(II) Advances ` Lacs & Above :

Transcription

1 (A) Rate of interest on MSE Segment w.e.f. 18/06/2015 (Base rate-9.95% w.e.f. 18/06/2015) (I) Advances below ` Lacs: Existing Working Capital & Term Loans (3 Years & above) Working Capital & Category Term Loan Term Loan (less than 3 Y) (less than 3 Y) Revised Term Loans (3 Years & above) (With or without (With or without (With or without (With or without CGTMSE cover) CGTMSE cover) CGTMSE cover) CGTMSE cover) (CGTMSE cost to (CGTMSE cost (CGTMSE cost to (CGTMSE cost to to Bank) Bank) Bank) Bank) Upto Rs. Rs. 2 BR+1.75 i.e. BR+2.00 i.e. BR+1.75 i.e. lacs 11.85% 11.70% BR+2.00 i.e % 11.95% Above Rs. 2 BR+2.75 i.e. BR+3.00 BR+2.75 i.e. BR+3.00 lacs & below i.e. i.e % 12.70% Rs. 25 lacs 13.10% 12.95% (II) Advances ` Lacs & Above : Credit Rating Working Capital & Term Loan Existing Term Loans (3 Years & above) Working Capital & Term Loan (less than 3 Y) (less than 3 Y) Revised Term Loans (3 Years & above) SBBJ-1 & BR+2.00 i.e. BR+2.25 i.e. BR+2.00 i.e. BR+2.25 i.e. SBBJ % 12.35% 11.95% 12.20% SBBJ-3 to BR+2.50 i.e. BR+2.75 i.e. BR+2.50 i.e. BR+2.75 i.e. SBBJ % 12.85% 12.45% 12.70% SBBJ-6 & BR+3.00 i.e. BR+3.25 i.e. BR+3.00 i.e. BR+3.25 i.e. SBBJ % 13.35% 12.95% 13.20% SBBJ-8 & BR+3.25 i.e. BR+3.50 i.e. BR+3.25 i.e. BR+3.50 i.e. SBBJ % 13.60% 13.20% 13.45% SBBJ-10 BR+4.00 i.e. BR+4.25 i.e. BR+4.00 i.e. BR+4.25 i.e % 14.35% 13.95% 14.20% SBBJ-11 BR+6.00 i.e. BR+6.50 i.e. BR+6.00 i.e. BR+6.50 i.e. to SBBJ % 16.60% 15.95% 16.45%

2 Interest Rate for Other MSE Schemes: Scheme Revised w.e.f SME Saral Loan Scheme Base Rate % i.e % p.a. Rice Mill Plus Scheme SBBJ Marble Plus Loan Scheme SME Car Loan Scheme For MSE Segment: 100 basis points below the respective rates applicable to MSE (Mfg.)/SSI only. Up to `2 Lacs 11.50% (Fixed for one year from date of sanction) And from IInd year 1.75% above Base Rate (Present effective rate 11.70%) Above ` 2 Lacs % (fixed for one year from date of sanction) And from IInd year 2.25% above Base Rate ( Present effective rate : 12.20%) At per with P Segment. (Present effective rate: 10.10%) BBJ SME Connect Loan Scheme. ROI for 1St year: i) MSE (Prio) : 11.25% (fixed for one year from the date of sanction) ii)me(non-priority): 11.75% (fixed for one year from the date of sanction) ROI for 2nd year: (A) For Un-Rated accounts: (` 10 Lacs & above but< ` 25 Lacs) ( for IInd year (w.e.f end of 1st Year after date of sanction) : BR+1.75% (Floating) Present effective rate is 11.70% p.a.(100 bps below card rate) (B) For Rated accounts: ` 25 Lacs & above) For IInd year(w.e.f. end of first year, after date of first sanction) concession in interest rate is as under : SBBJ-1 to SBBJ-5 : 50 Basis Point below Card Rate. SBBJ-6 to SBBJ-10 : 100 Basis points below Card Rate. SBBJ-11 to SBBJ-16 : At Card Rate Thereafter Normal rates as applicable from time to time as per Credit rating and credit Limit of the borrower

3 Under SME connect Loan Scheme, concession as above in interest rate 2nd year will not parameterize. Therefore, change in rate of interest has to be done manually, wherever applicable. Branch may propose concession in interest rate for 3rd year also. The proposal to be put up to Competent Authority, 2 months before the end of 2nd year. Finance Against Warehouse Recipts Demand Loan/ Cash Credit: (i) Priority sector: 1.00% above base rate i.e. present effective rate will be 10.95% p.a. on monthly reset (ii) Non Priority:1.00% above Base Rate i.e. present effective rate will be 10.95% p.a. MSME TRANSPORT OPERATOR LOAN SCHEME (A) For Loans below `25lacs i) Advances up to `2 Lac : BR +2% i.e % ii) Above ` 2 lacs & below ` 25 Lacs : BR % i.e % (B) for Loans of ` 25 Lacs and above CRA RATING For TL up to 1 years & amount ` 25 Lacs and above upto ` 1 Crore SB1& SB2 BR % =11.95% SB3 to BR % SB5 =12.45% For TL upto 7years & amount `25Lac and above & upto ` 2 Crore BR % =12.20% BR % =12.70% SB6 to SB7 SB8 to SB9 BR % =12.70% BR % =12.95% BR % =13.20% BR % =13.45% SB10 BR % =13.70% BR % =14.20% SB11 to SB16 BR % =15.95% BR % =16.45%

4 Swarojgar Credit Card for Minority Communities. (Maximum limit `2 Lacs) Base rate % i.e % p.a.(cgtmse cover Mandatory. Cost to be borne by the Bank) Construction Equipment Loan Scheme Amount Period Rate of Interest For less than `25 lacs 3 years 12% p.a. (fixed) >3 yrs & upto 5 Yrs 12.25% p.a.(fixed) For ` 25 Lacs & above upto` 1 Crore 3 years 12.25% p.a.(fixed) >3 yrs & upto 5 Yrs 12.50%p.a.(fixed) Arthia Plus Scheme SBBJ Professional Plus Loan Scheme As per Card rate (For New Accounts interest rate as per SME Connect Scheme i.e % (Only for first year) (i) Limit upto `2 lacs : As per Card Rates (ii) Limit above `2 Lacs and below ` 25 Lacs : 50bps concession from Card rates (as application to MSE advances from time to time) (iii) limit ` 25 Lacs & above : 50bps concession from Card Rates( as per CRA Rating) Discretionary powers will be as per Circular No. CPPD/14/ dated 06/08/2013 and as per instructions issued from time to time. (C) Rate of interest where Collateral Security is 100% or more If there is 100% or more collateral (Realizable value) in the form of immovable property compared to total exposure (excluding advance against deposit), the ROI would be 25 basis points lower than rate stipulated in the respective category. This concession will not be available to the borrower under

5 schematic loans viz SME Saral Loan Scheme, SBBJ Marble plus loan scheme, SBBJ SME Connect Loan Scheme, SME Transport Operator Loan Scheme, Construction Equipment Loan Scheme etc. (D)Concession to External Credit Rated (ECR) Borrowers MSE units which have been assigned SME credit risk Rating-SME 1 to SME 3 (on a Scale of SME-1 to SME-8) or Performance & Credit Rating for MSEs : SE 1A, SE 1B, SE 2A, SE 2B (On a Scale of SE-1A to SE-5C), by Bank s approved Rating Agencies, are eligible to get concession in interest rate by 25 bps. These units would also get 0.25% concession in interest rate if there is more than 100% security (Realizable value) as collateral. Other guidelines. In case of Govt. sponsored Schemes & Schematic lending, interest rate would be as per the Scheme.. Aggregate limit exposure of the borrower will be the criterion to decide on the interest slabs. Aggregate limit would include all Fund (including sanctioned amount of term loans) and NFB Credit limits.. In case of existing accounts, if the existing effective interest rate is lower than the revised card rate, the existing interest rate will continue to be charged till the expiry of concession of interest, if any or review/renewal of credit facilities, whichever is earlier.. As per extant instructions, in any case concession in interest rate may be allowed, subject to the intt. Rate not falling below base rate. *****

6 A. SSI ADVANCES BELOW ` LAC 1. WORKING CAPITAL Size of Limit INTEREST RATES FOR BPLR LINKED ADVANCES RATE BPLR=15.00% AT Upto `50000/ (2.75 below (2.75 below Above `.50,000/-& upto `.2.00 lacs 13.25(1.75 below (1.75 below Above `.2.00 lac & upto `5.00 lac 14.00(1.00 below (1.00 below Above `5 lac & below `25 lac Excellent 13.75(1.25 below (1.25 below Others 14.25(0.75 below (0.75 below 2. TERM LOAN (SANCTIONED ON OR AFTER ) (I) Term Loans Repayable beyond one year but before three years. Upto `50000/- Size of Limit RATE (2.75 below RATE BPLR=15.00% AT (2.75 below Above `50,000/-& upto `2.00 lacs (1.75 below (1.75 below Above `.2.00 lac & upto `5.00 lac (1.00 below (1.00 below Above `.5 lac & below `25 lac: Excellent (1.25 below (1.25 below Others (0.75 below (0.75 below

7 (II) Term Loans repayable in three years and above. SIZE OF LIMIT RATE BPLR=15.00% AT RATE Upto `50, 000/ (2.25 below (2.25 below Above `.50, 000/-& upto `2.00 lacs (1.25 below (1.25 below Above `2.00 lac & upto `.5.00 lac (0.50 below (0.50 below Above `5 lac & below `.25 lac:- Excellent (0.75 below (0.75 below Others (0.25 below (0.25 below 3. TERM LOAN (SANCTIONED PRIOR TO ) (I) Term Loans Repayable beyond one year but before three years. Size of Limit RATE Upto `50000/ (2.25 below (2.25 below Above `.50, 000/-& upto `.2.00 lacs (1.25 below (1.25 below Above `.2.00 lac & upto `.5.00 lac (0.50 below (0.50 below Above `.5 lac & below `.25 lac: Excellent (0.75 below (0.75 below Others (0.25 below (0.25 below (II) Term Loans repayable in three years and above. SIZE OF LIMIT RATE Upto `.50, 000/ (1.75 below (1.75 below Above `.50, 000/-& upto `2.00 Lac (0.75 below (0.75 below Above `.2.00 lac & upto `.5.00 lac ( ( Above `.5 lac & below `25 lac: Excellent (0.25 below (0.25 below Others (0.25 above (0.25 above

8 B. SBF ADVANCES BELOW ` LAC 1. WORKING CAPITAL Size of Limit RATE RATE Upto `50000/ (2.25 below (2.25 below Above `50, 000/-& upto `.2.00 lacs (1.25 below (1.25 below Above `2.00 lac & upto `5.00 lac (0.50 below (0.50 below Above `5 lac & below `25 lac (0.75 below (0.75 below Excellent Others (0.25 below (0.25 below 2. TERM LOAN (I) Term Loans Repayable beyond one year but before three years. Size of Limit Upto `50000/ (2.25 below (2.25 below Above `50,000/-& upto `.2.00 lacs (1.25 below (1.25 below Above `2.00 lac & upto `5.00 lac (0.50 below (0.50 below Above `.5 lac & below `.25 lac:- Excellent (0.75 below (0.75 below Others (0.25 below (0.25 below II) Term Loans repayable in three years and above. SIZE OF LIMIT Upto `.50, 000/ (1.75 below (1.75 below Above `50, 000/-& upto `2.00 lacs (0.75 below (0.75 below Above `2.00 lac & upto `5.00 lac ( ( Above `5 lac & below `25 lac:-

9 Excellent (0.25 below (0.25 below Others (0.25 above (0.25 above (C) SSI & SBF ADVANCES FOR `25.00 LAC & ABOVE 1. WORKING CAPITAL NEW CREDIT RATING MONTHLY REST MONTHLY REST SBBJ 1 & (0.75 below (0.75 below SBBJ 3 to (0.50 below (0.50 below SBBJ 6 & ( ( SBBJ 8 & SBBJ (0.75 above (0.75 above SBBJ 10 to (1.50 above (1.50 above 2. TERM LOAN (I) Term Loans Repayable beyond one year but before three years. NEW CREDIT RATING EXISTING INTEREST RATE BPLR=15.25% AT W.E.F MONTHLY REST SBBJ 1 & (0.75 below (0.75 below SBBJ 3 to (0.50 below (0.50 below SBBJ 6 & ( ( SBBJ 8 & (0.75 above (0.75 above SBBJ 10 to (1.50 above (1.50 above (II) Term Loans repayable in three years and above. NEW CREDIT RATING MONTHLY REST SBBJ 1 & (0.25 below (0.25 below SBBJ 3 to ( ( SBBJ 6 & (0.75 above (0.75 above SBBJ 8 & (1.25 above (1.25 above SBBJ 10 to (2.00 above (2.00 above

10 (D) OTHERS: SME SARAL LOAN SCHEME: The rate of interest in loans/ overdraft liked to BPLR of existing borrowers under SME SARAL LOAN Scheme: SIZE OF LIMIT (For All Limits) MONTHLY REST (Interest Rates in percent per annum) SME SARAL LOAN (0.75 below (0.75 below *********