Himachal Pradesh Financial Corporation

S. No.	Eligibility conditions	Rate of interest
1	Existing units earning net profits for the last three years, showing an increase in profits in the last three years OR	13.00% (At Sub-PLR)
	30% increase in net worth during the last three years OR
	Projects rated as CAAA or CAA+ or CAA- or equivalent or SMERA rating scale showing highest/ high safety
2	Other projects eligible for financing OR	13.5% (At PLR) 13.5%
	In case of sale of assets on deferred payment basis
3	Infrastructure/commercial/ housing/ other projects under HUDCO LOC rated as CAAA or CAA+ or CAA- or equivalent or SMERA rating scale showing highest/ high safety	13.25%
4	Other infrastructure/commercial/ housing/ other projects eligible for financing under HUDCO LOC	13.75%

Updated on   January 15, 2008