- State Bank of India (SBI) is offering concessions in pricing/processing charges for MSMEs having better ZED ratings. Gold ZED rated MSMEs are being offered 25% concession in processing charges. Diamond and Platinum ZED rated MSMEs are being offered 25% concession in processing charges and 0.25% interest concession over the extant card rates. SBI is also considering incorporating ZED rating as a parameter in its Bank’s internal rating system.
SBI e-Circular: https://zed.org.in/uploads/SBI_e-Circular_dt._19.09.2018.pdf
Press Release: https://www.sbi.co.in/portal/web/home/press-releases
SBI - QCI MoU: https://zed.org.in/uploads/SBI_MoU.pdf
- YES Bank is offering preferential pricing to ZED rated MSME to the tune of 0.5% on the applicable Rate of interest and 0.5% on Processing Fee on the standard program pricing.
Yes Bank - QCI MoU: https://zed.org.in/uploads/Yes_Bank.pdf
- ZED Rating information included in the “Collateral free Loan application form” across all nationalised and private banks
*Above are subject to
change without prior notice