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t-+.sm Tfl-{rH ,f...tr.hBANK FMAHARASHTRAqsrrq+rqfnq R(nf$g,--h)eno FFrcEEil-.fi,-4'rdq'q1ffi{rR,gd - u $--7f LoKMANGAL,f01 HrvafNAGAR,uNE-fPHoNE: 532731 . 3 .34 ,35 AX 5536748 , m o i l bom cocre@ pn3 .vsn l , ne t , i nAX1/PSRC/C|r.o.19t070809 February 008ALLBRANCHES ND OFFICESOF THEBANKDearSir.

Priority ector& RetailCredit.

F ILENO.1 1

Re: Revision n Rateof tnterest-sME,HousingLoansand EducationLoan.1 Please eferour circular os.1'1 AX1/cMB/cirNo'3106-07ated30.05.2006 n revision f rateof interest n certaincategory f advancesncluding MELoans.1'2 AX1/PSRC/Ctr.2107-08atel 11.04.07 and AX1/pSRC/cir.1 tO7-08dated24'10'2007on revision n rate of intereston Retail oan schemes and rate ofinterest n housingoans espectively.

2' The Asset LiabilityManagementGommittee ALCO)at its meetingheld on 0g-02-2008 reviewedhe rateof inierestapolicableor sME borrourers retail oanscheme.ALCO has decided o revise he rateof interestor sME borrowers, Housing Loansand EducationalLoan. The revision n interest atesare applicablewith effect rom11th ebruary200g.3. Smalfand MediumEnterprises SME)3'1 Sizewise Rateof fnterest:There s no change n sizewiserateof interest.Thesizewiserateof interest pplicableor the newentrepreneur(s)s as under:

above s.4pgy9Rs.25.00akh

Revised ates_EPLR-)2 50 10.75o/oEeLR-)200 11 25%EELR-)0 75 12 .50%BPLR 13.25o/oBPLR +)1 00 14.25%After he firstyearrating sapplicableof operationwith Bank,concessionalate(for oanaboveRs.2.00akh). of interest s per credit

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3.2RevisedRateof Interestaccording o credit Rating:for wo*ing capital acilit ies ithorwithoutTermLoancomPonent

ForTermLoansonlYCreditRating lnterestatesMB.1 BPLR-2.00% 11 25o/o MBT.1 BPLR-1 .50% 11.75o/oMB.2 BPLR-1 50o/o 11.75% MBT-2 BPLR.1 .OO%12.25%MB-3 BPLR-1OO% 12.25o/o MBT-3 BPLR-O.50 12.75o/oMB.4 BPLR-0.75o/o 12.50o/o MBT-4 BPLR+O.25% 13.50%MB-5 BPLR-0.25o/o 13.00% MBT-5 BPLR+0.75% 14.00o/oM8.6 BPLR+0.25oh 13 .50% M8T-6 BPLR+1 25o/o 14.50o/oMB.7 BPLR +0 75o/o 14.00o/o

3.3 For sME units engaged in the production f environment riendlyproducts,concession f 0.50% n thelbove interest atewillbe applicable.3.4 Further in case of units rated by accreditedCredit Rating Agencies underperformance credit Rating chemeoiNstc for small Industries nd enjoying reditl imit above Rs.2.00 akh, f-urther elaxationn the rate of interestas under will beapplicable:

: ra !i t{, .i

4. HousingLoans:4.1 RevisedFloating Interest ate or loanssanctionedappf cable with effect from 11'02'2008'

t iJ,

on or after05th March2007

renovationloansanctioned n or after05.03.07):4.2 Rateof Interest or RepairsandBPLR-325% i.e.10.00%'a.)

Reductionf nterest Y0'50%i . Hiqhest atin Reduction f interest Y0 25%hest atin

Above 10 Yrs butbelow& inclusiveinclusive0Above 5 Yearsand Upto &of 5 vears

Upto andinclusiveBPLR.3.OO%10.25o/oBPLR-325o/o10 .00%BPLR.3.50%9.75%Sanctioned oanamountuPtoRs.20.00akh. BPLR-2.50%10.75%BPLR-2.75%10 .50%BPLR-3.25%10 .00%Sanctioned Loan amountaboveRs.20.00akh.

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Tenorr+ Upto andinclusiveof 5 yearsAbove years ndUpto& inclusive0VT S

Above 10 yearsbut below &inclusivef20yrsSanctioned oanamountuptoRs.20.00akh. 10 .50% 11.00%Sanctioned Loan amountaboveRs.20.00akh. 10 75o/o 11 50o/o

4.3 New FixedROI applicablewith effect rom 11.02.2008.

4.4 Existing loating ate of interest,which s de-linked o BPLR for loans sanctionedpr ior o 05.03.07 i l l remainunchanged.The hart s as under:Floating nterest ate for loans sanctionedprior to 05thMarch 2007.

5. MahabankEducationLoan Scheme:

Concessionsn rateof interest or educationoansanctioned pto31-5-2006o existingwomen borrowers 50 basis point)and existingborrowers nder MahabankFamilyBankingCard Scheme 100basispoint)will be continuedwith referenceo the revisedrateof interest.Kindly note that the above concessional ates of interest o women borrowersandborrowers nderMahabank amilyBankingCard MBFC)Scheme s applicableor heloanssanctioned pto 31-5-2006 s thereafterhe schemeshave been suspended.t

Tenor$ lnterest ratep .4 . Upto andinclusiveof 5 yearsAbove 5 yearsandUpto andinclus ive 10years

Above 10 years butbelow& inclusive of 20yearsSanctioned Loanamount uptoRs.20.00akh

Floating 9 .50% 10.00% 10.25%

Sanciioned Loanamount aboveRs.20.00akh.

Floating 9 .75o/o 10.25o/o 1A.25%

Slab Existing ate of interest Revised ate of interest-with ffectfrom 11.02.2008Loan amount upto andinclusive f Rs.4.00akh BPLR-O.75o/oi .e .12 .50o /o.a . BPLR-125%i .e .12 .00% .a.Loan amount aboveRs.4 .00akh At BPLRi.e.13.25o/o.a. At BPLR.O.50%i.e.1 .75o/o.a.

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shouldalso be noted hat there are no mult ipl icityf concessions nd the maximumconcessionvailable i l l n any caseshallnotexceed1%.Chart showing he rate of interestapplicable or Education oan granted o existingwomenborrowers nd borrowers nderMahabankFamilyBankingCardScheme s asunder:

7 lt is reiterated hat it is necessary o displaya copy of the revised nterestratestructure n the NoticeBoard or information f all our customers nd also o inform hechanges n the interest ate to all the eligibleborrowers hrougha letter o be sent"UnderCertificate f Posting"mmediately.All are requestedo be guidedaccordingly.Yours aithfully,

Deputy eneralvlanagerPSRC CS.

Floating ratesWomen LoanuptoRs.4.00 akhs BPLR-175% e. 11 .50% .a .LoanaboveRs.4.00 akh BPLR-1.00%.e 12.25% .a.Floating ates MFBCholder LoanuptoRs.4.00 akhs BPLR-225% .e.11.00% .a.LoanaboveRs.4.00 akh BPLR-1.50o/o.e.11.75% .a.