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Lending Rates of Scheduled Commercial Banks Sub Page Banner June 2002 to June 2010

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On Advances above Rs.2 lakh other than Export Credit

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Table 2 : Median Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit
For the Quarter Ended  March 2007

 

Interest Rate Range excluding 5%
of business contracted at Extreme Rate

Interest Rate Range at which at least
60%  of the business has been contracted

Demand Loan

Term Loan

Demand Loan

Term Loan

Public Sector Banks

8.5-15.75

8.875-16

9-12.5

9.125-12.5

Foreign Banks

7.97-14.5

7-12.5

8.875-12.3

8.18-11.13

Private Sector Banks

9-16.5

9-16.875

10-13.5

10.375-13.75

Note : Data pertains to 82 banks , of which 28 are public sector banks, 28 are foreign sector banks and 26 are private banks.

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