Interest Rate Structure - Direct Lending Products and Resource Support effective from July 20, 2015 PLR : 12.25 % 1 All loans/ advances to Micro enterprises [including Missing Middle under SFMC] - Exposures upto ` 2 lakhs Floating Rate PLR - 0.75 11.50 2 All loans/ advances to Micro and Small Enterprises [including Missing Middle under SFMC] - Exposures above ` 2 lakh and upto ` 10 lakhs Less than or equal to 3 More than 3 Floating Rate Floating Rate PLR 12.25 PLR - 0.50 to PLR +0.25 11.75 to12.50 3 Term Loans to MSMEs including WCTL, Service Sector projects / Scheme of Infrastructure Development [other than Table 1 & 2 above i.e. Exposures above ` 10 lakhs] Less than or equal to 5 More than 5 and upto 8 More than 8 and upto 10 More than 10 Floating Rate Floating Rate Floating Rate Floating Rate PLR - 0.25 to PLR + 2.25 12.00 to 14.50 PLR to PLR + 2.50 12.25 to 14.75 PLR + 0.25 to PLR + 2.75 12.50 to 15.00 Page 1 of 5
4 Scheme of Secured Business Loan to MSMEs Less than or equal to 8 PLR - 0.75 i.e. 11.50 More than 8 and upto 10 PLR - 0.50 i.e. 11.75 More than 10 PLR - 0.25 i.e. 12.00 5 Scheme for loans for Energy Efficiency & Cleaner production under lines contracted from JICA Less than or equal to 5 More than 5 and upto 8 More than 8 and upto 10 More than 10 Floating Rate Floating Rate Floating Rate Floating Rate Upto 75 bps lower than the corresponding interest rate applicable to MSME borrowers at Table 3 above 6 CRE projects (such as Office buildings, retail space, multi purpose commercial premises, multi-tenanted commercial/residential premises, shopping malls, etc.) More than 5 and upto 8 More than 8 and upto Less than or equal to 5 10 More than 10 Floating Rate Floating Rate Floating Rate Floating Rate PLR + 0.25 to PLR +2.75 12.50 to 15.00 PLR + 0.75 to PLR +3.25 13.00 to 15.50 PLR + 1.00 to PLR + 3.50 13.25 to 15.75 PLR +1.25 to PLR +3.75 13.50 to 16.00 7 Foreign Currency Term Loan (FCTL) Less than or equal to 5 FCTL in FCTL in USD EURO More than 5 and upto 8 FCTL in USD FCTL in EURO USD LIBOR + 300 bps to USD LIBOR + 450 bps 300 bps to 450 bps USD LIBOR + 350 bps to USD LIBOR + 500 350 bps to 500 bps Page 2 of 5
8 Working Capital Limit Floating Rate PLR - 1.00 to PLR + 1.50 9 Growth Capital and Equity Assistance Scheme for MSMEs (GEMs) upto 7 PLR + 2.00 i.e. 14.25 to PLR + 3.00 i.e. 15.25 10 Start-up Assistance scheme The expected rate of return (by way of interest, dividends, capital appreciation etc) shall be PLR+1.75% p.a. (% p.a.). 11 SFMC Less than or equal to 12 More than 12 and upto 36 More than 36 and upto 48 Floating Rate Floating Rate Floating Rate PLR +1.25 13.50 PLR - 0.25 to 12.00 to PLR + 0.50 to PLR +2.00 12.75 to 14.25 Page 3 of 5
12 Resource support (all) / assistance to NBFCs - AFCs/LCs Less than or equal to 12 More than 12 and More than 66 and upto 66 upto 90 Floating Rate Floating Rate Floating Rate PLR - 1.75 to PLR +0.75 10.50 to 13.00 PLR - 1.60 to PLR +0.90 10.65 to 13.15 PLR -1.45 to PLR +1.05 10.80 to 13.30 13 Resource support (all) / assistance to Smaller NBFCs - AFCs/LCs Less than or equal to 12 More than 12 and More than 66 and upto 66 upto 90 Floating Rate Floating Rate Floating Rate PLR - 1.00 to 11.25 to PLR - 0.85 to PLR +1.90 11.40 to 14.15 PLR -0.70 to PLR +2.05 11.55 to 14.30 14 14.1 MSME Receivable Finance Schemes MSME RFS and Invoice Discounting Schemes Purchaser-wise limits (Discount Rates) and Trade Finance / Raw Material Assistance Scheme@ [interest rates] Usance Period from 46 days upto 90 days from 91 days upto 180 days from 181 days upto 360 days 9.50 to 13.00 9.75 to 13.25 10.00 to 13.50 @ In respect of Trade Finance / Raw Material Assistance Scheme, applicable interest rate would be corresponding effective rate of interest applicable for the agreed usance period, against the above discount rate bands under Receivable Finance Scheme [RFS]. 14.2 MSME Receivable Finance and Invoice Discounting Schemesoperated as Seller-wise arrangement and Seller-wise Recceivable Finance Scheme [SRFS] [Discount Rates] Usance Period from 46 days upto 90 days from 91 days upto 180 days from 181 days upto 360 days 10.00 to 13.00 10.25 to 13.25 10.50 to 13.50 Page 4 of 5
14.3 MSME RFS Assistance with co-acceptance of scheduled commercial banks / Inland LC (irrespective of usance period) & Purchaser-wise / Seller-wise MSME RFS Assistance backed by Bank Guarantee (irrespective of usance period) Rate PLR - 2.50 presently 9.75 14.4 Direct Discounting Scheme (Equipment) With coacceptance of scheduled commercial banks Against alternate security/other s PLR -2.00 presently 10.25 12.25 to 14.50 Page 5 of 5