| Credit facilities (Working capital facilities with or without term loan) |
Existing Rates |
Rate of Interest under Base Rate System (Base Rate: 8.25%) |
Up to Rs. 25 lakh |
9.25% |
Base Rate + 1.00% (9.25%) |
Above 25 lakh and up to Rs. 1 crore |
10.25% |
Base Rate + 2.00% (10.25%) |
Above 1 crore to 10 crore |
11.25% |
Base Rate + 3.00% (11.25%) |
The above-mentioned fixed rate of interest will be applicable for new sanctions for first year and from second year onward rate of interest as per internal rating (CRR) as given below under 19.1 and 19.2 shall be applicable. For advances below Rs. 2.00 lakh, which are not subjected to credit risk rating (CRR), the chargeable rate of interest will be same as applied during the first year. |
| Rating (As per internal Credit Risk Rating) |
Existing Rate under BPLR System |
Rate of Interest under Base Rate System |
| Rate of Interest for units enjoying total fund based limits above Rs.10.00 crore |
Concessional Rate of Interest for Micro Enterprises |
Concessional Rate of Interest for Small & Medium Enterprises enjoying total fund based limits up to Rs.10.00 crore |
Rate of Interest for units enjoying total fund based limits above Rs.10.00 crore |
Concessional Rate of Interest for Micro Enterprises |
Concessional Rate of Interest for Small & Medium Enterprises enjoying total fund based limits up to Rs.10.00 crore |
| AAA |
BPLR-1.75% |
BPLR-2.75% |
BPLR-2.25% |
Base Rate +2.50% (10.75%) |
Base Rate +1.50% (9.75%) |
Base Rate +2.00% (10.25%) |
| AA |
BPLR-1.25% |
BPLR-2.25% |
BPLR-1.75% |
Base Rate +3.00% (11.25%) |
Base Rate +2.00% (10.25%) |
Base Rate +2.50% (10.75% ) |
| A |
BPLR-0.75% |
BPLR-1.75% |
BPLR-1.25% |
Base Rate +3.50% (11.75%) |
Base Rate +2.50% (10.75%) |
Base Rate +3.00% (11.25%) |
| BBB |
BPLR-0.50% |
BPLR-1.50% |
BPLR-1.00% |
Base Rate +3.75% (12.00%) |
Base Rate +2.75% (11.00%) |
Base Rate +3.25% (11.50%) |
| BB |
BPLR-0.25% |
BPLR-1.25% |
BPLR-0.75% |
Base Rate +4.00% (12.25% ) |
Base Rate +3.00% (11.25%) |
Base Rate +3.50% (11.75%) |
| B |
BPLR+0.25% |
BPLR-0.75% |
BPLR-0.25% |
Base Rate +4.50% (12.75%) |
Base Rate +3.50% (11.75%) |
Base Rate +4.00% (12.25%) |
| C |
BPLR+0.75% |
BPLR-0.25% |
BPLR+0.25% |
Base Rate +5.00% (13.25%) |
Base Rate +4.00% (12.25%) |
Base Rate +4.50% (12.75%) |
| Rating (As per internal Credit Risk Rating) |
Existing Rate under BPLR System |
Rate of Interest under Base Rate System |
| Rate of Interest for units enjoying total fund based limits above Rs.10.00 crore |
Concessional Rate of Interest for Micro Enterprises |
Concessional Rate of Interest for Small & Medium Enterprises enjoying total fund based limits up to Rs.10.00 crore |
Rate of Interest for units enjoying total fund based limits above Rs.10.00 crore |
Concessional Rate of Interest for Micro Enterprises |
Concessional Rate of Interest for Small & Medium Enterprises enjoying total fund based limits up to Rs.10.00 crore |
| AAA |
BPLR-1.25% |
BPLR-2.25% |
BPLR-1.75% |
Base Rate +3.00% (11.25%) |
Base Rate +2.00% (10.25%) |
Base Rate +2.50% (10.75%) |
| AA |
BPLR-0.75% |
BPLR-1.75% |
BPLR-1.25% |
Base Rate +3.50% (11.75%) |
Base Rate +2.50% (10.75%) |
Base Rate +3.00% (11.25%) |
| A |
BPLR-0.50% |
BPLR-1.50% |
BPLR-1.00% |
Base Rate +3.75% (12.00%) |
Base Rate +2.75% (11.00%) |
Base Rate +3.25% (11.50%) |
| BBB |
BPLR+0.25% |
BPLR-0.75% |
BPLR-0.25% |
Base Rate +4.50% (12.75%) |
Base Rate +3.50% (11.75%) |
Base Rate +4.00% (12.25%) |
| BB |
BPLR+0.75% |
BPLR-0.25% |
BPLR+0.25% |
Base Rate +5.00% (13.25%) |
Base Rate +4.00% (12.25%) |
Base Rate +4.50% (12.75%) |
| B & C |
BPLR+1.25% |
BPLR+0.25% |
BPLR+0.75% |
Base Rate +5.50% (13.75%) |
Base Rate +4.50% (12.75%) |
Base Rate +5.00% (13.25%) |
|
Existing Rate under BPLR System |
Rate of Interest under Base Rate System |
| AAA |
BPLR |
Base Rate+4.00 (12.25%) |
| AA |
BPLR+0.50% |
Base Rate + 4.50% (12.75%) |
| A |
BPLR+1.25% |
Base Rate +5.25% (13.50%) |
| BBB |
BPLR+2.00% |
Base Rate +6.00% (14.25%) |
| BB |
BPLR+3.50% |
Base Rate +7.50% (15.75%) |
| B & C |
BPLR+4.00% |
Base Rate +8.00% (16.25%) |
|
Under BPLR System |
Under Base Rate System |
| Residual Tenor of the loan |
Additional Load Factor |
Additional Load Factor |
| Above 1 year and up to 3 years |
25 bps |
25 bps |
| Above 3 years and up to 5 years |
50 bps |
50 bps |
| Above 5 years and up to 7 years |
75 bps |
75 bps |
| Above 7 years |
100 bps |
100 bps |
| |
This is subject to that the final rate of interest after additional load factor as above should not exceed the ceiling of BPLR + 4.00% as at present. |
This is subject to that the final rate of interest after additional load factor as above should not exceed 16.25%. |