Current Interest Rates

Effective from January 2024

Loan Interest Rates

All loans at flat rate

Loan Type Rate Max Term
Car Loan 6% 7 years
Personal Loan 6% 5 years
Home Loan 6% 7 years
Emergency Loan 6% 3 years
Education Loan 6% 5 years
Business Loan 6% 5 years

Savings Interest Rates

Compounded monthly

Savings Type Rate Min. Amount
Regular Savings 3.5% Rs 500
Fixed Deposit (6 months) 5.0% Rs 10,000
Fixed Deposit (1 year) 6.0% Rs 10,000
Fixed Deposit (2 years) 6.5% Rs 10,000
Fixed Deposit (3 years) 7.0% Rs 10,000
Fixed Deposit (5 years) 8.0% Rs 10,000

Important Information

About Loan Rates
  • All loan rates are flat rates (not reducing balance)
  • No processing or administration fees for members
  • No early repayment penalties
  • Loan eligibility based on savings and income
  • Guarantor may be required for larger amounts
About Savings Rates
  • Interest compounded monthly
  • Fixed deposit rates apply for full term
  • Early withdrawal may reduce interest earned
  • No monthly maintenance fees
  • Members may also receive annual dividends

Disclaimer: Rates are subject to change without prior notice. Please contact us for the most current rates. Terms and conditions apply. Golden CCU reserves the right to approve or decline any application based on our lending criteria.

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