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| Credit Schemes
| Benchmark PRIME LENDING
RATE |
| BENCHMARK PLR |
13.00% p.a.
(w.e.f. from 01-04-2008) |
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| --Retail Scheme-- |
| For Interest Rates please refer schemes under Product > Retail Credit Products |
SME
Finance
| Sl. No. |
Loan slab |
Interest rate |
| 1 |
Loan upto Rs. Rs. 50000/- |
9.75 % (Fixed) |
| 2 |
Above Rs. 50000/- to Rs. 5.00 lakh |
PLR -2% |
| 3 |
Above Rs. 5.00 lakh to Rs. 10.00 lakh |
PLR - 1.5% |
| 4 |
Rs. 10.00 lakh & above |
AB-1 & AB-2: PLR - 1.5%
AB-3 : PLR - 0.5%
Others: PLR +
0.5% |
| 5 |
Rs. 2.00 lakh & above (New project/green field project) |
PLR + 0.5% |
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| Agricultural advances
and advances from Bank to SHGs. |
| Loan Limit |
Rate of Interest
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| Upto Rs 50000/- |
9.75 % p.a. (Fixed) |
| Above Rs 50000/- & upto Rs 2.00 lacs |
PLR – 2.00% |
| Above Rs 2.00 lacs & upto Rs 5.00 lacs |
PLR – 0.50% |
| Above Rs 5.00 Lacs |
PLR + 0.50% |
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For further details please contact our nearest Branch.
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