Professional Documents
Culture Documents
In respect of advances having total limits above Rs. 2.00 lakh, Credit Rating will have to be
done as per extant guidelines.
ROI will not be linked to Credit Rating for advances to MSE having total limits upto
Rs.50.00 lakh and covered under CGTMSE. However, Credit Risk Rating (CRR) will continue
to be done for risk perception in respect of advances having total limits above Rs.2.00 lakh and
upto to Rs. 50.00 lakh.
c. Advances to Micro and Small Enterprises having limits (Fund + Non fund) upto
Rs.500.00 lakh as per internal rating:
In addition to the above, to incentivise and attract better asset quality of Priority lending, the
additional discount/reduction in rate of interest based on percentage of Collateral security
offered by the borrowing MSE unit as under
Eligible collateral securities for concession in rate of interest for MSE advances are as under
ii) Scheme for Financing to Trade, Service & MSE (loan against property):
iii) Special scheme for financing Doctors, Chartered Accountants, Engineers and
Architects:
Loan amount Existing Rate of Interest Proposed ROI
Loan upto Rs. 100.00 lakh Base Rate + 0.50% MCLR+0.50%
Loan above Rs. 100 lakh and upto Rs. Base Rate +2.00% MCLR+2.00%
200 lakh
Loan above Rs. 200 lakh and upto Rs. Base Rate +3.00% MCLR+3.00%
500 lakh
iv) Special scheme for financing Transport Operators (Mahabank Transport
operator Loan scheme.)
Loan amount ( For New Vehicle) Existing Rate of Interest Proposed ROI
Loan upto Rs.25.00 lakh Base Rate + 0.50% MCLR+0.50%
Loan above Rs. 25 lakh and upto Base Rate +1.50% MCLR+1.50%
Rs. 100 lakh
Loan above Rs. 100 lakh and upto Base Rate +2.50% MCLR+2.50%
Rs. 200 lakh
Loan amount ( For old Vehicle) Existing Rate of Interest Proposed ROI
Loan upto Rs.25.00 lakh Base Rate + 0.50% MCLR+0.50%
Loan above Rs. 25 lakh and upto Base Rate +2.50% MCLR+2.50%
Rs. 100 lakh
Loan above Rs. 100 lakh and upto Base Rate +3.50% MCLR+3.50%
Rs. 200 lakh
2. Agriculture:
i. Agriculture
Cash Credit / Working Capital Limits* / Term Loans
Size of Advance Existing Rate of Interest Proposed ROI
Up to Rs.50000/- Base Rate + 0.75% MCLR+0.75%
Above Rs.50000/-& up to Rs.2 lakh Base Rate + 1.50% MCLR+1.50%
Above Rs.2 lakh & up to Rs.10 lakh Base Rate + 2.00% MCLR+2.00%
Above Rs.10 lakh Base Rate + 3.00% MCLR+3.00%
*Short term production credit 7.00% (Fixed). 7.00% (Fixed).
including Gold Loan up to Rs. 3.00 If loan remains unpaid after If loan remains unpaid
lakh to Farmers where interest cut-off date/period after cut-off date/period
subvention is available stipulated as per Interest stipulated as per Interest
Subvention Scheme, Subvention Scheme,
applicable rate of interest applicable rate of interest
will be as per above slabs. will be as per above slabs.
*Short term production credit Applicable rate of interest Applicable rate of interest
including Gold Loan above Rs. 3.00 will be as per above slabs. will be as per above slabs.
lakh to Farmers where interest
subvention is not available
Advances under Mahabank Krishi
Shakti Yojana for selected districts Base Rate + 1.25%
MCLR+1.25%
& selected crops as per guidelines
Loans for construction of Rural
Godown / Warehouse upto Rs. 1.00 Base Rate+0.50% MCLR+0.50%
Crore
ii) Advances to FSCS / PACS /LAMPS: