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List of Clusters to be taken as Innovative Clusters under MSME & other Schemes

Information regarding credit facilities in the Clusters

Interest Rates to Micro, Small & Medium Enterprises Sector

Our Bank is presently charging Rates of interest to various sectors of MSME as mentioned below:

Present Base Rate is 10.00%

RATES OF INTEREST TO MANUFACTURING SECTOR UNDER MSME
MICRO ENTERPRISES -MANUFACTURING
S.NO.	CATEGORY	Base Rate	+ Spread	+TP	Present Interest Rate
1	Advances up to inclusive of Rs. 2.00 lac working capital & Term Loans without linkage to credit rating
	i) Upto 3 years	Base Rate	1.50	0.00	11.50
	ii) Above 3 years	Base Rate	1.50	0.25	11.75
2	Advances above Rs. 2.00 lac and upto 10.00 lac working capital & Term Loans without linkage to credit rating)
	i) Upto 3 years	Base Rate	2.00	0.00	12.00
	ii) Above 3 years	Base Rate	2.00	0.25	12.25
3	Working capital & Term Loans above Rs. 10.00 lac up to 3 years (Based on Credit Rating)
	A+++	Base Rate	2.00	0.00	12.00
	A++	Base Rate	2.50	0.00	12.50
	A+	Base Rate	2.50	0.00	12.50
	A	Base Rate	3.00	0.00	13.00
	B	Base Rate	3.50	0.00	13.50
	C	Base Rate	4.00		14.00
4	AB Power Tools (Shakti) Scheme (Interest rate not linked to Credit Rating)
	i) Upto & Inclusive of Rs. 50,000
	Working Capital	Base Rate	1.00	0.00	11.00
	Term Loan	Base Rate	2.00	0.25	12.25
	ii) Above Rs. 50,000 and up to & inclusive Rs.1.00 lac
	Working Capital	Base Rate	1.50	0.00	11.50
	Term Loan	Base Rate	2.50	0.25	12.75
5	Laghu Udyami Credit Cards(LUCC)	Base Rate	4.00	0.00	14.00
6	Micro Enterprises –Rice Mills –Adv. Upto Rs. 2.00 lac –Not linked to Credit Rating
	i) Less than 1 year	Base Rate	2.25	0.00	12.25
	ii) 1 year & above	Base Rate	2.75	0.00	12.75
	iii) Above 3 years	Base Rate	2.50	0.25	12.75
7	Micro Enterprises –Rice Mills Above Rs. 2.00 lac and upto Rs. 10.00 lac (Interest rate not linked to Credit Rating)
	i) Working Capital & Term Loans upto 3 years	Base Rate	4.50	0.00	14.50
	ii) Term Loans above 3 years	Base Rate	4.50	0.25	14.75
8	MICRO ENTERPRISES – Rice Mill Accounts – Working Capital Limits & Term Loans based on Credit Rating (CRS) above Rs. 10.00 lac (Applicable to Stand Alone term loans and also rice mills financed under CIF – Including Exclusively Leased Rice Mills) – Add Term Premia 0.25% for Term Loans exceeding 3 years.
	i) Where Collateral Security of 50% and above available for working capital limits and term loans up to 3 years.
	A+++	Base Rate	2.00	0.00	12.00
	A++	Base Rate	2.00	0.00	12.00
	A+	Base Rate	2.25	0.00	12.25
	A	Base Rate	3.00	0.00	13.00
	B	Base Rate	3.50	0.00	13.50
	C	Base Rate	4.00	0.00	14.00
	ii) Where Collateral Security coverage is less than 50 % available for working capital limits and term loans upto 3 years
	A+++	Base Rate	3.00	0.00	13.00
	A++	Base Rate	3.00	0.00	13.00
	A+	Base Rate	3.00	0.00	13.00
	A	Base Rate	3.50	0.00	13.50
	B	Base Rate	4.00	0.00	14.00
	C	Base Rate	4.50	0.00	14.50
9	MICRO ENTERPRISES – Rice Mill A/cs – Working Capital Limits of above Rs. 10.00 lac to Traders (who are engaged in rice milling industry on job work basis) where collateral security of 150% is available)
	A+++	Base Rate	3.75	0.00	13.75
	A++	Base Rate	3.75	0.00	13.75
	A+	Base Rate	4.25	0.00	14.25
	A	Base Rate	4.25	0.00	14.25
	B	Base Rate	4.75	0.00	14.75
	C	Base Rate	5.50	0.00	15.50
10	A. Rice Mill A/c – (Special Concessional Rates) Limits upto Rs. 5.00 crore and above 50% Collateral Coverage- Credit Rating under CRS.
	A+++	Base Rate	2.00	0.00	12.00
	A++	Base Rate	2.00	0.00	12.00
	A+	Base Rate	2.25	0.00	12.25
	A	Base Rate	3.00	0.00	13.00
	B. Rice Mill A/c – (Special Concessional Rates) Limits above Rs. 5.00 crore and above 50% Collateral Coverage – Credit Rating under CRRM.
	B++ & above	Base Rate	2.00	0.00	12.00
	B+	Base Rate	3.00	0.00	13.00
	Note: Term Premia of 0.25% is payable for Term Loans payable beyond 3 years. The Special Concessional Rate is not applicable for B & C rated borrowers under CRS / CRRM rating.

Term Premia of 0.25% is applicable for Term loans of above 36 months

SMALL & MEDIUM ENTERPRISES-MANUFACTURING(OTHER THAN RICE MILLS)
	CATEGORY	Base Rate	+ Spread	+TP	Present Interest Rate
	A. SME-Advances upto Rs. 2.00 lac W/C & Term Loan without linkage to Credit Rating
	i) Working Capital & TL Repayable within 3 years	Base Rate	2.00	0.00	12.00
	ii) Term Loan exceeding 3 years	Base Rate	2.00	0.25	12.25
	B. SME-Advances above Rs. 2.00 lac and upto Rs. 10.00 lac without linkage to Credit Rating
	i)W/C & Term Loan not exceeding 3 years -	Base Rate	2.50	0.00	12.50
	ii) Term Loan exceeding 3 years	Base Rate	2.50	0.25	12.75
	C) SME-Working capital and Term Loans above Rs. 10.00 lac based on applicable rating
	i) Working Capital & Term loan upto 3 years
	A+++	Base Rate	2.50	0.00	12.50
	A++	Base Rate	3.00	0.00	13.00
	A+	Base Rate	3.00	0.00	13.00
	A	Base Rate	3.50	0.00	13.50
	B	Base Rate	4.00	0.00	14.00
	C	Base Rate	4.50	0.00	14.50
	D) SME-Working capital and Term Loans above Rs. 5.00 crore and upto 36 months based on applicable CRRM ratingi) Upto & Inclusive of Rs. 50,000
	A++	Base Rate	3.00	0.00	13.00
	A+	Base Rate	3.50	0.00	13.50
	A	Base Rate	3.50	0.00	13.50
	B++	Base Rate	4.00	0.00	14.00
	B+	Base Rate	4.50	0.00	14.50
	B	Base Rate	5.00	0.00	15.00
	C	Base Rate	5.00	0.00	15.00
	ii) Collateral security below 50 %
	A++	Base Rate	4.00	0.00	14.00
	A+	Base Rate	4.00	0.00	14.00
	A	Base Rate	4.00	0.00	14.00
	B++	Base Rate	4.50	0.00	14.50
	B+	Base Rate	5.00	0.00	15.00
	B	Base Rate	5.50	0.00	15.50
	C	Base Rate	5.50	0.00	15.50
	E) Working capital limits of above Rs. 10 lac to traders (who are engaged in rice milling industry on job work basis) where collateral security of 150% is available.
	A+++	Base Rate	4.25	0.00	14.25
	A++	Base Rate	4.25	0.00	14.25
	A+	Base Rate	4.75	0.00	14.75
	A	Base Rate	4.75	0.00	14.75
	B	Base Rate	5.25	0.00	15.25
	C	Base Rate	6.00	0.00	16.00

Term Premia of 0.25% is applicable for Term loans of above 36 months

RATE OF INTEREST TO SERVICE ENTERPRISES UNDER MSME
ROAD TRANSPORT OPERATORS
	CATEGORY	Base Rate	+ Spread	+TP	Present Interest Rate
1	Micro Services-*Transport Operators (Interest Rate not linked to Credit Rating)
	Upto Rs.2.00 lac	Base Rate	2.25	0.00	12.25
	i) Less than 1 year	Base Rate	2.75	0.00	12.75
	ii) 1 year & upto 3 years	Base Rate	2.50	0.25	12.75
	iii) Above 3 years
	Above Rs. 2.00 lac	Base Rate	4.00	0.00	14.00
	i) upto 3 years	Base Rate	4.00	0.25	14.25
	ii) Above 3 years	Base Rate	2.00	0.25	12.25
2	SME - *Transport operators-Interest. Rates not linked to Credit Rating
	* RTO - Small Enterprises - Upto Rs. 2.00 lac
	Less than 1 year	Base Rate	2.75	0.00	12.75
	1 year & upto 3 years	Base Rate	3.25	0.00	13.25
	Above 3 years	Base Rate	3.00	0.25	13.25
	*RTO-Small Enterprises above Rs.2.00 lac- a) Upto 3 years	Base Rate	4.00	0.00	14.00
	b) Above 3 years	Base Rate	4.00	0.25	14.25
3	*RTO - MEDIUM ENTERPRISES - upto Rs. 2.00 lac
	Less than 1 year	Base Rate	2.75	0.00	12.75
	1 year & upto 3 years	Base Rate	3.25	0.00	13.25
	Above 3 years	Base Rate	3.00	0.25	13.25
	*RTO - MEDIUM ENTERPRISES - Above Rs. 2.00 lac
	Upto 3 years	Base Rate	5.50	0.00	15.50
	Above 3 years	Base Rate	5.50	0.25	15.75

OTHER SERVICE ENTERPRISES UNDER MSME SECTOR
	CATEGORY	Base Rate	+ Spread	+TP	Present Interest Rate
1	Retail Trade, Business Enterprises, Professional & Self Employed (Without linkage to Credit Rating)
	A) Advances upto Rs. 2.00 lac
	i) Less than 1 year	Base Rate	3.25	0.00	13.25
	ii) 1 year & upto 3 years	Base Rate	3.75	0.00	13.75
	iii) Above 3 years	Base Rate	3.50	0.25	13.75
	B) Advances above Rs. 2.00 lac
	i) Loans upto 3 years	Base Rate	6.50	0.00	16.50
	ii) Term Loans above 3 years	Base Rate	6.50	0.25	16.75
2	Loans to Hotels, Tourism related activity, electro medical equipment, hospitals, Nursing Homes and Mobile Van (Sanctioned under priority sector as per guidelines)
	A. Upto Rs. 2.00 lac
	i) Less than one year	Base Rate	3.25	0.00	13.25
	ii) 1 year & above	Base Rate	3.75	0.00	13.75
	iii) Above 3 years	Base Rate	3.50	0.25	13.75
	B. Above Rs. 2.00 lac- i) upto 3 years	Base Rate	6.75	0.00	16.75
	ii) Above 3 years	Base Rate	6.75	0.25	17.00
3	Advances to Hotels for equipment and Nursing Homes under non priority category i.e., Medium Enterprises
	i) For less than 3 years	Base Rate	7.50	0.00	17.50
	ii) 3 years and above	Base Rate	7.50	0.25	17.75
4	Liberalised Trade Finance including Loans against merchandise and Bill Finance. (Maximum Rs. 1.00 crore)
	Upto Rs. 50 lac	Base Rate	4.00	0.00	14.00
	Above Rs. 50 lac and up to Rs. 1.00 Crore	Base Rate	5.00	0.00	15.00
	Working Capital Term Loan (WCTL) upto 3 years (Maximum 10.00 lac)	Base Rate	4.00	0.00	14.00
	Working Capital Term Loan (WCTL) above 3 years and up to 5 years. (maximum 10.00 lac)	Base Rate	4.00	0.25	14.25
5	AB Doctor+ Priority Sector	Base Rate	4.75	0.25	15.00

RATE OF INTEREST TO OTHER SERVICE ENTERPRISES NOT MENTIONED ABOVE
S.NO.	CATEGORY	Base Rate	+ Spread	+TP	Present Interest Rate
1	Upto Rs.2.00 lac
	i) less than one year	Base Rate	3.25	0.00	13.25
	ii) 1 year and above	Base Rate	3.75	0.00	13.75
	iii) Above 3 years	Base Rate	3.50	0.25	13.75
2	Advances above Rs.2.00 lac and upto and inclusive of Rs.10.00 lac
	i) 1 year and above and up to 3 years	Base Rate	7.50	0.00	17.50
	ii) Above 3 years	Base Rate	7.50	0.25	17.75
3	Advances above Rs.10.00 lac and below Rs.50.00 lac as per Credit Rating under CRS
	A. I year and above and up to 3 years
	A+++	Base Rate	5.50	0.00	15.50
	A++	Base Rate	6.25	0.00	16.25
	A+	Base Rate	6.75	0.00	16.75
	A	Base Rate	7.25	0.00	17.25
	B	Base Rate	7.50	0.00	17.50
	C	Base Rate	7.50	0.00	17.50
4	Advances of Rs.50.00 lac & above upto Rs.5.00 crore on Credit rating as per CRAS below 3 years.
	A+++	Base Rate	4.00	0.00	14.00
	A++	Base Rate	5.75	0.00	15.75
	A+	Base Rate	6.50	0.00	16.50
	A	Base Rate	7.00	0.00	17.00
	B	Base Rate	7.50	0.00	17.50
	C	Base Rate	7.50	0.00	17.50
5	Advances of above Rs.5.00 crore as per Credit Rating under CRRM
	A. I year and above and up to 3 years
	A++	Base Rate	4.00	0.00	14.00
	A+	Base Rate	5.75	0.00	15.75
	A	Base Rate	6.50	0.00	16.50
	B++	Base Rate	7.25	0.00	17.25
	B+	Base Rate	7.50	0.00	17.50
	B	Base Rate	7.50	0.00	17.50
	C	Base Rate	7.50	0.00	17.50

Term Premia of 0.25% is applicable for Term loans of above 36 months

SMALL & MEDIUM ENTERPRISES-MANUFACTURING (other than Rice Mills) AS PER SMERA RATING
i) Highest	Base Rate	2.50	0.00	12.50
ii) High	Base Rate	2.50	0.00	12.50
iii) Above Average	Base Rate	3.00	0.00	13.00
iv) Average	Base Rate	3.50	0.00	13.50

The Rate of interest is subject to changes from time to time.

For further information/ clarifications our nearest Branch may be contacted.

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