On Advances above Rs.2 lakh other than Export Credit - ਆਰਬੀਆਈ - Reserve Bank of India
Table 2 : Median Range of Interest Rates on Advances (above Rs. 2 lakhs) other than Export Credit |
||||
Interest Rate Range excluding 5% |
Interest Rate Range at which at least |
|||
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. |
||||