Pricing of Products

Pricing of Products

pricing-strategy

Each financial instrument is associated with a level of risk and thereby corresponds to a calculated rate of interest. Banks adopt different pricing methodologies
depending on the amount, loan period and the SME’s ability to provide collateral. The table below broadly enumerates the levels of rates existing.

Product Level of Rate
Secured Loan 8-14%
Partially Secured 14-17%
Unsecured Loan 18-22%
Overdraft 10-12%
Top