Interest Rates-Commercial Loans

Annexure-B

Commercial Loans

Rate of Interest w.e.f. 01.05.2024

SR NO

Description

Particulars

ROI

1

Business Loans includes Flexi Term loan, 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,
(DNS MSME & Others)

Upto Rs.50.00 Lakhs

10.10%

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.)

Credit Rating based ROI :-

Risk Profile

Grade Secured

Marks Secured

Applicable ROI

Low Risk

DNS -1

90 & Above

8.85%

DNS -2

85 to 89

9.35%

DNS -3

80 to 84

9.85%

Medium Risk

DNS -4

75 to 79

10.35%

DNS -5

70 to 74

10.85%

DNS -6

65 to 69

11.35%

High Risk

DNS -7

60 to 64

11.85%

DNS -8

Below 60

12.35%

2

Flexi Overdraft

Upto Rs.50.00 Lakhs - 11.10% & above 50.00 lakhs as per credit rating + 1% additional interest to be charged
& If Real Asset Coverage Ratio is greater than or equal to 1.50:1; then Rate of Interest will be 0.50% more than applicable

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

13.30%,
if group insurance obtain then 12.80

5

Lons & Advances to Builders

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

6

Loan Scheme for Professional
• Engineering and Technical including software professionals
• CA/ICWA/CS etc.
• Business Management, Management Consultants,
• Certified Tax Consultants
• Architects, Interior Designer,
• Fashion Designer, Beauticians etc.

Clean Cash Credit or Term Loan

11.50%

Both CIBIL Score 700 & above
commercial CIBIL Score up to CMR-5

9.75%

Both CIBIL Score below 700 & Commercial CIBIL Score above CMR-5

10.25%

7

Scheme for Medical Practitioners

Allopathy, Homeopathy, Ayurveda, Dentistry, Ophthalmologist, Veterinary, Physiotherapy, Pharmacy, Radiology, Pathology.

Clean Cash Credit or Term Loan

11.50%

Both CIBIL Score 700 & above
commercial CIBIL Score up to CMR-5

9.75%

Both CIBIL Score below 700 & Commercial CIBIL Score above CMR-5

10.25%

8

Lease Rent Discounting (LRD)

Negotiated rates

9

GST Insta Cash Credit Scheme

9.85%

10

Vendor Financing Scheme

10.10%

11

Pledge Limit against Sugar Stock/Jaggery Powder/Jaggery

Negotiable
- In the line of existing ROI for pledge with other banks

12

Pledge Limit against Stock of Molasses/Ethanol/Rectified Spirit (RS)/Extra Neutral Alchohol (ENA)

Negotiable
- In the line of existing ROI for pledge with other banks

13

Pledge Loan - Pledge against Agriculture Commodities to Individual Farmers

10% p.a.
Exclusive of Collateral Manager charges/ Warehouse Charges

14

CGTMSE Guarantee Cover Scheme

1% above the applicable MSME Scheme & Guarantee Fee is to be paid by the Bank.

15

MSME Loan for purchase shop/unit at Tower Industrial Park,

Margin 25% & above with CIBIL score above 700

8.85%

Margin 25% above with CIBIL score below 700

9.10%

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

9.60%
9.35%

16

Loan Scheme for employee of M/s. D K Pharma Chem Pvt. Ltd.

0.50% concession in applicable ROI as per our scheme