TIIC's Lending Rate (%) w.e.f. 15.11.2007 Particulars Term loans covered under SME Fund Scheme Term loans NOT covered under SME Fund Scheme Existing Prompt Clients New  Clients Existing Prompt Clients New  Clients others Term loans upto Rs.2,00,000/- 12.00 12.00 - - - Term loans above Rs.2,00,000/- 12.50 12.50 to 13.00 * 12.75 14.00 ** - Loans under ISO 9000 Schemes 12.50 12.50 - - - Service Sector (Shopping Complex, Community Hall, etc.) - - 14.00 14.50 - Windmill Projects on or after 11/3/2008 - - - - 12.50 Bill Finance Scheme Schemes - - - - 14.00 Open Term Loan Scheme 12.50 - 12.75 - - Drawee Bill Finance Scheme Schemes 13.00 - - - - Clean Term Loan Schemes 13.00 - - - - Doctors Scheme 12.50 12.50 - - - Doctors and Nursing Homes (Small Hospitals) Loans upto 3 Crores For Construction of Building and Purchase of Land 14.00 14.50 - For Purchase of Equipments Alone 13.00 13.00 - Loans Above Rs. 3 Crores - Hospitals 14.00 14.50 - The annual rebate of 0.25%, available at the end of every year for the existing clients with the 3 years of prompt payment, is continued to be available. * Based on SME Rating Agency of India Limited Ratings. ** The interest rate may be fixed in the band of 12.75% pa to 14.00% pa by the Board based on the merits     [About Us] [Financial Assistance] [Incentives/Subsidy] [Guidelines] [Applications] [TIIC Offices] [Glimpse] [Disclaimer] [Home]

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