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.|