| Product |
Interest rate as per Base rate (BR+Spread+TP)
w.e.f 01.08.2011 |
| 1. IB DOCTOR PLUS |
| Doctor Plus (WC) |
BR+1.75+0.5 |
| Doctor Plus - Term Loan (Equipment) |
BR+1.75+0.5 |
| Doctor Plus - Term Loan (Building) |
BR+2.75+0.5 |
| 2. IB MY OWN SHOP |
| < 36 months |
BR+4.25+0.5 |
| 36 months and above |
BR+4.75+0.5 |
| 3. IB VIDYA MANDIR |
| Term Loan – up to Rs.20 lakhs |
BR+3.75+0.5 |
| Term Loan Beyond Rs.20 lakhs to Rs.100 lakhs |
BR+4.25+0.5 |
>
>
| 4. IND VAHANA |
| In case collateral is more than 50% of loan amount |
BR+3.25+0.5 |
Where no collateral other than third
party guarantee is available |
BR+3.75+0.5 |
| 5. IB PROFESSIONAL SPECIAL |
| Professional Special |
BR+3.75+0.5 |
| 6. IB ANNAPOORNA & AROGYA (AA) |
| AA (WC) |
BR+3.25+0.5 |
| AA (TL) |
BR+3.75+0.5 |
| 7. IB STAR RICE MILL |
| Rating : AA and Above (WC) |
BR+0.25+0.5 |
| Rating : AA and Above (TL)* |
BR+0.75+0.5 |
| Rating : A & BBB (WC) |
BR+0.5+0.5 |
| Rating : A & BBB (TL)* |
BR+1.00+0.5 |
| Rating : Below BBB & upto B (WC) |
BR+2.00+0.5 |
| Rating : Below BBB & upto B (TL) |
BR+2.50+0.5 |
| Rating : Less than “B” (WC) |
BR+3.00+0.5 |
| Rating : Less than “B” (TL)* |
BR+3.50+0.5 |
| * 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 13. 06. 2011) |
| 8. IND SME SECURE (as per modification w.e.f 10.01.2011) |
| Security
Cover : 150% of limit |
| RAM
Rating (Obligor) |
Working Capital |
Term Loans |
| AA
and Above |
BR+1.50+0.5 |
BR+2.00+0.5 |
| A |
BR+1.75+0.5 |
BR+2.25+0.5 |
| BBB |
BR+2.00+0.5 |
BR+2.50+0.5 |
| Below
BBB |
BR+2.50+0.5 |
BR+3.00+0.5 |
| Security
Cover : 125% of limit |
| RAM
Rating (Obligor) |
Working Capital |
Term Loans |
| AA
and Above |
BR+1.75+0.5 |
BR+2.25+0.5 |
| A |
BR+2.00+0.5 |
BR+2.50+0.5 |
| BBB |
BR+2.25+0.5 |
BR+2.75+0.5 |
| Below
BBB |
BR+2.75+0.5 |
BR+3.25+0.5 |
| Security
Cover : 100% of limit |
| RAM
Rating (Obligor) |
Working Capital |
Term Loans |
| AA
and Above |
BR+2.00+0.5 |
BR+2.50+0.5 |
| A |
BR+2.25+0.5 |
BR+2.75+0.5 |
| BBB |
BR+2.50+0.5 |
BR+3.00+0.5 |
| Below
BBB |
BR+3.00+0.5 |
BR+3.50
+0.5 |
| Security
Cover : 75% of limit |
| RAM
Rating (Obligor) |
Working Capital |
Term Loans |
| AA
and Above |
BR+3.50+0.5 |
BR+4.00+0.5 |
| A |
BR+3.75+0.5 |
BR+4.25+0.5 |
| BBB |
BR+4.00+0.5 |
BR+4.50+0.5 |
| Below
BBB |
BR+4.50+0.5 |
BR+5.00+0.5 |
|
For accounts below BBB and above B,
0.50% additional interest over and above
rates mentioned as above. |
| 9. IB Caterer |
| Working capital |
BR+3.75+0.5 |
| Term loan |
BR+4.25+0.5 |
| 10.
IB BEML EQUIP-FINANCE |
| Upto Rs 50 lakhs |
BR+2.00+0.5 |
| Above Rs 50 lakhs to Rs 300 lakhs |
BR+2.50+0.5 |
| 11.
IB ALL-CV-Auto Star |
1).Rate
of interest if the loan repayment period is
less than 36 months:
(Tenor premium – 0.50%) |
| Up
to Rs.25 lakh: |
Base
Rate+1.25+0.50% p.a |
| Above
Rs.25 lakh and up to Rs.50 lakh: |
Base
Rate+1.50+0.50% p.a |
| Above
Rs.50 lakh and up to Rs.100lakh: |
Base
Rate+2.00+0.50% p.a |
2).Rate
of interest if the loan repayment period
is 36 months and above :
(Tenor premium – 0.50%) |
| Up
to Rs.25 lakh: |
Base
Rate+1.50+0.50% p.a |
| Above
Rs.25 lakh and up to Rs.50 lakh: |
Base
Rate+1.75+0.50% p.a |
| Above
Rs.50 lakh and up to Rs.100lakh: |
Base
Rate+2.25+0.50% p.a |
| 12.
IB Contractors |
| Working
Capital |
BR
+ 3.50 + 0.5 |
| Term
Loan |
BR+
4.00+0.5 |
| SME
-SLPs Discontinued (ROI For Existing Accounts) |
| 1.
IB HOSTEL PLUS |
| Working Capital |
BR+4.25+0.5 |
| Term Loan |
BR+4.75+0.5 |
| 2. IB BPO Finance |
| Working Capital / Term Loan Below 36 months |
BR+3.25+0.5 |
Working Capital / Term Loan
Below 36 months (for new entrants) |
BR+3.25+0.5 |
| Term loan- 36 months & above |
BR+3.75+0.5 |
| 3. IB AYUSHMAN |
| Premium (WC) |
BR+3.25+0.5 |
| Premium (TL) |
BR+5.25+0.5 |
| Economy(WC) |
BR+3.25+0.5 |
| Economy(TL) |
BR+4.25+0.5 |
| Home |
BR+5.25+0.5 |
| 4. IB Travel Tours |
| Working capital |
BR+3.75+0.5 |
| Term loan |
BR+4.25+0.5 |
