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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  March 2008

 

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

8.5-16.25

9-16.5

9.625-13.625

9.5-13.125

Foreign Banks

8.35-13.75

7.75-13

9.75-12

9.25-11

Private Sector Banks

9-17

8.5-17

11-13.5

11-13.5

Note : Data pertains to 78 banks , of which 28 are public sector banks, 27 are foreign sector banks and 23 are private banks.

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