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)
(Repo Rate + Spread 2.65% + Credit Risk Premium 0.55%)
Others: 8.40% (1 Year MCLR+ Margin 0.55%)
All Segments: 7.35 % (Repo Rate + Margin 2.20%)
Foreign Currency (PCFC/EBR)
All Segments: LIBOR/ EUROLIBOR / EURIBOR + Margin 2.00%
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.
Upto 1 lakh(w.e.f. 31.05.2020)
Above 1 lakh (w.e.f. 31.05.2020)
Upto 1 lakh (w.e.f. 31.05.2020)
(On Applying through YONO)
3 years to less than 5 year
5 years to less than 10 years
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