Interest Rate Range for Major Schematic SME Products for last 10 Years

Year Wise Interest Rate Range

S.
Product Name FY 18-19 FY 17-18 FY 16-17 FY 15-16 FY 14-15 FY 13-14
No.

Base
1 Asset Backed Loan (ABL) MCLR + 2.30% MCLR + 2.30% MCLR + 1.85% Base Rate+1.75% Base Rate+1.75%
Rate+2.70%
Base
2 Asset Backed Loan (ABL-CRE) MCLR+3.05% MCLR+3.05% MCLR+3.05% Base Rate+2.50% Base Rate+2.50%
Rate+3.50%
MCLR+1.30% to MCLR+1.30% to MCLR+1.30% to Base Rate + Base Rate + Base
3 Fleet Finance
2.15% 2.15% 2.15% 0.50% to 1.75% 0.50% to 1.75% Rate+2.75%
Simplified Cash Credit Facility MCLR+1.90% to MCLR+1.90% to MCLR+1.45% to Product not Product not Product not
4
(SCCF) 3.65% 3.65% 3.20% available available available
Base
MCLR+0.90% to MCLR+0.90% to MCLR+0.90% to Base Rate+1.50% Base Rate+1.50%
5 Dal Mill Plus Rate+1.50% to
2.10% 2.10% 2.10% to 3.50% to 3.50%
3.50%
Base
MCLR+0.90% to MCLR+0.90% to MCLR+0.90% to Base Rate+1.50% Base Rate+1.50%
6 Cotton Ginning Plus Rate+1.50% to
2.30% 2.30% 2.30% to 3.50% to 3.50%
3.50%
Base
MCLR+2.95% to MCLR+2.95% to MCLR+2.95% to Base Rate+2.75% Base Rate+2.75%
7 Open Term Loan Rate+2.75% to
8.00% 8.00% 8.00% to 7.50% to 7.50%
7.50%
MCLR + 2% to MCLR + 2% to MCLR + 3.25% Base Rate + Base Rate + Base Rate +
8 Doctor Plus
2.50% 2.50% to 4.50% 3.25% to 4.50% 3.25% to 4.50% 3.25% to 4.50%
MCLR + 2% to MCLR + 2% to MCLR + 2% to Base Rate + Product not Product not
9 Medical Equipment Finance
2.50% 2.50% 2.50% 1.25% to 2.50% available available
Simplified Small Business Loan
10 MCLR + 3.60% MCLR + 3.60% MCLR + 3.60% Product not Product not Product not
(SSBL) available available available
MCLR + 3.10% MCLR + 3.10% MCLR + 3.10% Base Rate + Base Rate + Base Rate +
11 SME Smart Score
to 8.55% to 8.55% to 8.55% 2.75% to 7.50% 2.75% to 7.50% 2.75% to 7.50%
S.
Product Name FY 18-19 FY 17-18 FY 16-17 FY 15-16 FY 14-15 FY 13-14
No.

Base Rate + Base Rate + Base Rate +

12 SME Credit Card MCLR + 2.50% MCLR + 2.50% MCLR + 2.50%
2.75% to 5.00% 2.75% to 5.00% 2.75% to 5.00%

MCLR + 2.95% MCLR + 2.95% MCLR + 2.95% Base Rate + Base Rate + Base Rate +
13 SME Credit Plus
to 8.00% to 8.00% to 8.00% 2.75% to 7.50% 2.75% to 7.50% 2.75% to 7.50%

MCLR + 1.00% MCLR + 1.00% MCLR + 1.60% Base Rate + Base Rate +
14 Arthias Plus Product not
to 7.10% to 7.10% to 7.10% 2.75% to 7.50% 2.75% to 7.50%
available
Construction Equipment MCLR + 1.50% MCLR + 1.50% MCLR + 1.45% Base Rate + Base Rate + Base Rate +
15
Finance to 2.50% to 2.50% to 2.30% 2.25% to 2.75% 2.25% to 2.75% 2.25% to 2.75%
MCLR + 1.00% MCLR + 1.00% MCLR + 1.35% Base Rate + Base Rate + Base Rate +
16 Warehouse Receipt Financing
to 3.25% to 3.25% to 3.70% 0.75% to 1.00% 0.75% to 1.00% 0.75% to 1.00%
MCLR + 3.10% MCLR + 3.10% MCLR + 3.10% Base Rate + Base Rate + Product not
17 Lease Rental Discounting
to 3.60% to 3.60% to 3.60% 2.50% to 3.50% 2.50% to 3.50% available
MCLR + 2.00% Base Rate + Product not Product not
18 Pradhan Mantri Mudra Yojana MCLR + 2.75% MCLR + 2.75%
to 2.30% 2.00% to 2.30% available available
19 Weavers Credit Card MCLR + 2.75% MCLR + 2.75% MCLR + 2.75% Base Rate + Base Rate + Base Rate +
3.00% to 3.25% 3.25% 3.25%
20 Artisan Credit Card MCLR + 2.75% MCLR + 2.75% MCLR + 2.75% Base Rate + Base Rate + Base Rate +
3.25% 3.25% 3.25%
SBI e-Smart SME e-Commerce MCLR + 2.30% MCLR + 2.30% MCLR + 2.30% Base Rate + Product not Product not
21
Loans to 4.30% to 4.30% to 4.30% 2.00% to 4.20% available available
22 SME e-BIZ Loan MCLR + 1.00% MCLR + 1.00% Product not Product not Product not Product not
to 3.50% to 3.50% available available available available
Base Rate to Base Rate to Base Base Rate to
Electronic Dealer Finance MCLR+0.55% to MCLR+0.55% to MCLR+0.55% to Base Rate Rate +5.00% Base Rate
23
Scheme 4.00% 4.00% 4.00% +5.00% +5.00%
S.
Product Name FY 18-19 FY 17-18 FY 16-17 FY 15-16 FY 14-15 FY 13-14
No.

3 months 3 months 3 months Base Rate to Base Rate to Base Base Rate to
MCLR+0.10% to MCLR+0.10% to MCLR+0.20% to Base Rate Rate +1.25% Base Rate
Electronic Vendor Finance 0.25% / 6 0.25% / 6 0.40% / 6 +1.25% +1.25%
24
Scheme months months months
MCLR+0.20% to MCLR+0.20% to MCLR+0.30% to
0.30% 0.30% 0.70%

25 Stand Up India MCLR + 3.00% MCLR + 3.00% MCLR + 3.00% Product not Product not Product not
available available available

*MCLR stands for Marginal Cost of Funds based Lending Rate

*SBAR stands for State Bank Advance Rate
ears

Range

FY 12-13 FY 11-12 FY 10-11 FY 09-10

Product not Product not Product not Product not

available available available available
Product not Product not Product not Product not
available available available available
Product not Product not Product not Product not
available available available available
Product not Product not Product not Product not
available available available available
Base 1% below
Base Rate+1.50% Base Rate+1.50%
Rate+1.50% to SBAR to
to 3.50% to 3.50%
3.50% SBAR+0.50%
Base 1% below
Base Rate+1.50% Base Rate+1.50%
Rate+1.50% to SBAR to
to 3.50% to 3.50%
3.50% SBAR+0.50%
Base
Base Rate+2.75% Base Rate+2.75% SBAR to
Rate+2.75% to
to 7.50% to 7.50% SBAR+1.75%
7.50%
Base Rate + 3.25% Base Rate + Base Rate + SBAR + 0.50%
to 4.50% 3.25% to 4.50% 3.25% to 4.50% to 2.00%
Product not Product not Product not Product not
available available available available
Product not Product not Product not Product not
available available available available
Base Rate + 2.75% Base Rate + Base Rate + SBAR to
to 7.50% 2.50% to 5.00% 2.50% to 5.00% SBAR+1.25%
 FY 12-13 FY 11-12 FY 10-11 FY 09-10

Base Rate + 2.75% Base Rate + Base Rate +

to 5.00% 2.50% to 4.50% 2.50% to 4.50% SBAR to
SBAR+1.75%

Base Rate + 2.75% Base Rate + Base Rate + 1.75% below

to 7.50% 2.75% to 7.50% 2.75% to 7.50% SBAR to
SBAR+2.50%

Product not Product not Product not Product not

available available available available
Base Rate + 2.25% Base Rate + Base Rate + SBAR + 1.25%
to 2.75% 2.75% to 3.25% 2.75% to 3.25% to 1.50%
Base Rate + 0.75% Base Rate + Base Rate +
10%
to 1.00% 2.15% to 2.40% 2.50% to 3.00%
Product not Product not Product not Product not
available available available available
Product not Product not Product not Product not
available available available available
Base Rate + Product not Product not
Base Rate + 3.25% 3.25% available available
Base Rate + Product not Product not
Base Rate + 3.25% 2.50% to 3.50% available available
Product not Product not Product not Product not
available available available available
Product not Product not Product not Product not
available available available available
Base Rate+1.25% Base Rate+1.25% Base
to 5.00% to 5.00% Rate+1.25% to 0.25% to 1.75%
5.00% below SBAR
 FY 12-13 FY 11-12 FY 10-11 FY 09-10

Base Rate to Base Base Rate to Base Base Rate to -

Rate +1.25% Rate +1.25% Base Rate
+1.25%

Product not Product not Product not Product not

available available available available