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 |
8.75-16.75 |
10-13.125 |
9.75-13 |
Foreign Banks |
8.05-13.5 |
7-12.5 |
9.75-11.5 |
9-10.5 |
Private Sector Banks |
9-17 |
8.5-17.5 |
10.5-13 |
10.5-14 |
Note : Data pertains to 79 banks , of which 28 are public sector banks, 28 are foreign sector banks and 23 are private banks. |
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