Rate on Export Credit

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Interest-Rates

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.


Interest Rates

6.95% p.a.

w.e.f. 01.07.2020

*T&C Apply.

 

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