| 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. | 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. | ||||
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- | |||
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. | |||
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% |