On Advances above Rs.2 lakh other than Export Credit - RBI - Reserve Bank of India
Table 1 : Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit |
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(per cent per annum) |
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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 |
|
Public Sector Banks |
5-17.5 |
4-17.75 |
6-17 |
6.25-17 |
Foreign Banks |
2.98-17.5 |
5-28 |
4-17 |
6.47-25 |
Private Sector Banks |
4.49-21 |
4-26 |
7-17.5 |
7-17.5 |
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