The following are the interest rates for Indian Bank marriage loans for various applicant types:
| For employees of Government
organizations/ State Government/ PSUs & Central and for Salaried individuals of reputed Private Sector/ other reputed organizations approved by respective Zonal Office |
If Check-off facility &
undertaking by the employer is available |
10.35% p.a. |
| If Check-off facility &
undertaking by the employer is not available, but salary is credited with the bank |
10.95% p.a. | |
| For Housing Loan Borrowers (Salaried Class) | Where applicant’s salary is credited to Indian Bank salary account | 10.35% p.a. |
| For pensioners | Repayment within 12 months | 11.90% p.a. |
| Repayment over 12 months and up to 36 months | 12.65% p.a. | |
| Repayment over 36 months and up to 60 months | 12.90% p.a. |
