Term Loans  available at effective rate of interest of 11.00% **
                                                                                                        ** conditions as below

SN	Eligibility Condition	Gross Rate of interest	Rebate for timely payment of instalm-ent & interest	Effective Rate of Interest
1.	Projects backed by 100% collateral security OR  Existing units earning net profits for the last three years, showing an increase in profits in the last three years. OR 30% increase in net worth during the last three years. OR Projects rated as LAAA, LAA+,LAA,LAA-or equivalent showing high to highest safety.\	12.00% p.a, Quarterly	1.00%	11.00%
2.	Other projects	12.00% p.a Quarterly	0.5%	11.50%