Please refer to SMEFD Circular No.19 dated December 01, 2009 on the captioned subject.
2. It has been decided that effective July 01, 2011, the rates of service charges for banks/DFIs and rates for end users under the captioned Scheme shall be as under: -
-
Tenor |
Rate of Refinance |
Bank’s/DFIs’ Spread |
End User’s Rate |
Up-to 5 years |
10.10% |
2.50% |
12.60% |
Over 5 years and upto 10 years |
9.70% |
3.00% |
12.70% |
3. Other instructions on the subject shall remain unchanged.