Business & Industrial Credit
MSME Interest Rates
Repo-Linked Lending Rates (RLLR) for Micro, Small & Medium Enterprises effective from 17-01-2026.
Base RLLR
7.75%
Repo + Mark-up + BSP
Premier MSME
7.75%
With 100% Collateral
Sanjeevani
9.00%
Special Doctors Rate
PGB MSME Plus & GST Superfast
Rate depends on Collateral % and SME Score
| Criteria (Collateral / Score) | ROI (RLLR Linked) |
|---|---|
100% Collateral (Score >70) | 7.75% RLLR + 0.00 |
75-100% Collateral (Score >70) | 8.00% RLLR + 0.25 |
Below 75% Collateral (Score >70) | 8.50% RLLR + 0.75 |
Critical Score Support (<40 Score) | 10.25% - 11.00% Risk Adjusted |
Trade Master / Transport / Construction
Asset-backed specialized schemes
| Criteria (Collateral / Score) | ROI (RLLR Linked) |
|---|---|
100% Exposure Covered (Score >60) | 7.75% |
Below 100% Exposure (Score >60) | 8.00% |
Average Risk (Score 40-50) | 09.50% |
E-Godam (Warehouse Pledge) | 8.00% Flat Rate |
General MSME & Sanjeevani (Upto ₹20L)
| Criteria (Collateral / Score) | ROI (RLLR Linked) |
|---|---|
Sanjeevani (Doctors) - Upto 3 Yrs | 9.00% |
Sanjeevani (Doctors) - Above 3 Yrs | 9.15% |
General MSME (Upto ₹50k) | 9.75% |
General MSME (₹50k to ₹10L) | 9.75% |
General MSME (₹10L to ₹20L) | 9.15% |
High Value Score Matrix (Above ₹20L)
Applies to Sanjeevani & General MSME
| Criteria (Collateral / Score) | ROI (RLLR Linked) |
|---|---|
Excellent (Score >80)[TL / CC] | 8.70% |
Very Good (Score 71-80)[TL / CC] | 8.75% |
Good (Score 65-70)[TL / CC] | 9.15% |
Acceptable (above Score > 50 - score <= 58)[TL / CC] | 10.10% |
RLLR & Collateral Disclosure
All MSME rates are linked to the Repo Linked Lending Rate (RLLR). The final ROI is a combination of RLLR, Business Strategy Premium (BSP), and a risk spread determined by the PGB SME Score and Collateral Coverage. Sarfaesi-compliant property or liquid security is required for GST Superfast and MSME Plus schemes.