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RATES OF INTEREST EFFECTIVE FROM 28.06.2008

SSI & SBF Advances Upto Rupees 25.00 Lac | SSI Advances Exceeding Rs.25.00 Lac | Working Capital | Term Loan
......................................................................................................................................................................................

SSI & SBF ADVANCES UPTO RUPEES 25.00 LAC

1. WORKING CAPITAL

(Interest Rates in percent per annum)

 

Size of Limit

EXISTING INTEREST RATE
AT MONTHLY REST
W.E.F. 11.04.2007

REVISED INTEREST RATE
AT MONTHLY REST
W.E.F. 28.06.2008

Upto Rs.50000/-

10.75
(2.25 below BPLR)

11.25
(2.25 below BPLR)

Above Rs.50,000/-& upto Rs.2.00 lacs

11.75
(1.25 below BPLR)

12.25
(1.25 below BPLR)

Above Rs.2.00 lac & upto Rs.5.00 lac

12.50
(0.50 below BPLR)

13.00
(0.50 below BPLR)

Above Rs.5 lac & upto Rs.25 lac

Excellent 12.25 (0.75 below BPLR)
Others 12.75 (0.25 below BPLR)

Excellent 12.75 (0.75 below BPLR)
Others 13.25 (0.25 below BPLR)

 

2. TERM LOAN

(I) Term Loans repayable beyond one year but before three years.

(Interest Rates in percent per annum)

 

Size of Limit

EXISTING INTEREST RATE
AT MONTHLY REST
W.E.F. 11.04.2007

REVISED INTEREST RATE
AT MONTHLY REST
W.E.F. 28.06.2008

Upto Rs.50000/-

10.75
(2.25 below BPLR)

11.25
(2.25 below BPLR)

Above Rs.50,000/-& upto Rs.2.00 lacs

11.75
(1.25 below BPLR)

12.25
(1.25 below BPLR)

Above Rs.2.00 lac & upto Rs.5.00 lac

12.50
(0.50 below BPLR)

13.00
(0.50 below BPLR)

Above Rs.5 lac for SBF &

Above Rs.5 lac & upto Rs.25 lac for SSI

Excellent 12.25
(0.75 below BPLR)
Others 12.75
(0.25 below BPLR)

Excellent 12.75
(0.75 below BPLR)
Others 13.25
(0.25 below BPLR)

 

(II) Term Loans repayable in three years and above.

(Interest Rates in percent per annum)

 

Size of Limit

EXISTING INTEREST RATE
AT MONTHLY REST
W.E.F. 11.04.2007

REVISED INTEREST RATE
AT MONTHLY REST
W.E.F. 28.06.2008

Upto Rs.50,000/-

11.25
(1.75 below BPLR)

11.75
(1.75 below BPLR)

Above Rs.50,000/-& upto Rs.2.00 lacs

12.25
(0.75 below BPLR)

12.75
(0.75 below BPLR)

Above Rs.2.00 lac & upto Rs.5.00 lac

13.00
(BPLR)

13.50
(BPLR)

Above Rs.5 lac for SBF &

Above Rs.5 lac & upto Rs.25 lac for SSI

Excellent 12.75
(0.25 below BPLR)
Others 13.25
(0.25 above BPLR)

Excellent 13.25
(0.25 below BPLR)
Others 13.75
(0.25 above BPLR)

 

 

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