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Lending Rates of Scheduled Commercial Banks Sub Page Banner 2010 onwards

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Table 2 : Median Range of Interest Rates on Outstanding Loans for the Quarter ended June 2024
(Per cent per annum)
  Interest Rate Range including all Interest Rate Range at which at least 
Bank Group of business contracted at Extreme Rate 60%  of the business has been contracted
  Cash Credit  Demand Loan Term Loan Cash Credit  Demand Loan Term Loan
  Min Max Min Max Min Max Min Max Min Max Min Max
Public Sector Banks 6.50 16.50 5.70 15.15 5.00 16.75 8.10 15.00 7.18 10.10 7.30 14.55
                         
Pvt. Sec. Banks 7.00 18.70 5.95 18.83 4.00 25.00 9.05 12.43 8.04 10.35 7.70 12.25
                         
Foreign Banks 8.63 12.50 7.46 9.88 6.60 11.40 8.75 10.58 7.70 8.57 7.73 9.92
Table 2 : Median Range of Interest Rates on Outstanding Loans for the Quarter ended December 2023
(Per cent per annum)
  Interest Rate Range including all Interest Rate Range at which at least 
Bank Group of business contracted at Extreme Rate 60%  of the business has been contracted
  Cash Credit  Demand Loan Term Loan Cash Credit  Demand Loan Term Loan
  Min Max Min Max Min Max Min Max Min Max Min Max
Public Sector Banks 6.50 16.73 6.50 16.10 5.00 16.88 8.15 14.70 7.20 10.20 7.15 14.13
                         
Pvt. Sec. Banks 7.18 19.96 6.25 19.25 4.00 26.00 9.05 12.59 8.15 11.45 7.20 15.75
                         
Foreign Banks 8.68 13.17 7.49 10.30 6.45 11.46 9.38 10.49 7.78 8.63 7.70 10.10
Table 1 : Range of Interest Rates on Outstanding Loans for the Quarter ended December 2023
(Per cent per annum)
  Interest Rate Range including all Interest Rate Range at which at least 
Bank Group of business contracted at Extreme Rate 60%  of the business has been contracted
  Cash Credit  Demand Loan Term Loan Cash Credit  Demand Loan Term Loan
  Min Max Min Max Min Max Min Max Min Max Min Max
Public Sector Banks 3.75 36.50 3.00 36.00 3.80 36.00 3.80 18.60 5.00 18.75 3.80 19.09
                         
Pvt. Sec. Banks 4.00 47.88 1.50 47.40 0.10 47.88 5.55 47.88 5.10 47.40 2.35 47.88
                         
Foreign Banks 6.90 45.63 4.38 47.88 1.00 42.00 6.90 45.63 4.49 47.88 4.00 42.00
Table 2 : Median Range of Interest Rates on Outstanding Loans for the Quarter ended March 2024
(Per cent per annum)
  Interest Rate Range including all Interest Rate Range at which at least 
Bank Group of business contracted at Extreme Rate 60%  of the business has been contracted
  Cash Credit  Demand Loan Term Loan Cash Credit  Demand Loan Term Loan
  Min Max Min Max Min Max Min Max Min Max Min Max
Public Sector Banks 6.50 16.73 6.20 15.43 4.50 16.85 8.25 14.70 7.33 10.08 7.30 14.58
                         
Pvt. Sec. Banks 7.00 19.92 5.85 19.25 4.00 25.25 9.00 12.52 8.13 11.23 7.50 15.75
                         
Foreign Banks 9.70 12.85 7.50 10.31 6.50 11.50 9.80 10.75 7.90 8.79 7.70 10.09
Table 1 : Range of Interest Rates on Outstanding Loans for the Quarter ended March 2024
(Per cent per annum)
  Interest Rate Range including all Interest Rate Range at which at least 
Bank Group of business contracted at Extreme Rate 60%  of the business has been contracted
  Cash Credit  Demand Loan Term Loan Cash Credit  Demand Loan Term Loan
  Min Max Min Max Min Max Min Max Min Max Min Max
Public Sector Banks 3.80 36.50 4.00 36.00 3.80 36.00 4.00 18.35 5.00 18.75 3.80 19.09
                         
Pvt. Sec. Banks 4.00 47.88 1.25 47.40 1.00 47.88 7.00 47.88 4.23 47.40 2.50 47.88
                         
Foreign Banks 7.30 45.63 3.25 47.88 1.00 42.00 7.30 45.63 4.20 47.88 4.00 42.00
Table 2 : Median Range of Interest Rates on Outstanding Loans for the Quarter ended Septemeber 2024
(Per cent per annum)
  Interest Rate Range including all Interest Rate Range at which at least 
Bank Group of business contracted at Extreme Rate 60%  of the business has been contracted
  Cash Credit  Demand Loan Term Loan Cash Credit  Demand Loan Term Loan
  Min Max Min Max Min Max Min Max Min Max Min Max
Public Sector Banks 6.50 16.38 5.58 15.90 5.00 16.88 7.83 13.80 7.12 10.13 7.25 14.55
                         
Pvt. Sec. Banks 7.00 19.10 6.25 18.85 4.00 26.00 9.13 12.37 8.08 10.50 7.70 14.75
                         
Foreign Banks 8.63 12.95 7.29 9.73 6.50 11.50 8.75 10.58 7.70 8.53 7.70 10.20
Table 1 : Range of Interest Rates on Outstanding Loans for the Quarter ended September 2024
(Per cent per annum)
  Interest Rate Range including all Interest Rate Range at which at least 
Bank Group of business contracted at Extreme Rate 60%  of the business has been contracted
  Cash Credit  Demand Loan Term Loan Cash Credit  Demand Loan Term Loan
  Min Max Min Max Min Max Min Max Min Max Min Max
Public Sector Banks 4.00 36.50 4.00 36.00 4.00 36.00 4.00 19.00 5.00 18.75 4.00 19.09
                         
Pvt. Sec. Banks 4.00 47.88 1.25 47.40 2.00 47.88 5.35 47.88 5.77 47.40 2.00 47.88
                         
Foreign Banks 7.09 45.63 4.73 47.88 1.00 42.00 7.40 45.63 5.00 47.88 5.00 42.00

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