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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 1 : Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit For the Quarter Ended September 2004.

(per cent per annum)

 

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

2.75-16.5

5-16

4.75-15

6-15

Foreign Banks

2.55-21.5

3.1-23

2.55-18

3.1-18

Private Sector Banks

3.15-20

4-21.48

5-16.5

4.6-16.5

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