|
|
Category of Advance |
Revised Interest
rate structure under SBBJ’s EXPO GOLD CARD SCHEME
for Exporters. w.e.f. 20.02.2007 (%) |
|
1. |
Pre-Shipment Credit |
|
|
(i) |
(a) Up to 180 days |
3.25 % below BPLR
|
|
|
(b) Beyond 180 days and
upto 365 days |
2.60 % below BPLR
|
|
(ii) |
Against incentives
receivable from Govt. covered by ECGC Guarantees (Up
to 90 days) |
3.25 %below BPLR |
|
2. |
Post-Shipment Credit |
|
|
(i)
(ii) |
Demand Bills (for
transit period as specified by FEDAI)
Usance Bills (For total period comprising usance
period of export bills, transit period as specified
by FEDAI and grace period wherever applicable)
(a) Up to 365 days from the
date of shipment |
3.25 %below BPLR
|
|
|
(b) For the overdue
period:
(i) Up to 6 months from the
date of shipment |
BPLR plus 1.85 % |
|
|
(ii) Beyond 6 months
from the date of shipment |
BPLR plus 2.50 % |
|
|
(iii) Against incentives
receivable from Govt. covered by ECGC Guarantee (up
to 90 days) |
3.25 %below BPLR
|
|
|
(iv) Against undrawn balances
(Upto 90 days) |
3.25 %below BPLR |
|
|
(v) Against retention money
(for supplies portion only payable within one year
from the date of shipment (up to 90 days) |
3.25 %below BPLR |
|
3. |
Deferred Credit
Deferred Credit for the period beyond 180 days |
Rate applicable to term
loans based on the borrower’s credit rating. |
|
4.
(i) |
Export credit not
otherwise specified
(ECNOS)
Pre-shipment credit |
Rate applicable to Cash
Credit advance |
|
(ii) |
Post-shipment credit |
Rate applicable to Cash
Credit advance |
