Common use of Applicable Rate of Interest Clause in Contracts

Applicable Rate of Interest. The Applicable Rate of interest for the facility granted/ to be granted to the Borrower is as follows: Sl. No. Nature of the limit ……… month(s) MCLR Reset period Spread Effective Rate of Interest (C + E) Rest Remarks, if any. (A) (B) (C) (D) (E) (F) (G) (H)

Applicable Rate of Interest. The Applicable Rate of interest for the facility granted/ to be granted to the Borrower is as follows: Sl. No. Nature of the limit ……… month(s) MCLR Reset period Spread Effective Effectiv e Rate of Interest (C + E) Rest Remarks, if any. (A) (B) (C) (D) (E) (F) (G) (H)

Applicable Rate of Interest. The Applicable Rate of interest for the facility facility(ies) granted/ to be granted to the Borrower is as follows: Sl. No. Nature of the limit ……… month(s) MCLR Reset period Spread Effective Effectiv e Rate of Interest (C + E) Rest Remarks, if any. (A) (B) (C) (D) (E) (F) (G) (H)