a. Reference Interest Rate 2/ |
---|
1. Term loans for corporate customers in good standing (Minimum Loan Rate) MLR 7.155 |
2. Overdraft facilities for corporate customers in good standing (Minimum Overdraft MOR 7.325 |
3. Retail customers in good standing (Minimum Retail Rate) MRR 7.275 |
Commercial Loans (for corporate) | Personal Loans Overdraft (O/D) | Personal Loans Revolving | Housing Loans Short term | Housing Loans Long term |
---|---|---|---|---|
8. Maximum interest rate | MRR + 4 equal 11.275 | MRR + 4 equal 11.275 | MRR + 4 equal 11.275 | MRR + 4 equal 11.275 |
9. Maximum default interest rate | 14.275 | 15.000 10/ | 15.000 | 15.000 |