Interest Rates

The Base Rate and EBLR are reduced by 25 basis points from 9.50% to 9.25%, and the RLLR is reduced to 9.00%, with effect from 01.01.2026.

Credit Band & Rating

Credit Band Score Range
Band 1 ≥ 75%
Band 2 ≥ 65% and < 75%
Band 3 ≥ 55% and < 65%
Band 4 ≥ 40% and < 55%

Sector-wise Interest Rates (Effective rate after rebate of 0.50%)

MSME Units & Infrastructure Sector / Hospitality / Healthcare

Category Gold Card & Band 1 Band 2 Band 3 Band 4
Standard Rate 9.25% 9.75% 10.25% 10.75%

Hotels & Resorts with Bar

Category Gold Card & Band 1 Band 2 Band 3 Band 4
Standard Rate 10.25% 10.75% 11.25% 11.75%

Unclassified Hotels (<10 rooms), Auditoriums, Convention Centres, Lodges, Hostels, Kalyanamandapam, Godowns, Warehouses, Quarry & Metal Crushing Units

Category Gold Card & Band 1 Band 2 Band 3 Band 4
Standard Rate 10.25% 11.25% 12.25% 13.25%

Real Estate & Entertainment (Flats, Apartments, Villas, Shopping Complexes, Malls, Multiplexes, Cinema Theatre, Film/Serial Production)

Category Gold Card & Band 1 Band 2 Band 3 Band 4
Standard Rate 10.25% 11.25% 12.25% 13.25%

CRE – RH

Category Gold Card & Band 1 Band 2 Band 3 Band 4
Standard Rate 9.75% 11.25% 12.25% 13.25%

Contractor Loans (WEF & EFF)

Category Gold Card & Band 1 Band 2 Band 3 Band 4
Standard Rate 10.50% 11.50% 12.50% 13.50%

Special Loan Schemes

Chief Minister’s Entrepreneurship Development Programme (CMEDP)

Loans up to Rs 500 lakhs at 6% p.a.

Agro-based MSME Loan Scheme (KAMS)

Loans up to Rs 1000 lakh at 6% p.a.

Startup Kerala – Comprehensive Scheme

Up to Rs 200 lakh at 5.60% p.a.
Up to Rs 1000 lakh at 7.60% p.a.

Scheme for Assisting Traditional Fishermen

Loans up to Rs 70 lakh at 6% p.a.