Revised Interest Rate Structure under Refinance
Scheme of SIDBI for Scheduled Commercial Banks (other than
RRBs and Co-operative Banks) effective from November 1, 2004
|
| A. Refinance against term loans in respect of
projects / activities eligible for assistance under the Scheme
(including ISO 9000 Scheme)* |
Interest on term loans for fixed assets and
working capital advances (% p.a.) |
SIDBI rate of interest on refinance (% p.a.) |
| [I] |
Upto Rs. 50,000/- |
With a maximum spread of 3% over and above applicable
refinance rate |
Category 'A' |
Category 'B' |
Category 'C' |
| [II] |
Above Rs. 50,000/- and upto Rs.2 lakh |
6.25 |
6.25 |
6.25 |
| 6.50 |
6.50 |
6.50 |
| [iii] |
Above Rs.2 lakh |
| |
(a) for period above one year and upto five years |
As may be decided by the PLI |
6.50 |
6.80 |
7.00 |
| |
(b) for period above five years |
6.75 |
7.05 |
7.25 |
* Interest on term loans for fixed assets and
working capital advances in respect of projects / activities
eligible for assistance under ISO 9000 Scheme, shall not exceed
SIDBI PLR i.e. 11.50% p.a.
|
