Please
refer to SMEFD Circular No.16 dated October 31, 2009
on the captioned subject.
2. It has been decided that effective April 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: -
|
Rate
of Refinance |
PFIs’
Spread |
End
User’s Rate |
| Up-to
3 years |
8.80% |
1.50% |
10.30% |
| Over
3 years and upto 5 years |
7.90% |
2.50% |
10.40% |
| Over
5 years and upto 10 years |
7.50% |
3.00% |
10.50% |
3.
Other instructions on the subject shall remain unchanged.