I want to get the details of latest news on Interest Rates in Andhra Pradesh State Financial Corporation APSFC so can you provide me?

[prince karak]

Andhra Pradesh State Financial Corporation [APSFC] is a state level Development Financial Institution established in 1956 for promoting Small and Medium Scale(SMEs )industries in Andhra Pradesh under the provisions of the State Financial Corporation' (SFC) Act,1951.

Interest Rates

A. Benchmark Primary Lending Rate(BPLR) is fixed at 12.00% p.a.
B. Lending rates for loans under the following schemes:

Type of Loan/Scheme Net interest rate (% p.a)
Existing Revised
Scheme of Financial assistance to
Practicing Doctors and existing nursing
homes for acquiring Fixed assets (PDS). 12.5 Rating Applicable rate
CR-1, CR-2 12
CR-3, CR-4 12.5

C. Lending rates for the loans above (B) above to be fixed based on the credit rating linked to BPLR as under:

Type of Loan/Scheme Net Interest Rate (% p.a)
CR1 CR2 CR3 CR4

Term Loan/Addl. Term Loans –
including Hotels, Hospitals, Transport
Vehicles, Bore-well rigs, road laying and
heavy earth moving equipment etc.,
11.5 12 12.5 13
(PLR-0.50) (PLR) (BPLR+ 0.50) (BPLR+ 1.00)

Loans under MSME-MTL &
Marketing Assistance Schemes. 12 12.5 13 13.5
(PLR) (PLR+ 0.50) (PLR+ 1.00) (PLR+ 1.50)

Corporate Loan Scheme* 12.5 13 13.5 14
(PLR+ 0.50) (BPLR+ 1.00)(BPLR+ 1.50)(BPLR+ 2.00)

Loans under Risk Capital Fund Scheme,
Loans for constructions of Commercial
& Residential Complexes 13 13.5 14 14.5
(BPLR+ 1.00) (BPLR+ 1.50) (BPLR+ 2.00) (BPLR+ 2.50)

Contact-

Corporate Office:

Andhra Pradesh State Financial Corporation
5-9-194, PB No:165
Chirag Ali Lane,
Hyderabad - 500001.
Tel. Ph No: + 91 40 23201646, 23202550
Mob: + 91 98665 12503 / 502 / 501
Fax:040-23202972