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