||1. Export earning units and other customers with 'AAA' or 'AA' credit rating.
2. Customers with credit rating 'A', having natural hedge.
||1. Working Capital.
2. Demand Loan for purchase of new plant and machinery, acquisition of equipments and other assets.
||Minimum US Dollars 100,000/-.
Lending only in US Dollars.
||Working Capital - Min. 3 months, Max. 18 months.
Conversion of existing rupee working capital facilities into FCL facility can be allowed.
Demand Loans - Min. 12 months, Max. 36 months.
|Rate of Interest
||Interest rate linked to LIBOR + applicable spread based on credit rating, payable at quarterly intervals.*
||1% p.a. of unutilised amount of FCL after 3 months of execution of documents.
In case the sanction is requested to be revalidated, revalidation fee @ 0.25% of the entire sanctioned amount (maximum USD 5000/-) is applicable.
||Rs. 145/- per lakh or part thereof, Maximum Rs.1,45,000/-.
In case of conversion of existing facilities, no additional processing charges are recovered. Transaction cost ranging from Rs.15,000/- to Rs.25,000/- is levied at the time of conversion.