On Advances above Rs.2 lakh other than Export Credit - ਆਰਬੀਆਈ - Reserve Bank of India
Table 1 : Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit |
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(per cent per annum) |
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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 |
2.75-16 |
4-15.5 |
5.7-15 |
5.25-15.25 |
Foreign Banks |
3.55-23.5 |
4.23-23 |
4.55-23 |
4.5-16.5 |
Private Sector Banks |
3.15-20 |
4-22 |
5.4-16.5 |
5.05-16 |