an in in ndia       12.43
         through refinance route (through the       There is no fixed interest rate in this
         Public and private sector banks, NBFCs,    scheme. As per the Government of India,
         MFIs, RRBs, District Banks, etc).          presently, banks are charging the interest
         The products designed under it are         rates between Base Rate plus one per cent
         categorized into three buckets of finance
                                                    to 7 per cent per annum. Interest rates on
         named Shishu (loan up to Rs. 50,000),
                                                    the loans are supposed to vary according
         Kishor (Rs. 50,000 to Rs 5 lakh) and
         Tarun (Rs. 5 lakh to Rs. 10 lakh).         the risk involved in the enterprises seeking
         Though the scheme covers the traders of    loans. There is no general subsidy offered
         fruits and vegetables, in general, it does on interest rates except if the loan is linked
         not refinance the agriculture sector.      to some other government scheme.