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  home > Lending rates > Interest rate on MSME

A. NON SLP Advances

MICRO ENTERPRISES
Limit Sanctioned Credit Rating Rate of interest
w.e.f 01.05.2012
1. Upto Rs 2 lakhs NA BPLR- 2.50 %
2. Above Rs 2 lakh up to Rs 25 lakhs NA BPLR - 1.50 % to BPLR +0.50 %
3. Above Rs 25 lakhs
and up to Rs 10 crores
For accounts rated under Large Corporate Model (LCM)
AA+ & above BPLR - 1.50 %
AA BPLR - 1.00 %
A BPLR -0.5
BBB BPLR
Below BBB BPLR + 0.50 %
For account rated under Other Models - (SME Manufacturing / Services / Contractors)
AA and above BPLR - 1.50 %
A BPLR -0.50%
BBB BPLR
Below BBB BPLR + 0.50 %
4. Above Rs 10 Crores For accounts rated under Large Corporate Model (LCM)
AA+ & above BPLR -0.50%
AA BPLR %
A BPLR + 0.50 %
BBB and below BPLR + 0.75 %
For account rated under Other Models (Manufacturing / Services / Contractors)
AA and above BPLR - 0.50 %
A BPLR + 0.50 %
BBB and below BPLR + 0.75 %
SMALL ENTERPRISES
1. Upto Rs 2 lakhs NA BPLR- 1.75%
2. Above Rs 2 lakh
up to Rs 25 lakhs
NA BPLR -0.75 % to BPLR + 1.00 %
3. Above Rs 25 lakhs
and up to Rs 10 crores
For accounts rated under Large Corporate Model (LCM)
AA+ & above BPLR - 0.75 %
AA BPLR- 0.25 %
A BPLR + 0.25 %
BBB BPLR + 0.75 %
Below BBB BPLR + 1.00 %
For account rated under Other Models (Manufacturing /Services/Contractors)
AA and above BPLR - 0.75 %
A BPLR + 0.25 %
BBB BPLR + 0.75 %
Below BBB BPLR + 1.00 %
4. Above Rs 10 crores For accounts rated under Large Corporate Model (LCM)
AA+ & above BPLR - 0.25 %
AA BPLR + 0.25 %
A BPLR + 0.75 %
BBB below BPLR + 1.00 %
   
For account rated under Other Models (Manufacturing / Services / Contractors)
AA & above BPLR- 0.25 %
A BPLR + 0.75 %
BBB & below BPLR + 1.00 %
   
MEDIUM ENTERPRISES
1. Above Rs 25 lakhs and up to Rs 10 crores For accounts rated under Large Corporate Model (LCM)
AA+ & above BPLR - 0.25 %
AA BPLR + 0.75 %
A BPLR + 1.75 %
BBB BPLR + 2.75%
Below BBB BPLR + 3.50 %
For account rated under Other Models (Manufacturing /Services/ Contractors)
AA & above BPLR - 0.25 %
A BPLR + 1.25 %
BBB BPLR + 2.75 %
Below BBB BPLR + 3.50 %
2. Above Rs.10 crores For accounts rated under Large Corporate Model (LCM)
AA+ & above BPLR + 0.25 %
AA BPLR + 1.25 %
A BPLR + 2.25 %
BBB BPLR + 3.25%
Below BBB BPLR + 3.50 %
For account rated under Other Models (Manufacturing /Services/ Contractors)
AA & above BPLR + 0.25 %
A BPLR + 1.75 %
BBB BPLR + 3.25 %
Below BBB BPLR + 3.50 %


B. SLP ADVANCES

Product Revised rate of interest w.e.f 01.05.2012
1. IB DOCTOR PLUS
  Small & Medium Enterprises Micro Enterprises
Doctor Plus (WC) BPLR – 2.25% BPLR – 2.50%
Doctor Plus - Term Loan (Equipment) BPLR+TP-2.75% BPLR+TP-3.00%
Doctor Plus - Term Loan (Building) BPLR+TP-1.75% BPLR+TP-2.00%
2. IB MY OWN SHOP
< 36 months BPLR+0.25% BPLR
36 months and above BPLR+TP+0.25% BPLR+TP
3. IB VIDYA MANDIR
Term Loan – up to Rs.20 lakhs BPLR+TP - 0.75% BPLR+TP - 1.00%
Term Loan Beyond Rs.20 lakhs to Rs.100 lakhs BPLR+TP- 0.25% BPLR+TP -0.50 %
4. IND VAHANA
In case collateral is more than 50% of loan amount BPLR+TP- 1.25 % BPLR+TP- 1.50%
Where no collateral other than third
party guarantee is available
BPLR+TP - 0.75% BPLR+TP - 1.00 %
5. IB PROFESSIONAL SPECIAL
Professional Special BPLR+TP - 0.75% BPLR+TP - 1.00 %
6. IB ANNAPOORNA & AROGYA (AA)
AA (WC) BPLR – 0.75% BPLR – 1.00 %
AA (TL) BPLR+TP- 0.75% BPLR+TP- 1.00 %
7. IB STAR RICE MILL
Rating : AAA and AA + (WC) BPLR – 3.25 BPLR – 3.50
Rating : AAA and AA + (TL)* BPLR + TP – 3.25 BPLR + TP – 3.50
Rating : AA and A (WC) BPLR – 3.00 BPLR – 3.25
Rating : AA and A (TL)* BPLR + TP – 3.00 BPLR + TP – 3.25
Rating : Below “A” & up to “B” (WC) BPLR – 2.00 BPLR – 2.25
Rating : Below “A” & up to “B” (TL)* BPLR +TP – 2.00 BPLR +TP – 2.25
Rating : Less than “B” (WC) BPLR-1.00 BPLR-1.25
Rating : Less than “B” (TL)* BPLR + TP-1.00 BPLR + TP-1.25
* The Tenor premium of 0.5% shall be added uniformly for all term loans irrespective of the repayment period stipulated (as a special case) under this scheme. (Ref: as per Modification In IBStar Rice Mill dated 11.02.2010)
8. IND SME SECURE
150% of limits (WC) ** BPLR-1.75% BPLR-2.00 %
125% of limits (WC) ** BPLR-1.50 % BPLR-1.75%
100% of limits (WC) ** BPLR-1.25% BPLR-1.50%
75% of limits (WC) ** BPLR+0.25% BPLR
150% of limits (TL) ** BPLR+TP-1.75% BPLR+TP-2.00%
125% of limits (TL) ** BPLR+TP-1.50% BPLR+TP-1.75%
100% of limits (TL) ** BPLR+TP-1.25 % BPLR+TP-1.50%
75% of limits (TL) ** BPLR+TP+0.25% BPLR+TP
** mentioned rates are for accounts rated A and above. For accounts below A and above B, 0.5% to be charged additionally
9. IB Caterer
Working capital BPLR- 0.25% BPLR-0.50 %
Term loan BPLR+TP-0.25% BPLR+TP-0.50 %
10. IB BEML EQUIP-FINANCE
Upto Rs 50 lakhs BPLR+TP- 2.50% BPLR+TP- 2.75%
Above Rs 50 lakhs to Rs 300 lakhs BPLR+TP-2.00% BPLR+TP-2.25%
SME SLPs Discontinued w.e.f 19/11/2010 (ROI For Existing Accounts)
1. IB AYUSHMAN
Premium (WC) BPLR - 0.75% BPLR - 1.00%
Premium (TL) BPLR+TP+0.75% BPLR+TP+0.50%
Economy(WC) BPLR - 0.75% BPLR - 1.00%
Economy(TL) BPLR+TP- 0.25% BPLR+TP-0.50%
Home BPLR+TP+0.75% BPLR+TP+0.50%
2. IB HOSTEL PLUS
Working Capital BPLR +0. 25% BPLR
Term Loan BPLR+TP +0.25% BPLR+TP
3. IB BPO Finance
Working Capital / Term Loan Below 36 months BPLR - 0.75% BPLR -1.00%
Working Capital / Term Loan
Below 36 months (for new entrants)
BPLR - 0.75% BPLR - 1.00%
Term loan- 36 months & above BPLR+TP - 0.75% BPLR+TP - 1.00%
4. IB Travel Tours
Working capital BPLR- 0.25% BPLR -0.50
Term loan BPLR+TP-0.25% BPLR+TP-0.50 %
Medium Enterprises BPLR+TP+1.75%  

 

 
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