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Interest Rates


Prime Lending Rates (% p.a.)

Prime Landing Rate (PLR) 11.50%
Short Term PLR 10.00%


[I] Project related financing
  1. Rupee Finance
  a) All schemes [*] other than special schemes viz. ISO 9000, Infra and Large Value projects PLR +/- 2%
  b) ISO 9000 Schemes PLR (Presently 11.50%) for all periods
  c) Project related Financing under Infrastructure Schemes [viz. IID and Infrastructure Development Scheme) and others including service sector projects.
11.5% - 14.5%
  2. Assistance in Foreign Currency
  a) Foreign Currency Term Loan Market related rates upto 3.50% to 4.00% over 6 month LIBOR for USD & Euro.
[*] All schemes viz. Project Finance, Equipment Finance, Short Term Loan to SSI units, Vendor Development, Working Capital Term Loan, TUFS and Tannery Modernisation, CLCSS, Marketing and General Direct Credit Scheme consequent upon its implementation (except ISO 9000, TDMF, Infra and Large Value Projects)




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