On Advances above Rs.2 lakh other than Export Credit - ଆରବିଆଇ - Reserve Bank of India
Table 2 : Median Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit |
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Interest Rate Range excluding 5% |
Interest Rate Range at which at least |
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Demand Loan |
Term Loan |
Demand Loan |
Term Loan |
|
Public Sector Banks |
8.5-16.375 |
9-16.75 |
9.875-13 |
9.625-13 |
Foreign Banks |
7.825-14 |
7-13.5 |
9.375-12.25 |
8.25-11.5 |
Private Sector Banks |
9.025-17.25 |
9-17.875 |
10.25-14 |
10.5-14 |
Note : Data pertains to 80 banks , of which 28 are public sector banks, 28 are foreign sector banks and 24 are private banks. |
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