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 |
8.5-16.5 |
8.75-16.75 |
10-13.625 |
9.5-13 |
Foreign Banks |
8.275-13.5 |
7.275-13.25 |
9.5-11 |
9.125-10.375 |
Private Sector Banks |
9-17 |
8.5-17.5 |
11-13.25 |
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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