Search
1.
Eligibility
2.
Nature of facility
Term Loan and / or Working Capital (Fund Based and Non-Fund Based)
3.
Quantum of facility
Minimum :Above Rs.10 lacs Maximum: Rs.500.00Lacs
4.
Rate of Interest
Working Capital
Table - A
Table - B
Credit Rating
Minimum 100 % & below 150% Security coverage in terms of Land & Building and liquid assets of loan amount
150% & above Security coverage in terms of Land & Building and liquid assets of loan amount
CR-1
1 Yr MCLR + 0.75%
1 Yr MCLR + 0.25%
CR-2
1 Yr MCLR + 1.00%
1 Yr MCLR + 0.50%
CR-3
CR-4
1 Yr MCLR + 1.25%
CR-5
* Above rates are applicable to working capital loans only.
In addition to the above, Term Loans will have following credit risk premium, mentioned rates as per corresponding rating and tenor as per extant guidelines on interest rates.
Total Term of Loan (including moratorium/holiday period)
Revised
Loans with Tenor > 1 years but <= 3 years
0.10%
Term Period >3 years <= 5years
0.25%
Term Period > 5yrs but <= 7 years
0.50%
6.
Repayment
Working Capital: On Demand.
Term Loan: Maximum Door to Door repayment shall be 7 years including moratorium period not exceeding 12 months. Repayment will be in monthly installments. Interest shall be recovered separately as and when due.
*Conditions apply, for further details, please visit our nearest Branch.