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Revision of Interest Rate on Export Credit

Taking in to account announcement of NIRVIK Scheme of ECGC in the Union Budget 2020, SBI revises Interest Rate on Export Credit (Pre-Shipment and Post-Shipment Finance in Rupee and Foreign Currency)

Present Interest Rate on Export Credit (Maximum) Revised Interest Rate on Export Credit (Maximum)*

Rupee

MSME: 8.35%

(Repo Rate + Spread 2.65% + Credit Risk Premium 0.55%)

Others: 8.40% (1 Year MCLR+ Margin 0.55%)

Rupee

All Segments: 7.35 % (Repo Rate + Margin 2.20%)

Foreign Currency (PCFC/EBR)

All Segments: LIBOR/ EUROLIBOR / EURIBOR + Margin 2.00%

Foreign Currency (PCFC/EBR)

All Segments: LIBOR/ EUROLIBOR / EURIBOR + Margin 1.50%

*Revised Interest Rate on Export Credit applicable w.e.f. from Implementation date of NIRVIK Scheme of ECGC.


Last Updated On : Thursday, 20-02-2020

Interest Rates

8.40%* p.a.

w.e.f. 01.09.2023

*T&C Apply.

 

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