External Benchmark for Lending Facilities

All (Floating rate loan to Individuals and Micro, Small and Medium Enterprises) rupee loans sanctioned and credit limits renewed with effect from 1st October 2019 shall be priced with reference to the below rates for the respective benchmark as mentioned in sanction letter.

                                   
Effective Rate as of 7th May 2022
Repo Rate 4.00%

This is derived basis the rate applicable on 11th April 2022

Effective Rate as of 2 May 2022
1 Month MIBOR 4.12%
3 Month MIBOR 4.25%

This is derived basis the rate applicable on 11 April 2022