Interest Rates & Charges

The Rate of Interest on your loan will be based on the Risk parameters, Market conditions and Cost of Funds.

Unless stated otherwise explicitly in your loan agreement, Loan Against Property, Loan against rent receivables and Loan Against shares are offered on Floating Rate of Interest Basis only.

Floating Reference Rate (FRR)

Floating Rate of Interest, when applicable to the loan facility, shall mean the Floating Reference Rate (FRR) applied to the facility with spread (if any) as specified in the Loan Agreement.