Annual Guarantee fee
Composite all-in Guarantee fee as under (credit facilities sanctioned by Bank on or after April 01, 2016:
||Annual Guarantee Fee (AGF) (% p.a.)
||Women, Micro Enterprises and units in North East Region (incl. Sikkim )
|Upto ₹ 5 lakh
|Above ₹ 5 lakh to ₹ 200 lakh
*Standard Rate of Guarantee fee excluding Risk premium.
*% of credit facility sanctioned to be paid upfront to the trust within such period as may be specified by the trust (Service tax applicable).
Composite all in Annual Guarantee fee for Fund based & Non fund based limit sanctioned up to ₹ 5 lakh shall be borne by the Bank as hitherto.