The
Presidents/ CEOs,
All Banks/DFIs
Dear Sirs /Madam,
Scheme
for Financing Power Plants Using Renewable Energy-
Re-fixation of Rates of Service Charges
Please refer to IH&SMEFD Circular No. 07 dated July
1, 2011 on the captioned subject.
2.
It has been decided that effective September 10, 2012, 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 |
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.