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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 2004.

 

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

8-14.25

7.5-14.5

9-12.5

8.375-12.125

Foreign Banks

5.875-14.75

6-14

7.25-9

7.375-10.95

Private Sector Banks

7.375-15.875

7.5-15.875

10-13

9.25-13

Note : Data pertains to 88 banks , of which 28 are public sector banks, 30 are private sector banks and 30 are foreign banks.

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