MICRO, SMALL & MEDIUM ENTERPRISES (MSME) RATE OF INTEREST ON RUPEE LOANS/ADVANCES –CREDIT RISK PREMIUM (CRP) OVER RLLR

For loans repayable more than 1 year upto 5 years and more than 5 years, the liquidity premium to be loaded to the Card rates additionally, as given below:(Ho Cir. IC/612/2021)

Repayable > 1 year upto 5 years

0.40%

Repayable > 5 years

0.80%

1. Exposure above Rs.25.00 Crores

a. Externally rated Accounts

MSMEs (Manufacturing / Services) - Exposures > 25 Crore (Other than NBFCs, Commercial Real Estate, Capital Market exposures)

Rating Grade	CRP over RLLR
AAA or Equivalent	1.25
AA or Equivalent	1.50
A or Equivalent	1.75
BBB or Equivalent	2.50
BB or Equivalent	3.25
B or Equivalent	4.80
C&D or Equivalent	6.00

b. Externally unrated Accounts and rated internally.

RISK RATING	CRP OVER RLLR % of Value of immovable property/approved collaterals in proportion to the exposure
	Upto 50%	51% - 75%	76% - 100%	>100%
LR1	1.60	1.50	1.30	1.05
LR2	1.75	1.65	1.45	1.20
LR3	2.30	2.20	2.00	1.75
NR	2.75	2.60	2.40	2.15
MR	3.00	2.85	2.65	2.40
HR1	5.00	4.80	4.60	4.30
HR2 & HR3	6.00	5.80	5.60	5.30

An additional interest of 0.25% in respect of externally unrated exposures above Rs 25.00 Crores to Rs 100.00 Crores and 0.50% for externally unrated exposures above Rs 100.00 Crores to be charged, till such time external rating is obtained by the entity.

2. Exposures above Rs. 2 Crore and upto Rs.25 Crore, Rated Internally UnderRAM/CIRMModel.

RISK RATING	CRP OVER RLLR % of Value of immovable property/approved collaterals in proportion to the exposure
	Upto 50%	51% - 75%	76% - 100%	>100%
LR1	1.60	1.50	1.30	1.05
LR2	1.75	1.65	1.45	1.20
LR3	2.30	2.20	2.00	1.75
NR	2.75	2.60	2.40	2.15
MR	3.00	2.85	2.65	2.40
HR1	5.00	4.80	4.60	4.30
HR2 & HR3	6.00	5.80	5.60	5.30

3. Exposure above Rs.2 lakhs upto Rs.2 crore for both MSME Manufacturing & Services. Concession of 0.25% in applicable rate of Interest in CGTMSE covered accounts up to an exposure of Rs.100lakhs is available, subject to the condition that the ultimate interest rate shall not fall below RLLR.

a.For Exposures above 2 lakhs upto 1 Crore

Internal Risk Rating Grade	CRP over RLLR
LR 1, LR 2 & LR 3	1.40
NR	2.25
MR	2.75
HR I	4.25
HR 2 & HR 3	5.75

b.For exposures above Rs.1 Crore upto Rs.2 Crore

RATING GRADE	% of Value of immovable property/approved collaterals in proportion to the exposure
	Upto 50%	51% - 75%	76% - 100%	>100%
	CRP over RLLR	CRP over RLLR	CRP over RLLR	CRP over RLLR
LR3	2.30	2.20	2.00	1.75
NR	2.75	2.60	2.40	2.15
MR	3.00	2.85	2.65	2.40
HR1	5.00	4.80	4.60	4.30
HR2 & HR3	6.00	5.80	5.60	5.30

Note: A reduction of 0.50% in the applicable rate of interest on loans and advances to Women Entrepreneurs under Micro & Small Enterprises (both manufacturing & services) to be extended to new loans.

4. ROI on Loans and Advances upto Rs.2 lakhs

Concession of 0.25% in applicable rate of Interest in CGTMSE covered accounts up to an exposure of Rs.100 lakhs is available, subject to the condition that the ultimate interest rate shall not fall below RLLR.

MSME MANUFACTURING & SERVICES:

	Working Capital / STL		Term Loan
	CRP over RLLR		CRP over RLLR
	Micro & Small	Medium	Micro & Small	Medium
a. Upto Rs.50,000/-	1.05	1.05	1.30	1.30
b. Above Rs.50,000/- upto Rs.2 lac	1.05	1.05	1.55	1.55

5. Other Segments

a.BE- MSME (Irrespective of the limit):

Description	CRP over RLLR
a. Bills up to 90 days Usance	0.45
b. Bills above 90 days up to 180 days	0.85

b.MSME SCHEMES :

i. DOCTORS CHOICE

Term loan : (MSME-Services)
Risk Rating	Low Risk	Normal Risk	Moderate Risk
	CRP over RLLR	CRP over RLLR	CRP over RLLR
Upto Rs.2 lakh	1.55	1.55	1.55
Above Rs.2 lakh to Rs.5 Crore	1.55	2.05	2.30

Working capital: (MSME-Services)
Risk Rating	Low Risk	Normal Risk	Moderate Risk
	CRP over RLLR	CRP over RLLR	CRP over RLLR
Upto Rs.2 lakh	1.05	1.05	1.05
Above Rs.2 lakh to Rs.5 Crore	1.05	1.80	2.05
Note: Following interest concession may also be extended subject to ULTIMATE RATE OF INTEREST NOT FALLING BELOW THE RESPECTIVE RLLR: a. 0.50% concession applicable to Women. b. 0.25% concession in case of accounts covered under Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGTMSE).

ii.OTHER MSME SCHEMES

Sl No	Scheme Name	CRP over RLLR
1.	Canara Vyapar	Risk Rating		Working Capital		Term Loan*
		Low & Normal		1.75		1.75
		Moderate		2.00		2.00
		* Applicable Liquidity premium to be loaded to the card rates additionally.
2.	Canara Smart Professional
		Risk Rating	Upto Rs. 50 lacs		Above Rs. 50 lacs
		Low & Normal	1.65		1.90
		Moderate	1.90		2.15
		* Applicable Liquidity premium to be loaded to the card rates Additionally, in case of Term Loans. The following Interest concessions shall be extended subject to ultimate rate of interest not falling below RLLR. a) 0.50% concession to Women beneficiaries. b) 0.25% concession to CGTMSE covered accounts.
3.	MSME Vahan	0.90 Note :0.25% concession to CGTMSE covered accounts and 0.50% concession for women entrepreneurs are NOT available under the scheme.

5.	MSE Vijeta- Model II
	Low and Normal Risk	1.40
	Moderate Risk	1.65
		0.25% Concession to be extended for CGMSE covered accounts
6.	Canara MSME CAP	CRP over RLLR* *CRP over RLLR is linked to the % of security offered by the borrower under this cheme
	Low and Normal (Range)	0.50-1.55
	Moderate (Range)	0.55-1.70
		Note: a. 0.50% concession to Women entrepreneurs NOT to be extended under this scheme. b. Applicable concessions, if any, given to North East States and to the State of Jammu & Kashmir are NOT to be extended under the scheme. c. No liquidity premium is applicable for term loans under the scheme.
7.	Canara GST	CRP over RLLR
		Risk Rating	Working Capital
			Collateral Security Value 100% & above		Collateral Security Value 75% to <100%
		Low & Normal	0.25		0.50
		Moderate	0.50		0.75
		Note: a. 0.50% concession to Women entrepreneurs NOT to be extended under this scheme. b. Applicable Concessions, if any, given to North East States and to the State of Jammu & Kashmir are NOT to be extended under this Scheme.
8.	Canara Contractor Scheme	ROI as per specific scoring model for the Scheme.
9.	Canara Caravan	ROI as per specific scoring model for the Scheme.
1	Canara Udyog
		Risk Rating	Working Capital	Term Loan*
		Low & Normal	2.00	2.00
		Moderate	2.50	2.50
		* Applicable Liquidity premium to be loaded to the card rates additionally.
10.	Canara MSME Expo	As per extant ROI of the Bank under MSME segment. Note: 0.25% concession for CGMSE covered accounts and 0.50% concession for women entrepreneurs shall be available