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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 September 2007

 

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

8.5-16.375

8.75-16.75

10-13.125

9.75-13

Foreign Banks

8.05-13.5

7-12.5

9.75-11.5

9-10.5

Private Sector Banks

9-17

8.5-17.5

10.5-13

10.5-14

Note : Data pertains to 79 banks , of which 28 are public sector banks, 28 are foreign sector banks and 23 are private banks.

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