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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 2005

 

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

7.75-14.25

7.5-14.5

9-12.5

8.375-12

Foreign Banks

6.5-14.5

6.515-13.375

7.125-9

7.625-9.5

Private Sector Banks

7-15.5

7.5-16

10-12.5

9-13

Note : Data pertains to 88 banks , of which 28 are public sector banks, 30 are private sector banks and 29 are foreign banks.

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