Interest Rate Range for loans granted up to Quarter ended 30 September, 2023
|Product||Minimum interest rate||Maximum interest rate|
|Real Estate Loans (CRE)||7.55%||14.35%|
|Corporate Loans (CL)||8.4%||18%|
Approach for Gradation of Risk:
The interest rate and other fees for credit facilities would be based on profile of the customer, market reputation, group strength, nature and value of primary and collateral security, risk perception, pricing offered by competition and other relevant factors. The pricing for each transaction would be based on due negotiations with the client. The rates of interest are subject to change as the situations warrants and are subject to the discretion of the management on a case to case basis.