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 | 3.50% p.a. | Other customer segments | 4.50% p.a. |
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