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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 December 2005

 

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

6.875-14

7-14.25

8-11.625

8-11.625

Foreign Banks

6.5-14

5.85-12.5

7-9.5

7.2-9.5

Private Sector Banks

7.625-15.25

7.375-15.25

10-13

9.25-13

Note : Data pertains to 85 banks , of which 28 are public sector banks, 29 are private sector banks and 29 are foreign banks.

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