Please
refer to SMEFD Circular No.06 dated March 31, 2010 on
the captioned subject.
2.
It has been decided that effective October 1, 2010 the
rates of service charges for Participating Financial
Institutions (PFIs) and rates for end users under the
captioned Scheme shall be as under: -
Period
of financing |
Rate
of Refinance |
PFIs’
Spread |
End
User’s Rate |
Up-to
3 years |
9.50% |
1.50% |
11.00% |
Over
3 years and upto 5 years |
8.60% |
2.50% |
11.10% |
Over
5 years and upto 10 years |
8.20% |
3.00% |
11.20% |
3. Other instructions on the subject shall remain unchanged.