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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 2003.

(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

4-15.5

5.75-16

4-15.5

6-16

Foreign Banks

4.2-25

3-23

4.9-18

4.75-22

Private Sector Banks

5.2-18.5

5-22

5.4-17.25

5-17.5

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