Foreign Currency Swing Limit

Quantum

• Minimum US Dollars 100,000/-. Lending only in US Dollars.

Tenor

Working Capital -

• Min. 3 months, Max. 18 months.
• Conversion of existing rupee working capital facilities into FCL facility can be allowed.

Demand Loans -

• Min. 12 Months , Max. 36 Months.

Rate of Interest

• Interest rate linked to LIBOR + applicable spread based on credit rating, payable at quarterly intervals.*

Commitment Fee

• 1% p.a. of unutilised amount of FCL after 3 months of execution of documents.
• In case the sanction is requested to be revalidated, revalidation fee @ 0.25% of the entire sanctioned amount (maximum USD 5000/-) is applicable.

Processing Charges

• Rs. 145/- per lakh or part thereof, Maximum Rs.1,45,000/-.
• In case of conversion of existing facilities, no additional processing charges are recovered. Transaction cost ranging from Rs.15,000/- to Rs.25,000/- is levied at the time of conversion.