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. |