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Aditya Birla Finance Limited offers a comprehensive solution to meet all your business requirements.

We offer business owners Corporate Finance that help you scale up their operations or acquire new processes for optimal functioning and profitability. Moreover, our corporate finance is an excellent solution that applies to both short term (managing assets and existing liabilities) and long term (capital purchases and future investments) financial issues.

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Structured Finance KNOW MORE
Working Capital KNOW MORE
Term Loans KNOW MORE​​​​​​

Revision of Reference Rates for determining Interest Rates on loans given

Long Term Reference Rate:

ABFL has increased its Long Term Reference Rate (LTRR) by 50 bps to 17.85% p.a. with effect from October 15, 2018. The interest rate on the floating rate loans of tenor greater than 12 months that are linked to the LTRR will be revised upwards by 50 bps. The spread / margin on the said loans will remain unchanged.


Short Term Reference Rate:

ABFL has increased its Short Term Reference Rate (STRR) by 25 bps to 16.85% p.a. with effect from October 15, 2018. The interest rate on the floating rate loans of tenor up to 12 months that are linked to the STRR will be revised upwards by 25 bps. The spread / margin on the said loans will remain unchanged. ​​

Emergency Credit Line Guarantee Scheme (ECLGS)

A new facility in accordance with the Emergency Credit Line Guarantee Scheme (“Scheme”) is launched by NCGTC (National Credit Guarantee Trustee Company Ltd., Ministry of Finance, Government of India). Under the Scheme, an additional loan upto 20% of the outstanding as on 29th Feb 2020 can be extended, which facility will be valid for a period of 4 years with a 12-month principal moratorium. 

This loan offer is subject to you complying with the following additional requirements, as specified under the Scheme: 

Annual turnover of the entity for the Financial year 2019-20 is not greater than Rs. 100 Cr. 

Overall fund based outstanding credit with all banks/NBFCs/FIs as on 29th Feb 2020 is not greater than Rs. 25 Cr. 

No overdues beyond 60 days, across all banks/NBFCs/FIs as on 29th Feb 2020. 

         Availability of a valid GST registration, unless exempted. 


Additional details of the above scheme is available on the following link: https://www.eclgs.com/