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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 2008

 

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

9-17

9-17

11-14

10-14

Foreign Banks

9.5-15

8.5-14.5

11.04-13.75

10.5-13.4

Private Sector Banks

9.45-18.375

9.825-18.375

11.625-14.725

11.625-14.55

Note : Data pertains to 76 banks , of which 27 are public sector banks, 27 are foreign sector banks and 22 are private banks.

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