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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 June 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

9-16.25

9-16.375

10.375-13.75

9.625-13.125

Foreign Banks

8.75-14

7.85-13.25

10-12.2

9.25-11.25

Private Sector Banks

9-17.25

8.5-17.5

11-13.625

11-13.5

Note : Data pertains to 77 banks , of which 28 are public sector banks, 27 are foreign sector banks and 22 are private banks.

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