Markup & RatesMarkup & Rates

Markup & Rates

BAFL presently offers a variable/floating markup rate option.

The mark-up rate shall comprise of 1 Year KIBOR + Bank’s Margin. The facility would be re-priced at the rate as applicable on the first business day of each anniversary of the month of disbursement.

Currently the Margins are:
Local Salaried customers 3% p.a.
Other customer segments 4% p.a.