KSFC Procedures - Interest Rate Structure

Sl. No.

Category if borrowers/ purpose of loans

Rate of Interest (%) p.a.

I.

Rates of interest for general categories of borrowers/loans:

1. Term loan (inc. WCTL) to SSIs, non SSIs and road transport operators irrespective of the  purpose of loan:

i) Upto & inclusive of Rs. 25,000/-

 a) General rate

 b) Under RSR

ii) Over Rs.25,000/- upto Rs. 2,00,000/-

 a) General rate

 b) Under RSR

12.25%

11.25%

13.75%

12.75%

2. Term loan (incl. WCTL) over Rs. 2,00,000/- to:

i) SSIs, non SSIs where project cost is less than Rs.45.00 lakhs and road transport operators  inclusive of modernisation/diversification, expansion & EFS proposals:

 a) General rate

 b) Under RSR

ii) All MSIs and non SSIs where project cost exceeds Rs. 45.00 lakhs.

 a) General rate

 b) Under RSR

16.50%

15.50%

17.50%

16.50%

II.

Term loans under TDMF & ISO 9000 schemes to SSI units:

i)   Upto Rs. 25,000/-

ii)  Over Rs. 25,000/- & upto Rs. 2,00,000/-

iii) Over Rs. 2,00,000/-

12.25% *

13.75% *

14.25% *

III.

Rate of interest for other categories of borrowers/loans:

1. Loans sanctioned out of corporation's own funds such as bridge loan against investment subsidy, loan for acquiring second-hand machinery or for acquiring old KSSIDC sheds.

2. Loans under Corporate Loan scheme for:

 a. AAA rated entrepreneurs/units

 b. Others

3. Loans to credit rated entrepreneurs:

a) AAA rated entrepreneurs/units

 i)  SIDBI cases

 ii) IDBI

b) AA rated entrepreneurs/units

 i)  SIDBI cases

 ii) IDBI cases

19.00%

18.50%

19.00%

15.50%

16.50%

16.00%

17.00%