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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 June 2004.

 

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

8-14.25

7.5-14.5

10.5-12.5

10.75-12.75

Foreign Banks

5.705-15

7-14.5

6.5-11.5

7.25-10.95

Private Sector Banks

10-15.625

8.5-16

11.5-13.75

11-14

Note : Data pertains to 86 banks , of which 27 are public sector banks, 30 are private sector banks and 29 are foreign banks.

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