INTEREST RATES

Lending rates for loans under the following schemes

  1. Benchmark Primary Lending Rate(BPLR) is fixed at 10.00% p.a.
  2. Lending rates for loans under the following schemes: w.e.f. 01.07.2022
  3. Lending rates for loans under the following schemes

S.No Type of Loan/Scheme Net interest rate (% p.a)
Rating Existing Revised
1 Scheme of Financial assistance to Practicing Doctors and existing nursing homes for acquiring Fixed assets (PDS). CR-1, CR-2 11.00 10.00
CR-3, CR-4 11.50 10.50

Lending rates for the loans to be fixed based on the credit rating linked to BPLR as under:

S.No Type of Loan/Scheme Net interest rate (% p.a)
CR1 CR2 CR3 CR4
1 Term Loan/Addl. Term Loans – including Hotels, Hospitals, Transport Vehicles, Bore-well rigs, road laying and heavy earth moving equipment etc. 10.00
(PLR)
10.00
(PLR)
10.50
(PLR+ 0.50)
11.00
(PLR+ 1.00)
2 Loans under MSME-MTL & Marketing Assistance Schemes. 10.00
(PLR)
10.50
(PLR+ 0.50)
11.00
(PLR+ 1.00)
11.50
(PLR+ 1.50)
3 Corporate Loan Scheme * 10.50
(PLR+ 0.50)
11.00
(PLR+ 1.00)
11.50
(PLR+ 1.50)
12.00
(PLR+ 2.00)
4 Loans under Risk Capital Fund Scheme, Loans for constructions of Commercial & Residential Complexes 11.00
(PLR+ 1.00)
11.50
(PLR+ 1.50)
12.00
(PLR+ 2.00)
12.50
(PLR+ 2.50)

* In respect of Corporate Loans for CRE Sector, the rate of interest applicable shall be on par with the loans considered for construction of commercial and residential complexes

Note :

  1. Interest rates mentioned above are net rates.
  2. In respect GES/SES cases a special interest concession can be considered as per the guidelines.

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