - 0.25 |
8.10 |
RLLR - 0.15 |
8.20 |
|
CIC-5 (700 to 724) |
RLLR - 0.15 |
8.20 |
RLLR - 0.05 |
8.30 |
|
CIC-6 (680 to 699) |
RLLR + 0.10 |
8.45 |
RLLR + 0.20 |
8.55 |
IOB HARIT SUBHAGRUHA
|
Term Loan |
Salaried |
Non-Salaried |
||
|
Risk Grade |
Interest RATE |
ROI |
Interest RATE |
ROI |
|
CIC-1 (>= 800) |
RLLR - 0.90 |
7.45 |
RLLR - 0.80 |
7.55 |
|
CIC-2 (775 to 799) |
RLLR - 0.90 |
7.45 |
RLLR - 0.80 |
7.55 |
|
CIC-3 (750 to 774) |
RLLR - 0.60 |
7.75 |
RLLR - 0.50 |
7.85 |
|
CIC-4 (725 to 749) & NTC |
RLLR - 0.30 |
8.05 |
RLLR - 0.20 |
8.15 |
|
CIC-5 (700 to 724) |
RLLR - 0.20 |
8.15 |
RLLR - 0.10 |
8.25 |
|
CIC-6 (680 to 699) |
RLLR + 0.05 |
8.40 |
RLLR + 0.15 |
8.50 |
Housing Loan for Corporates
| Rating | Interest Rate | ROI |
|
IOB 1 or AAA |
RLLR + 0.65 |
9.00 |
|
IOB 2 or AA |
RLLR + 0.85 |
9.20 |
|
IOB 3 or A |
RLLR + 1.05 |
9.40 |
|
IOB 4 or BBB |
RLLR + 1.35 |
9.70 |
|
IOB 5 |
RLLR + 1.65 |
10.00 |
|
IOB 6 & Below and Below BBB |
Reject |
|
❱ IOB Home Advantage
| Individual | Term Loan | |
|
Risk Grade |
Interest RATE |
ROI |
|
CIC-1 (>= 800) |
RLLR + 0.65 |
9.00 |
|
CIC-2 (775 to 799) |
RLLR + 0.75 |
9.10 |
|
CIC-3 (750 to 774) |
RLLR + 0.90 |
9.25 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 1.15 |
9.50 |
|
CIC-5 (700 to 724) |
RLLR + 1.40 |
9.75 |
|
CIC-6 (680 to 699) |
RLLR + 1.65 |
10.00 |
❱ IOB Easy Plot
A. Upto 5 Years from Master Creation
| Term Loan | Salaried | |
| Risk Grade | Interest Rate | ROI at Present |
|
CIC-1 (>= 800) |
RLLR + 1.15 |
9.50 |
|
CIC-2 (775 to 799) |
RLLR + 1.25 |
9.60 |
|
CIC-3 (750 to 774) |
RLLR + 1.40 |
9.75 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 1.65 |
10.00 |
|
CIC-5 (700 to 724) |
RLLR + 1.90 |
10.25 |
|
CIC-6 (680 to 699) |
RLLR + 2.15 |
10.50 |
(This above interest Rates are valid upto 5 years from date of master creation, post which the interest rates will be switched over to table - B unless extended by the sanctioning authority for one more year)
B. After 5 years from Master Creation (Commercial Rate for the scheme if House construction is not completed)
| Term Loan | Salaried | |
| Risk Grade | Interest Rate | ROI at Present |
|
CIC-1 (>= 800) |
RLLR + 3.55 |
11.90 |
|
CIC-2 (775 to 799) |
RLLR + 3.60 |
11.95 |
|
CIC-3 (750 to 774) |
RLLR + 3.65 |
12.00 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 3.75 |
12.10 |
|
CIC-5 (700 to 724) |
RLLR + 3.95 |
12.30 |
|
CIC-6 (680 to 699) |
RLLR + 4.15 |
12.50 |
❱ IOB Surya
| Individual | Interest Rate | ROI | Non-Individual | Interest Rate | ROI |
|
Loan Upto Rs. 2.00 Lakhs |
7% |
Irrespective of Loan Amount |
|
7% |
|
|
Loan Above Rs. 2.00 Lakhs |
|||||
|
Term Loan |
Individual |
|
|
|
|
|
Risk Grade |
Interest Rate |
ROI |
|
|
|
|
750 & Above |
RLLR + 0.50 |
8.6 |
|
|
|
|
700 to 749 |
RLLR + 1.15 |
9.25 |
|
|
|
|
680 to 699 |
RLLR + 1.65 |
9.75 |
|
|
|
IOB HL-Surya:
| IOB HL-Surya | ROI |
|
Loan Upto Rs. 2.00 Lakhs |
7% |
❱ Other Housing Loans, Mortgage & Liquirent Loan
NRI HOUSING LOANS: TOP UP, LOAN AGST PROPERTY-HNI, LIQUIRENT, REVERSE MORTGAGE LOAN, Subhagruha Topup Loan, HOME IMPROVEMENT SCHEME & HOME DECOR LOANS
| Individual | Term Loan | |
| Risk Grade | Interest RATE | ROI |
|
CIC-1 (>= 800) |
RLLR + 1.55 |
9.90 |
|
CIC-2 (775 to 799) |
RLLR + 1.60 |
9.95 |
|
CIC-3 (750 to 774) |
RLLR + 1.65 |
10.00 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 1.75 |
10.10 |
|
CIC-5 (700 to 724) |
RLLR + 1.95 |
10.30 |
|
CIC-6 (680 to 699) |
RLLR + 2.15 |
10.50 |
Loan Against Property CC and CC-LIQUIRENT - AGAINST RENT
| Individual | Cash Credit | |
| Risk Grade | Interest RATE | ROI |
|
CIC-1 (>= 800) |
RLLR + 2.05 |
10.40 |
|
CIC-2 (775 to 799) |
RLLR + 2.10 |
10.45 |
|
CIC-3 (750 to 774) |
RLLR + 2.15 |
10.50 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 2.25 |
10.60 |
|
CIC-5 (700 to 724) |
RLLR + 2.45 |
10.80 |
|
CIC-6 (680 to 699) |
RLLR + 2.65 |
11.00 |
LOAN AGAINST PROPERTY-HNI and LIQUIRENT
| Non-Individual | Cash Credit | |
| Risk Grade | Interest RATE | ROI |
|
IOB1 or AAA |
RLLR + 1.55 |
9.90 |
|
IOB2 or AA |
RLLR + 1.60 |
9.95 |
|
IOB3 or A |
RLLR + 1.75 |
10.10 |
|
IOB4 or BBB |
RLLR + 1.95 |
10.30 |
|
IOB5 or BB |
RLLR + 2.55 |
10.90 |
Housing Loan-ELM
| Term Loan | Salaried | |
| Risk Grade | Interest RATE | ROI |
|
CIC-1 (>= 800) |
RLLR + 0.15 |
8.50 |
|
CIC-2 (775 to 799) |
RLLR + 0.40 |
8.75 |
|
CIC-3 (750 to 774) |
RLLR + 0.65 |
9.00 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 0.90 |
9.25 |
|
CIC-5 (700 to 724) |
RLLR + 1.15 |
9.50 |
|
CIC-6 (680 to 699) |
RLLR + 1.65 |
10.00 |
❱ Vehicle Loans
Vehicle Loan (Non-Electric): (w.e.f 08.10.2026)
| INDIVIDUAL-Four Wheeler | NON-INDIVIDUAL-Four Wheeler | ||||
| Risk Grade | Interest Rate | ROI | If External Rating is Available | ||
|
CIC-1 (>= 800) |
RLLR - 0.50 |
7.85 |
External Rating |
Interest RATE |
ROI |
|
CIC-2 (775 to 799) |
RLLR - 0.45 |
7.90 |
AAA to A |
RLLR - 0.50 |
7.85 |
|
CIC-3 (750 to 774) |
RLLR - 0.40 |
7.95 |
BBB |
RLLR + 0.70 |
7.65 |
|
CIC-4 (725 to 749) & NTC |
RLLR - 0.35 |
8.00 |
Below BBB |
Reject |
|
|
CIC-5 (700 to 724) |
RLLR - 0.25 |
8.10 |
If External Rating is Not-Available |
||
|
CIC-6 (680 to 699) |
RLLR + 0.50 |
8.85 |
ICON Rating |
Interest RATE |
ROI |
|
|
IOB 1 to IOB 3 |
RLLR - 0.50 |
7.85 |
||
|
IOB 4 & 5 |
RLLR + 0.70 |
9.05 |
|||
|
IOB 6 & BELOW |
Reject |
||||
| INDIVIDUAL-Two Wheeler | NON-INDIVIDUAL-Two Wheeler | ||||
| Risk Grade | Interest Rate | ROI | If External Rating is Available | ||
|
CIC-1 (>= 800) |
RLLR + 2.75 |
11.10 |
External Rating |
Interest RATE |
ROI |
|
CIC-2 (775 to 799) |
RLLR + 3.10 |
11.45 |
AAA to A |
RLLR + 2.75 |
11.10 |
|
CIC-3 (750 to 774) |
RLLR + 3.45 |
11.80 |
BBB |
RLLR + 6.25 |
14.60 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 4.55 |
12.90 |
Below BBB |
Reject |
|
|
CIC-5 (700 to 724) |
RLLR + 5.65 |
14.00 |
If External Rating is Not-Available |
||
|
CIC-6 (680 to 699) |
RLLR + 6.05 |
14.40 |
ICON Rating |
Interest RATE |
ROI |
|
|
|
|
IOB 1 to IOB 3 |
RLLR + 2.75 |
11.10 |
|
|
|
|
IOB 4 |
RLLR + 4.55 |
12.90 |
|
|
|
|
IOB 5 |
RLLR + 6.25 |
14.60 |
|
|
|
|
IOB 6 & BELOW |
Reject |
|
Vehicle Loan (Electric): (w.e.f 08.10.2026)
| INDIVIDUAL-Four Wheeler | NON-INDIVIDUAL-Four Wheeler | ||||
| Risk Grade | Interest Rate | ROI | If External Rating is Available | ||
|
CIC-1 (>= 800) |
RLLR - 0.55 |
7.80 |
External Rating |
Interest RATE |
ROI |
|
CIC-2 (775 to 799) |
RLLR - 0.50 |
7.85 |
AAA to A |
RLLR - 0.55 |
7.80 |
|
CIC-3 (750 to 774) |
RLLR - 0.45 |
7.90 |
BBB |
RLLR + 0.65 |
9.00 |
|
CIC-4 (725 to 749) & NTC |
RLLR - 0.40 |
7.95 |
Below BBB |
Reject |
|
|
CIC-5 (700 to 724) |
RLLR - 0.30 |
8.05 |
If External Rating is Not-Available |
||
|
CIC-6 (680 to 699) |
RLLR + 0.45 |
8.80 |
ICON Rating 1 |
INTEREST RATE |
ROI |
|
|
IOB 1 to IOB 3 |
RLLR - 0.55 |
7.80 |
||
|
IOB 4 & 5 |
RLLR + 0.65 |
9.00 |
|||
|
IOB 6 & BELOW |
Reject |
||||
| INDIVIDUAL-Two Wheeler | NON-INDIVIDUAL-Two Wheeler | ||||
| Risk Grade | Interest Rate | ROI | If External Rating is Available | ||
|
CIC-1 (>= 800) |
RLLR + 2.55 |
10.90 |
External Rating |
INTEREST RATE |
ROI |
|
CIC-2 (775 to 799) |
RLLR + 2.90 |
11.25 |
AAA to A |
RLLR + 2.55 |
10.90 |
|
CIC-3 (750 to 774) |
RLLR + 3.25 |
11.60 |
BBB |
RLLR + 6.05 |
14.40 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 4.35 |
12.70 |
Below BBB |
Reject |
|
|
CIC-5 (700 to 724) |
RLLR + 5.45 |
13.80 |
If External Rating is Not-Available |
||
|
CIC-6 (680 to 699) |
RLLR + 5.85 |
14.20 |
ICON Rating |
INTEREST RATE |
ROI |
|
|
IOB 1 to IOB 3 |
RLLR + 2.55 |
10.90 |
||
|
IOB 4 |
RLLR + 4.35 |
12.70 |
|||
|
IOB 5 |
RLLR + 6.05 |
14.40 |
|||
|
IOB 6 & BELOW |
Reject |
||||
❱ IOB Pink Wheel Scheme
|
Two Wheeler |
||||
|
|
Non-Electric |
Electric |
||
|
Risk Grade |
Interest Rate |
ROI |
Interest Rate |
ROI |
|
CIC-1 (>= 800) |
RLLR + 1.65 |
10.00 |
RLLR + 1.45 |
9.80 |
|
CIC-2 (775 to 799) |
RLLR + 2.15 |
10.50 |
RLLR + 1.95 |
10.30 |
|
CIC-3 (750 to 774) |
RLLR + 2.65 |
11.00 |
RLLR + 2.45 |
10.80 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 3.15 |
11.50 |
RLLR + 2.95 |
11.30 |
|
CIC-5 (700 to 724) |
RLLR + 3.65 |
12.00 |
RLLR + 3.45 |
11.80 |
|
CIC-6 (680 to 699) |
RLLR + 4.15 |
12.50 |
RLLR + 3.95 |
12.30 |
|
Four Wheeler |
||||
|
|
Non-Electric |
Electric |
||
|
Risk Grade |
Interest Rate |
ROI |
Interest Rate |
ROI |
|
CIC-1 (>= 800) |
RLLR - 0.60 |
7.75 |
RLLR - 0.65 |
7.70 |
|
CIC-2 (775 to 799) |
RLLR - 0.55 |
7.80 |
RLLR - 0.60 |
7.75 |
|
CIC-3 (750 to 774) |
RLLR - 0.50 |
7.85 |
RLLR - 0.55 |
7.80 |
|
CIC-4 (725 to 749) & NTC |
RLLR - 0.45 |
7.90 |
RLLR - 0.50 |
7.85 |
|
CIC-5 (700 to 724) |
RLLR - 0.35 |
8.00 |
RLLR - 0.40 |
7.95 |
|
CIC-6 (680 to 699) |
RLLR + 0.40 |
8.75 |
RLLR + 0.35 |
8.70 |
❱ Personal Loan
| TERM LOAN | Category A | Category B | Category C | |||
| Risk Grade | Interest RATE | ROI | Interest RATE | ROI | Interest RATE | ROI |
|
CIC-1 (>= 800) |
RLLR + 2.15 |
10.50 |
RLLR + 2.50 |
10.85 |
RLLR + 3.00 |
11.35 |
|
CIC-2 (775 to 799) |
RLLR + 2.35 |
10.70 |
RLLR + 2.55 |
10.90 |
RLLR + 3.10 |
11.45 |
|
CIC-3 (750 to 774) |
RLLR + 2.50 |
10.85 |
RLLR + 2.75 |
11.10 |
RLLR + 3.25 |
11.60 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 3.45 |
11.80 |
RLLR + 3.65 |
12.00 |
RLLR + 4.15 |
12.50 |
|
CIC-5 (700 to 724) |
RLLR + 4.05 |
12.40 |
RLLR + 4.15 |
12.50 |
RLLR + 4.65 |
13.00 |
|
CIC-6 (680 to 699) |
RLLR + 4.90 |
13.25 |
RLLR + 5.15 |
13.50 |
RLLR + 5.55 |
13.90 |
❱ Other Personal Loans
| TERM LOAN: PRE APPROVED PERSONAL LOAN and PERSONAL LOAN SCHEME TOP UP LOAN | ||
| Risk Grade | Interest Rate | ROI |
|
CIC-1 (>= 800) |
RLLR + 2.15 |
10.50 |
|
CIC-2 (775 to 799) |
RLLR + 2.35 |
10.70 |
|
CIC-3 (750 to 774) |
RLLR + 2.50 |
10.85 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 3.45 |
11.80 |
|
CIC-5 (700 to 724) |
RLLR + 4.05 |
12.40 |
|
CIC-6 (680 to 699) |
RLLR + 4.90 |
13.25 |
| TERM LOAN: PERSONAL LOAN TO LIC AGENTS | ||
| Risk Grade | Interest Rate | ROI |
|
CIC-1 (>= 800) |
RLLR + 2.50 |
10.85 |
|
CIC-2 (775 to 799) |
RLLR + 2.55 |
10.90 |
|
CIC-3 (750 to 774) |
RLLR + 2.75 |
11.10 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 3.65 |
12.00 |
|
CIC-5 (700 to 724) |
RLLR + 4.15 |
12.50 |
|
CIC-6 (680 to 699) |
RLLR + 5.15 |
13.50 |
| CASH CREDIT: CC LOAN TO LIC AGENTS | ||
| Risk Grade | Interest Rate | ROI |
|
CIC-1 (>= 800) |
RLLR + 3.00 |
11.35 |
|
CIC-2 (775 to 799) |
RLLR + 3.05 |
11.40 |
|
CIC-3 (750 to 774) |
RLLR + 3.25 |
11.60 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 4.15 |
12.50 |
|
CIC-5 (700 to 724) |
RLLR + 4.65 |
13.00 |
|
CIC-6 (680 to 699) |
RLLR + 5.65 |
14.00 |
| TERM LOAN: Elite consumer Durable Loan and Consumer Durable Loan | ||
| Risk Grade | Interest Rate | ROI |
|
CIC-1 (>= 800) |
RLLR + 3.00 |
11.35 |
|
CIC-2 (775 to 799) |
RLLR + 3.10 |
11.45 |
|
CIC-3 (750 to 774) |
RLLR + 3.25 |
11.60 |
|
CIC-4 (725 to 749) & NTC |
RLLR + 4.15 |
12.50 |
|
CIC-5 (700 to 724) |
RLLR + 4.65 |
13.00 |
|
CIC-6 (680 to 699) |
RLLR + 5.55 |
13.90 |
❱ Education Loan Schemes
| VIDYA JYOTHI | ||
| Type | Rate of Interest | Effective Rate |
|
INTEREST RATE FOR PUBLIC |
RLLR +1.65% |
10.00 |
|
INTEREST RATE FOR WARDS OF STAFF AND RETIRED STAFF |
RLLR +0.40% |
8.75 |
| CONCESSIONS | |
| DETAILS | CONCESSION |
|
GIRL STUDENT |
0.50% |
|
FOR INTEREST SERVICED DURING MORATORIUM |
1.00% |
|
STUDY IN INDIA |
|
|
INSTITUTES RANKED UP TO 20 |
1.50% |
|
INSTITUTES RANKED FROM 21 TO 50 |
1.00% |
|
STUDY ABROAD |
|
|
INSTITUTES RANKED UPTO 100 |
1.50% |
|
INSTITUTES RANKED 101 TO 200 |
1.00% |
| VIDYA SURAKSHA | ||
| Type | Rate of Interest | Effective Rate |
|
LOAN ONLY UP TO Rs 7.50 Lakh |
RLLR +1.65% |
10.00% |
| VIDYA SHRESHT | ||
| Type | Rate of Interest | Effective Rate |
|
A RATED INSTITUTIONS |
RLLR -0.60% |
7.75% |
|
B RATED INSTITUTIONS |
RLLR -0.35% |
8.00% |
| IOB SCHOLAR | ||
| Type | Rate of Interest | Effective Rate |
|
LOAN UP TO Rs. 7.50 Lakh |
RLLR +2.20% |
10.55% |
|
ABOVE Rs. 7.50 lakhs UP TO Rs. 60 Lakh |
RLLR +3.20% |
11.55% |
|
IOB SCHOLAR TO STAFF WARD UP TO Rs. 60 Lakh |
RLLR +1.90% |
10.25% |
| Other Education Loan Schemes | ||
| Type | Rate of Interest | Effective Rate |
|
SKILL LOAN |
RLLR +1.50% |
9.85% |
|
VOCATIONAL LOANS |
RLLR +3.20% |
11.55% |
|
IOB CAREER DREAM UPTO Rs. 2 Lakh BY LIQUID SECURITY |
RLLR +3.45% |
11.80% |
|
IOB CAREER DREAM ABOVE Rs. 2 Lakh SECURED BY IMMOVABLE |
RLLR +3.65% |
12.00% |
|
BIHAR STUDENT CREDIT CARD SCHEME UP TO Rs. 4.00 LAKH |
RLLR +2.20% |
10.55% |
❱ Fixed Rate of Interest
| Sr. No. | Scheme | Fixed Rate Of Interest |
|
1 |
HOUSING LOANS |
11% |
|
2 |
HOME ADVANTAGE |
12% |
|
3 |
HOUSING LOAN TOP UP |
12% |
|
4 |
HOME DÉCOR |
13% |
|
5 |
HOME IMPROVEMENT |
12% |
|
6 |
VEHICLE LOAN (4 Wheeler) |
12% |
|
7 |
VEHICLE LOAN (2 Wheeler) |
13% |
|
8 |
PERSONAL LOANS |
14% |
|
9 |
PERSONAL LOAN TOP UP |
14% |
|
10 |
EDUCATION AND ALLIED SCHEMES |
13% |
|
11 |
LOAN AGAISNT PROPERTY |
13% |
|
12 |
EMI BASED JL |
11% |
|
13 |
LOAN AGAINST SGB(EMI BASED) |
12% |
|
14 |
LOAN AGAISNT NSC/KVP/LIC AND OTHER MIS LIQUID SECURITIES |
14% |
|
15 |
PENSIONER LOAN |
14% |
|
16 |
IOB SURYA |
14% |
- For Jewel Loan Information (Click here)
- For Jewel Loan Interest Rates (Click here)
Special Concession of 0.20% for HL Customers is being Discontinued with Immediate Effect.
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