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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 1 : Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit
For the Quarter Ended March 2008

(per cent per annum)

 

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

4.5-17.5

4-17.75

7-17

6-17

Foreign Banks

5.4-18.5

5-28

6-14.5

7-19.5

Private Sector Banks

4.5-24

4-22.3

6.88-17.5

8.22-19.09

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