Rate of Interest

The maximum rate of interest charged by the Federation to the Primary Co-op. Housing Societies is 11.5% and the rate of interest charged by the Primary Co-op. Housing Societies to their Members is 14% for the construction and purchase of new house/flats loan.

S.No. Purpose of Loan Interest Rate
Federation to Primary Societies
(Excluding Group Insurance)
Primary Societies to Members
(Excluding Group Insurance)
1 CONSTRUCTION LOAN

11.50%

13.50%

2 MORTGAGE LOAN

12.00%

14.00%

3 JEWEL LOAN

11.50%

14.00%