Rajasthan State Industrial Development

& Investment Corporation Limited

Udyog Bhawan, Tilak Marg, JAIPUR - 5

 

 

No. FDI/I&A/IDBI/91

Dated :  July 31, 2008

 

 

OFFICE ORDER

 

 

Sub:     Rationalization of Interest Rate Structure of Term Loan for Real Estate Projects

 

The Board of Directors of the Corporation in its meeting held on 7th July, 2008 has accorded approval for increasing the term lending rate for Real Estate Projects from the prevailing interest rate of 13.5% p.a. to 15.5% p.a. with immediate effect, in respect to all new sanctions under the “Credit Scheme for Builders/Commercial Complexes/ Residential Complexes. Timely payment rebate of 0.5% for such projects, effective from 16th April 2007, shall remain unchanged.

 

 

                                                                                                              Sd/-

                                                                                                                   ( Aparna Sahay)

Financial Advisor