On Advances above Rs.2 lakh other than Export Credit - RBI - Reserve Bank of India
Table 2 : Median Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit |
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Interest Rate Range excluding 5% |
Interest Rate Range at which at least |
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Demand Loan |
Term Loan |
Demand Loan |
Term Loan |
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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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