Interest Rates-Commercial Loans

    
|


 Annexure-B        

Commercial Loans

Revised Rate of Interest w.e.f. 01.01.2023

           

SR NO

Description

Revised ROI

1

Business Loans includes Flexi Term loan, Flexi Overdraft Limit, secured CC Limit, CC-Project (other than Builders) Term Loan, Term Loan for Working capital, Term loan for Purchase Commercial Vehicle(including Auto Rickshaw, Plant & Machinery, irrigation equipment and Term loan for Project loan(Other than Builders), Mortgage loan for purchase of Industrial unit shop/Gala, Emergency Credit line Loans.
(DNS Cares Term Loans / DNS MSME & Others)

 1. Upto Rs.10.00 Lakhs

10.10%

 2. above Rs.10.00 Lakhs upto Rs.50.00 Lakhs

10.10%

3. above Rs.50.00 Lakhs – Base Rate is 8.85% p.a. and interest will be applicable as per Credit Rating exercise. (8.85% p.a. to 12.35% p.a.)

Base Rate 8.85% p.a.
(8.85% to 12.35%)

 Credit Rating based ROI :-

 Grade Secured

Marks Secured

Slab of ROI

“AAA”

90% & Above

Base Rate 8.85%

“AA”

85% & Above

Base Rate + 0.50%

“A”

80% & Above

Base Rate + 1.00%

“BBB”

75% & Above

Base Rate + 1.50%

“BB”

70% & Above

Base Rate + 2.00%

“B”

65% & Above

Base Rate + 2.50%

“C”

60% & Above

Base Rate + 3.00%

“D”

Below 60%

Base Rate + 3.50%

2

Minus 2

 

1) Minus 2.00 % of present ROI applied by existing bank-
2) or otherwise applicable rate whichever is lower-
3) However, minimum Rate of Interest will not be less than 8.85% p.a.

3

Mudra Loan Cash Credit limit Maximum Rs. 1.00 Lakhs & Maximum Term loan Rs. 10.00 Lakhs including CC

 

11.30%

4

Clean Cash credit (Samruddhi Vyapar yojana)

 

13.30 % p.a. if Single Premium Group Insurance Policy is obtained. And 12.80 % p.a. if the Single Premium Group Insurance Policy is not obtained.

5

CC limit to Farmer (upto limit Rs.0.50 Lakhs)

 Upto Rs. 25,000/-

9.30%

 Above Rs. 25,000/- to Rs. 50,000/-

10.30%

6

Lons & Advances to Builders

 

Minimum 13.85% p.a.
to Maximum 18.35%p.a.
(negotiated)

7

DNS Express Loan Scheme

 Up to Rs.50.00lakh

10.85%

8

DNS Cares Overdraft

 Up to Rs.50.00lakh

10.85%

9

Loan Scheme for Chartered Accountants & Medical Practitioners.

 Clean Cash Credit or Term Loan

13.30 (Clean Loan)

 Secured Term Loan or overdraft for C.A./s & Medical Practitioners practicing for 5 or more years

10.85%

 Secured Term Loan or overdraft for C.A./s & Medical Practitioners practicing for less than 5 years including the C.A./s & Medical Practitioners who are starting practice for the 1st time

11.30%

10

Loan to professional other than CA and Medical Practitioners

 Clean loan

11.30%

 With security

10.35%

11

Emergency Credit Line

 

10.60%

12

Medicle Practitioner, Medicle Equipment, Drug manufacturers for COVID 19 Pandemic

 If CIBIL Score above 700

8.30%

 If CIBIL Score below 700

9.30%

13

Loan Scheme for Hanje Hydrotech

 

11.30%

14

Loan for Purchase of Simulator Machine

 

10.10%

15

Nathani Supariwala Reality Project Dadar

 Margin 25% & above with CIBIL score above 700

8.75%

 Margin 25% & above with CIBIL score below 700

8.95%

 Margin deviation below 25% to 10% with CIBIL score above 700

9.25%

 Margin deviation below 25% to 10% with CIBIL score below 700

9.45%

16

GECL Loans

 

9.25% Or applicable Whichever is less

17

Lease Rent Discounting (LRD)

 

Negotiated rates

18

Cash Credit against Pledge of Commodity

 

Negotiated rates

19

GST Insta Cash Credit Scheme

 

9.85%