Please refer to SMEFD Circular No. 07 dated May 6, 2010 regarding the captioned subject.
2. It has been decided that from the date of issuance of this circular, 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 3 years |
5.00% |
2.50% |
7.50% |
Over 3 years and up-to 5 years |
4.75 % |
2.75% |
Over 5 years and up-to 10 years |
4.50 % |
3.00% |
3.
Other instructions on the subject shall remain unchanged.