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newsandevents
 

 

Business Development Campaigns to outreach the entrepreneurs.  For details click here

APSFC unaudited finacial results as on 31.03.2017

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APSFC Slashes interest Rates by 0.50% w.e.f  01.02.2017

Modernized office building at Visakhapatnam 

Tenders - Sale under Sec.29 of State Financial Corporations act, 1951

For details click here

Tender - Sale notice under Sarfaesi act, 2002  

For details click here

Tenders - Sale under Sec.29 of State Financial Corporations act, 1951

For details click here 

APSFC Slashes interest Rates by 0.50%

Tenders - Sale under Sec.29 of State Financial Corporations act, 1951

For details click here

  

 

 

 
 
Interest Rates
 

    Lending rates for loans under the following schemes:                                 

 

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A. Benchmark Primary Lending Rate(BPLR) is fixed at 12.50% p.a.

B. Lending rates for loans up to Rs.30.00 lakhs [excluding cases covered under (C) below

 

Sl.

No.

Type of Loan/Scheme

Net interest rate (% p.a)

Existing

Revised

1

Term Loan/Addl. Term Loans – including Hotels, Hospitals, Transport Vehicles, Bore-well rigs, road laying and heavy earth moving equipment etc.           

14.00

13.50

2.

Loans under MSME-MTL & Marketing Assistance Schemes

14.50

14.00

3.

Loans under Risk Capital Fund Scheme, Loans for constructions of Commercial & Residential Complexes

15.50

15.00

C.    Lending rates for loans under the following schemes:                                 

Sl.

No.

Type of Loan/Scheme

Net interest rate (% p.a)

Existing

Revised

1.

Scheme of Financial assistance to Practicing Doctors and existing nursing homes for acquiring Fixed assets.

13.00

12.50

 D.   Lending rates for the loans above Rs.30.00 lakhs [excluding Loans covered (C) above] to be fixed based on the credit rating linked to BPLR as under:      

 

Sl. No.

Type of Loan/Scheme

Net Interest Rate (% p.a)

CR1

CR2

CR3

CR4

1

Term Loan/Addl. Term Loans – including Hotels, Hospitals, Transport Vehicles, Bore-well rigs, road laying and heavy earth moving equipment etc.,             

12.00

(PLR-0.50)

 

 

12.50

(PLR)

 

 

13.00

(BPLR+ 0.50)

13.50

(BPLR+ 1.00)

2

Loans under MSME-MTL & Marketing Assistance Schemes.

 

12.50

(PLR)

 

13.00

(PLR+ 0.50)

13.50

(PLR+ 1.00)

14.00

(PLR+ 1.50)

3

Corporate Loan Scheme*

13.00

(PLR+ 0.50)

13.50

(BPLR+ 1.00)

14.00

(BPLR+ 1.50)

14.50

(BPLR+ 2.00)

4

Loans under Risk Capital Fund Scheme, Loans for constructions of Commercial & Residential Complexes

13.50

(BPLR+ 1.00)

14.00

(BPLR+ 1.50)

14.50

(BPLR+ 2.00)

15.00

(BPLR+ 2.50)

 

* In respect of Corporate Loans for CRE Sector, the rate of interest applicable shall be on par with  the loans considered for construction of commercial and residential complexes

Note
 
  1. Interest rates mentioned above are net rates.
  2. In respect GES/SES cases a special interest concession can be considered as per the guidelines. 
 
 
 
 
 
 
 
 

 

Loan Application Forms can be downloaded from "Products & Services" Tab. The cost of Application, Rs.500/- will be collected at the time of submission of Application.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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