Rate of interest for credit score pricing model effective Jan 25, 2019
|Loan product||Interest Band|
|Mortgage -Housing||12.00%-15.50 %|
* Principal paid during the year shall be adjusted at the end of the month in which the same is paid.
The Rate of Interest within the band given above for the loan product shall be determined by the individual credit score of the applicant(s). The individual credit score is computed based on 23 parameters covering aspects such as income, family, savings, assets and liabilities etc.